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44 Wall St, New York, NY, 1...

Jobdiva Signs Lease For 6600 Square Feet At 44 Wall St New York With George Comfort & Sons
LEASEDOffice

Jobdiva Signs Lease For 6600 Square Feet At 44 Wall St New York With George Comfort & Sons

44 Wall St, New York, NY, 10005

Building Size

6,600 SF

Asset Type

Office

Closing

Jun 23, 2022

AI

The property involved in this transaction is located at 44 Wall St, New York, NY, 10005. The building is part of the New York market and has a total of 350,000 square feet. The lease for JobDiva spans 6,600 square feet and is located on the 4th floor, with a duration of 5 years. George Comfort & Sons is the landlord for the property.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 44 Wall St, New York, NY, 10005
  • Market: New York
  • Tenant: Jobdiva
  • Landlord: George Comfort & Sons
  • Tenant's Representative: John Thompson - George Comfort & Sons
  • Square Feet: 6600

This transaction also involves several other leases at 44 Wall Street. Joan Creative signed a 10-year lease for 17,000 square feet on the 12th floor, while T-REX will occupy 3,300 square feet on the 9th floor. New tenants Robert Elliot Leslie Architecture and Parliamentarians for Global Action finalized leases for 2,700 and 2,300 square feet, respectively. The ownership was represented in-house by George Comfort & Sons’ team including Peter S. Duncan, Matt Coudert, and Alexander Bermingham.

Players

John Thompson

George Comfort & Sons

Broker

1 deal

Broker

George Comfort

Sons

Landlord

$219.5M

vol

9 deals

Landlord

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