Bed Bath & Beyond Leases 51576 Square Feet At 315 Hudson St New York With Newmark
315 Hudson St, New York, NY, 10013
Building Size
51,576 SF
Asset Type
Mixed-use
Closing
Jan 17, 2017
About this deal
AI
The property involved in this lease transaction is located at 315 Hudson St, New York, NY, 10013, within the New York market. It encompasses a total area of 51,576 square feet, which is the key characteristic of the asset. The tenant securing this lease is Bed Bath & Beyond.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 315 Hudson St, New York, NY, 10013
- Market: New York
- Square Feet: 51,576
- Landlord's Representatives: David Falk - Newmark, Daniel Levine - Newmark, Jason Greenstein - Newmark
- Tenant: Bed Bath & Beyond
This transaction involved representatives from Newmark for the landlord side, specifically David Falk, Daniel Levine, and Jason Greenstein, who facilitated the leasing process for the property with Bed Bath & Beyond as the tenant.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
Loading comparables…
Deal FAQ
Browse New York mixed use leases on Traded.
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