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60 Madison Avenue

Updated Aug 28, 2026

Bilt advertisement
LEASEDOffice

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:

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

Arash Sadighi

Venture Commercial

Broker

2 deals

Broker
CBRE
CBREBrokerage
Arca Financial Group
Arca Financial GroupBuyer

Joseph Moinian

Moinian Group

Landlord

$491.8M

vol

11 deals

Landlord
Arca Financial Group
Arca Financial GroupTenant

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

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