Tenant Christopher Hogan Of CBRE Leases 67000 Square Feet At 10 Hudson Yards New York
10 Hudson Yards, New York, NY, 10001
Building Size
67,000 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property asset involved in this transaction is located at 10 Hudson Yards, New York, NY, 10001. It encompasses a total of 67,000 square feet and is situated in the New York market, overseen by Related Companies and Oxford Property Group as the landlord.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 10 Hudson Yards, New York, NY, 10001
- Market: New York
- Square Feet: 67,000
- Tenant's Representative: Christopher Hogan (CBRE)
- Landlord: Related Companies, Oxford Property Group
This transaction features Christopher Hogan from CBRE acting as the tenant's representative. The involvement of Related Companies and Oxford Property Group as the landlords ensures a notable partnership in the management of the leasing properties in the Hudson Yards area.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · 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