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
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