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42 Broadway

Office Of The Appellate Defender Leases 15,542 Sq Ft At 42 Broadway In Financial District
LEASEDOffice

Office Of The Appellate Defender Leases 15,542 Sq Ft At 42 Broadway In Financial District

42 Broadway

Building Size

15,542 SF

Asset Type

Office

Closing

Nov 11, 2025

AI

The property asset involved in this transaction is an office space located at 42 Broadway in the Financial District, encompassing a total area of 15,542 square feet. The landlord for this lease is Cammeby’s International Group.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 42 Broadway
  • Market: Financial District
  • Asset Size: 15,542 sq ft
  • Landlord: Cammeby’s International Group
  • Tenant: Office of the Appellate Defender
  • Landlord's Representatives: Brian Siegel - Cammeby’s International, Henri Chalouh - The Lawrence Group
  • Tenant's Representatives: Carri Lyon, Jenna Catalon - Cushman & Wakefield

The Office of the Appellate Defender, a nonprofit appellate legal provider in New York City, is moving from 11 Park Place to this new location, indicating an expansion after 20 years in its previous office space.

Players

Carri Lyon

Cushman & Wakefield

Broker

$89.4M

vol

22 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
Cammeby’s International Group
Cammeby’s International GroupLandlord

Brooklyn 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