facebook
Traded Co logo
Submit

Equity Raised For 1.3M SF Office Building At 101 Hudson Street In Jersey City, NJ

Property Image
FINANCED
$20,000,000

New Jersey

See Similar Deals
Office1,246,283 SF
Financed 10/10/2022
the dealplayerscompscontact
Property Image
FINANCED

Equity Raised For 1.3M SF Office Building At 101 Hudson Street In Jersey City, NJ

101 Hudson Street

See Similar Deals
Office1,246,283 SF
Financed 10/10/2022
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$16
Total Square Footage:1,246,283 SF
Transaction Type:Loan

Located at 101 Hudson Street in Jersey City, NJ, this 1,347,000 square foot office property was recently involved in a closed transaction. The equity raised for this deal amounted to $20,000,000. The transaction involved Bushburg and The Birch Group, with Mark Meisner representing the landlords. Steven Vegh and Phil Goldstein of Westwood Realty Associates served as the brokers for this deal.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $20,000,000
  • Address: 101 Hudson Street
  • Market: Jersey City, NJ
  • Square Footage: 1,347,000 SF
  • Landlord: Bushburg & The Birch Group - Mark Meisner
  • Brokers: Steven Vegh & Phil Goldstein - Westwood Realty Associates

This transaction showcases the collaboration between Bushburg, The Birch Group, and their representative, Mark Meisner. Additionally, Steven Vegh and Phil Goldstein acted as the brokers for this office property deal, representing the interests of the involved parties.

Players

Steven Vegh
68 deals$2.5B volume(917) 715-8259
BROKER

Steven Vegh
Westwood Realty Associates
68 deals$2.5B volume(917) 715-8259
BROKER

Phil Goldstein
22 deals$515.7M volume
BROKER

The Birch Group
LANDLORD

Details

FINANCED
IMAGE: RAISED IMAGE: Steven Vegh & Phil Goldstein DATE: 10/10/2022 ADDRESS: 101 Hudson Street MARKET: Jersey City, NJ ASSET TYPE: Office ~ SF: 1,347,000 LANDLORD: Bushburg (@BushburgProperties) (@Bushburg) & The Birch Group - Mark Meisner BROKERS: Steven Vegh (@StevenVegh) & Phil Goldstein (@Phil_goldstein_84) - Westwood Realty Associates LOAN AMOUNT: $20,000,000 LOAN TYPE: Equity

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$20,000,000.00

Monthly NOI$133,333.33
Monthly Debt Service$126,413.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00