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32 Old Slip

Fincadia Leases 12,750 SF Office Space At 32 Old Slip From RXR In Financial District
LEASEDOffice

Fincadia Leases 12,750 SF Office Space At 32 Old Slip From RXR In Financial District

32 Old Slip

Building Size

12,500 SF

Asset Type

Office

Closing

Jul 20, 2026

AI

The property located at 32 Old Slip in the Financial District is an office asset encompassing a total area of 12,750 square feet. This lease transaction involves a modified gross lease agreement. The landlord for this property is RXR, while Fincadia is the tenant occupying the space.

Summary of transaction details:

The successful negotiation of this lease involved key representatives from both parties. The landlord's representation was provided by Alex Benisatto, Ryan Alexander, Zachary Price, and Nicole Marshall from CBRE. On the tenant's side, the transaction was facilitated by Francis Leung and Christopher Okada from Okada & Company.

Players

Christopher Okada

Okada & Company

Broker

$352.8M

vol

87 deals

Broker

RXR

One_RXR

Landlord

1 deal

Landlord

Fincadia

Fincadia

Tenant

1 deal

Tenant

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