Renowned Chef César Ramirez Leases 5,000 SF Office Space At 333 Hudson Street, Hudson Square
333 Hudson Street New York, New York 10013, USA
Building Size
5,000 SF
Asset Type
Office
Closing
Jul 31, 2023
AI
Chef César Ramirez, renowned for Chef's Table at Brooklyn Fare and holding three Michelin stars, has signed a 15-year lease for 5,000 square feet of office space at 333 Hudson Street in Hudson Square. The property is owned by GFP Real Estate.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 333 Hudson Street
- Market: Hudson Square
- Square Footage: 5,000 SF
The landlord, GFP Real Estate, facilitated the lease agreement with Chef César Ramirez as the tenant. Representing the landlord in the deal were Jeffrey Roseman and Marc Frankel from Newmark, while Christopher Owles from Sinvin acted as the tenant's representative.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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