News: Brokerage

Nasco Stone and Tile secures lease at Koeppel Rosen’s 45 East 20th St.

Manhattan, NY According to Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, Nasco Stone and Tile has signed a 5,000 s/f lease at 45 East 20th St.

The space, occupying the entire fifth floor, will be used as an office and a showroom. The long-term lease agreement comprises 10 years and 6 months.

Ownership was represented in house by Max Koeppel in the transaction. The tenant was represented by Elliot Warren, Kaufman Leasing Company, LLC.

Nasco Stone and Tile is a specialized provider of premium stone, tile, and architectural surface materials serving designers, contractors, and commercial clients. Known for its selection of natural stone, porcelain, and custom finishes, the firm supports both residential and commercial projects.

“The transaction with Nasco Stone and Tile continues the recent leasing momentum we’ve enjoyed at 45 East 20th Street, and we welcome our new tenant to this well-located office property,” said Max Koeppel, firector of leasing, Koeppel Rosen LLC.

Constructed in 1911, 45 East 20th St. is a 12-story mid-rise office building in the Flatiron District. The office building offers 62,856 s/f and is located between Park Ave. and Bdwy., near Gramercy Park.

On-site amenities include street-level retail, 24/7 building access, and an attended lobby. The building is near several Gramercy Park District amenities, including additional restaurants and shops, and is close to numerous public transportation options. Other tenants include Verci, Inc., a co-working space and social club, Blue Matrix LLC, a global leader in capital markets content publishing technology, Kids in the Game LLC, a sports-based youth development organization, and Majesty’s Pleasure nail salon.

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