facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Mixed Use

/

Lease

/

315 Hudson St, New York, NY...

Bed Bath & Beyond Leases 51576 Square Feet At 315 Hudson St New York With Newmark
LEASEDMixed-use

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

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:

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

David Falk
Verified Badge

David Falk

Newmark

Broker

61 deals

Broker
BB
Bed Bath & BeyondTenant

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

Loading comparables…

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