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
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.
Players
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