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4 World Trade Center, New Y...

Digital Asset Leases 19000 Square Feet At 4 World Trade Center From Silverstein Properties
LEASEDOffice

Digital Asset Leases 19000 Square Feet At 4 World Trade Center From Silverstein Properties

4 World Trade Center, New York, NY, 1...

Building Size

19,000 SF

Asset Type

Office

Closing

Oct 26, 2018

AI

The property involved in this transaction is located at 4 World Trade Center, New York, NY, occupying 19,000 square feet within the New York market.

Summary of transaction details:

This lease transaction features Digital Asset as the tenant, with Silverstein Properties serving as the landlord. The deal involves a collaboration with multiple representatives and brokers, highlighting the network of professionals participating in this agreement.

Players

Stephen Siegel

CBRE

Broker

$85M

vol

9 deals

Broker
Silverstein Properties
Silverstein PropertiesLandlord

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