Fulcrum Facility Services Leases Office Space At 30 Wall Street For $50 Per Foot
30 Wall Street
$49
$49/SF
Building Size
3,864 SF
Asset Type
Retail
Closing
Apr 28, 2025
AI
This lease transaction involves an office property located at 30 Wall Street in the Financial District. The space has a total of 3,864 square feet and is leased at a rate of $50 per square foot. The lease term is set for 5 years and is categorized as a Modified Gross lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $50/ft
- Square Footage: 3,864
- Address: 30 Wall Street
- Market: Financial District
- Landlord: AM Properties
- Tenant: Fulcrum Facility Services
- Brokers: Steven Evans, Emre Bozkurt - Platinum Properties & Joe Zalta - Platinum Commercial
- Lease Term: 5 years
- Lease Type: Modified Gross
The transaction includes notable individuals such as Steven Evans, Emre Bozkurt, and Joe Zalta, who represented the parties involved. They are affiliated with Platinum Properties and Platinum Commercial, indicating a collaborative effort in facilitating this deal.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
323734.69%
Cash-on-Cash
-92524.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93