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
About this deal
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.
On the Map
Office
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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