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120 Broadway

BarkBox Subleases 51,220 Square Feet Office To Adaptive Security At 120 Broadway, Manhattan
LEASEDOffice

BarkBox Subleases 51,220 Square Feet Office To Adaptive Security At 120 Broadway, Manhattan

120 Broadway

Building Size

51,220 SF

Asset Type

Office

Closing

Apr 20, 2026

AI

The property asset involved in this transaction is an office space located at 120 Broadway in the Financial District of Manhattan. The office spans 51,220 square feet and is owned by Silverstein Properties.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Sublease
  • Address: 120 Broadway
  • Market: Financial District, Manhattan
  • Landlord: Lisa Silverstein - Silverstein Properties
  • Tenant: Brian Long - Adaptive Security
  • Lease Term: Sublease

This transaction involves BarkBox subleasing its office space to Adaptive Security, an AI cybersecurity firm. Adaptive Security will occupy the 12th floor of the building, continuing the utilization of the office space within the Financial District.

Players

Lisa Silverstein

Silverstein Properties

Landlord

7 deals

Landlord
Brian Long

Brian Long

Adaptive Security

Tenant

$19.8M

vol

2 deals

Tenant

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93