facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

39 Broadway

The Fedcap Group Signs Six-Year Lease For 37,760 Square Feet At 39 Broadway
LEASEDOffice

The Fedcap Group Signs Six-Year Lease For 37,760 Square Feet At 39 Broadway

39 Broadway

Building Size

37,760 SF

Asset Type

Office

Closing

Mar 19, 2026

AI

The property involved in this transaction is an office asset located at 39 Broadway in Manhattan’s Financial District. The asset spans a total of 37,760 square feet and is situated in a 37-story building.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Lease Term: Six years
  • Landlord: Rubin Schron - Cammeby’s International Group
  • Tenant: The Fedcap Group
  • Floors Leased: Entire second and third floors

This lease transaction was led by Rubin Schron, representing Cammeby’s International Group, as the landlord, while the tenant, The Fedcap Group, is noted for providing employment services as a nonprofit organization.

Players

Rubin Schron

Cammeby’s International Group

Landlord

$708.2M

vol

11 deals

Landlord
The Fedcap Group
The Fedcap GroupTenant

Astoria Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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