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3 World Trade Center, New Y...

Hudson River Trading Leases 75207 Square Feet At 3 World Trade Center From Silverstein Properties
LEASEDOffice

Hudson River Trading Leases 75207 Square Feet At 3 World Trade Center From Silverstein Properties

3 World Trade Center, New York, NY, 1...

Building Size

75,207 SF

Asset Type

Office

Closing

Dec 14, 2021

AI

The property involved in this transaction is located at 3 World Trade Center, New York, NY. The total square footage of the property is 75,207 square feet within the New York market.

Summary of transaction details:

  • Property Type: LEASE
  • Transaction Amount: Not specified
  • Address: 3 World Trade Center, New York, NY
  • Market: New York
  • Square Feet: 75,207
  • Tenant: Hudson River Trading
  • Landlord: Silverstein Properties
  • Tenant's Representatives: Jeffrey Fischer (CBRE), Christopher Corrinet (CBRE), Jeff Fischer (CBRE)

The deal features notable representatives from CBRE acting on behalf of the tenant, Hudson River Trading, highlighting the involvement of multiple brokers in this transaction. Silverstein Properties represented the landlord's interests in this lease agreement.

Players

Jeffrey Fischer

CBRE

Broker

16 deals

Broker
Silverstein Properties
Silverstein 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