Jack Resnick & Sons Leases 52000 Square Feet To One Kings Lane At 315 Hudson St New York
315 Hudson St, New York, NY, 10013
Building Size
280,000 SF
Asset Type
Office
Closing
Jul 28, 2015
AI
The property involved in this transaction is located at 315 Hudson St, New York, NY, 10013, within the New York market. The asset encompasses a total area of 52,000 square feet and is associated with Jack Resnick & Sons as the landlord.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not Disclosed
- Address: 315 Hudson St, New York, NY, 10013
- Market: New York
- Landlord: Jack Resnick & Sons
- Tenant: One Kings Lane
- Landlord's Representative: Dennis Brady, Jack Resnick & Sons
This lease transaction features One Kings Lane as the tenant, with Dennis Brady from Jack Resnick & Sons representing the landlord in the deal. The engagement reflects an agreement between the two parties within the commercial leasing sector.
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