Knotel Leases 19,563 Square Feet At 250 Hudson St New York From Jack Resnick & Sons
250 Hudson St, New York, NY, 10013
$80
$80/SF
Building Size
19,563 SF
Asset Type
Office
Closing
Sep 7, 2018
AI
The property asset involved in this transaction is located at 250 Hudson St, New York, NY, within the New York market. The leased space encompasses a total of 19,563 square feet, with a rent price of $80 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 250 Hudson St, New York, NY, 10013
- Market: New York
- Tenant: Knotel
- Landlord: Jack Resnick & Sons
- Tenant's Representative: Gregory DiGioia (Newmark Knight Frank)
This lease transaction includes key stakeholders such as the landlord Jack Resnick & Sons and tenant Knotel, who engaged tenant's representative Gregory DiGioia from Newmark Knight Frank for this deal. The agreement reflects an important addition to Knotel's occupancy portfolio in New York.
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
198287.50%
Cash-on-Cash
-56671.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93