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200 Hudson St

David Yurman Renews And Expands Lease At 200 Hudson St. In Tribeca
LEASEDOffice

David Yurman Renews And Expands Lease At 200 Hudson St. In Tribeca

200 Hudson St

Building Size

380,971 SF

Asset Type

Office

Closing

Jan 10, 2024

AI

David Yurman has signed a long-term lease renewal and expanded its office space at 200 Hudson St., a 380,971-square-foot building in Tribeca, Manhattan. The property is owned by Ellen Baer of Hudson Square Properties.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not applicable
  • Address: 200 Hudson St
  • Market: Tribeca, Manhattan
  • Square Footage: 380,971 sq ft

The landlord's representative in this deal was Newmark, while CBRE represented David Yurman.

Players

HP
Hudson Square PropertiesLandlord

New York Office Market Snapshot

Boundary boundary · Office · 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