Fluent, Inc. Leases 42,000 SF Office Space In New York Financial District
300 Vesey St, New York, NY, 10282
Building Size
42,000 SF
Asset Type
Office
Closing
Dec 10, 2018
AI
The office property located at 300 Vesey Street in New York, NY, 10282, was involved in a lease transaction. The property, measuring 42,000 square feet, is situated in the Financial District of New York and was leased by Fluent, Inc. from the landlord Virtu Financial.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant: Fluent, Inc.
- Tenant's Representative: Todd Hershman from Newmark
- Landlord: Virtu Financial
- Address: 300 Vesey St, New York, NY, 10282
- Market: New York
Fluent, Inc., a digital marketing company, recently subleased nearly 42,000 square feet of office space at 300 Vesey Street from Virtu Financial. The move comes after Fluent's spin-off from its parent company as part of its expansion plans in the Financial District.
Players
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