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522 Hudson St, New York, NY...

Updated Oct 29, 2024

Corcoran Group Represents @hudson_charles Dinette In 10-Year Lease Deal At 522 Hudson Street, West Village, New York
LEASEDMixed-use

Corcoran Group Represents @hudson_charles Dinette In 10-Year Lease Deal At 522 Hudson Street, West Village, New York

522 Hudson St, New York, NY 10014, USA

Building Size

675 SF

Asset Type

Mixed-use

Closing

Nov 28, 2020

About this deal

AI

The mixed-use property at 522 Hudson Street in the West Village of New York has been sold in a closed transaction. The property, which includes a Dinette tenant, has been leased by Bruce Camacho, the landlord. The tenant representative in this deal is Dominic Coluccio from the Corcoran Group.

Summary of transaction details

  • Property Type: Mixed Use
  • Transaction Amount: $240
  • Square Footage: 675
  • Address: 522 Hudson Street
  • Market: West Village

The tenant, Hudson Charles Dinette, has signed a 10-year lease agreement for the property. The deal was facilitated by Dominic Coluccio of the Corcoran Group, who represented the tenant in the transaction.

On the Map

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Players

Dominic Coluccio

Broker

$3.3M

vol

5 deals

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Hudson Mixed-use Market Snapshot

Boundary boundary · Mixed-use · 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

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