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
About this deal
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.
On the Map
Office
View full map
Players
Astoria Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse Astoria office leases on Traded.
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