Clear Street Expands Headquarters At 4 World Trade Center Under 10-Year Lease With Silverstein Properties
4 World Trade Center
Building Size
88,000 SF
Asset Type
Office
Closing
Jul 21, 2025
AI
The asset involved in this transaction is an office space located at 4 World Trade Center in the Financial District. The property encompasses a total of 88,000 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 4 World Trade Center
- Market: Financial District
- Landlord: Lisa Silverstein - Silverstein Properties
- Tenant: Chris Pento - Clear Street
- Lease Duration: 10 years
- Total Footprint: 88,000 square feet
Clear Street, represented by Chris Pento, has expanded its headquarters by adding the 46th floor to its leased space. This move highlights the company's growth and commitment to its operations at this prominent location.
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