facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

4 World Trade Center

Clear Street Expands Headquarters At 4 World Trade Center Under 10-Year Lease With Silverstein Properties
LEASEDOffice

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

Lisa Silverstein

Silverstein Properties

Landlord

6 deals

Landlord
Silverstein Properties
Silverstein PropertiesLandlord
Ed Tilly

Ed Tilly

Clear Street

Tenant

1 deal

Tenant
Clear Street
Clear StreetTenant

New York 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