Arca Financial Group Signs 5-Year Lease For 7,500 Square Feet At 60 Madison Avenue
60 Madison Avenue
Building Size
7,500 SF
Asset Type
Office
Closing
Aug 27, 2026
About this deal
AI
The transaction involves a lease at 60 Madison Avenue, located in the NoMad market segment. The leased asset is an office space comprising 7,500 square feet and is situated on the 10th floor north of Madison Square Park.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 60 Madison Avenue
- Market: NoMad
- Lease Terms: 5 years
- Landlord: Joseph Moinian - Moinian Group
- Tenant: Arca Financial Group
- Landlord's Representative: CBRE
- Tenant's Representative: Arash Sadighi & Tyler Ruggieri - Venture Commercial
Arca Financial Group has signed a lease that spans five years, represented by Arash Sadighi and Tyler Ruggieri of Venture Commercial, while the transaction's landlord, Joseph Moinian, is represented by CBRE.
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