Related Companies Leases 220000 Square Feet At 30 Hudson Yards New York With Tenant's Rep Joe Messina
30 Hudson Yards, New York, NY, 10001
Building Size
220,000 SF
Asset Type
Office
Closing
Jan 6, 2023
AI
The property asset involved in this transaction is located at 30 Hudson Yards, New York, NY, 10001. It has a total square footage of 220,000 in the New York market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 30 Hudson Yards, New York, NY, 10001
- Market: New York
- Square Feet: 220,000
- Landlord: Related Companies
- Tenant's Representative: Joseph (Joe) Messina (JLL)
Joseph (Joe) Messina from JLL represented the tenant in this transaction, while Related Companies acted as the landlord. The details highlight the professional involvement of JLL in facilitating the lease agreement for the tenant in this significant property location.
Players
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