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50 Hudson Yards, New York, ...

LEASEDOffice

Jamie Katcher Represents Tenant In Lease At 50 Hudson Yards New York For 1 Square Foot

50 Hudson Yards, New York, NY, 10001

Building Size

1 SF

Asset Type

Office

Closing

Nov 14, 2019

AI

The property asset involved in this transaction is a lease located at 50 Hudson Yards, New York, NY, 10001. It encompasses a total area of 1 square foot and is situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 50 Hudson Yards, New York, NY, 10001
  • Market: New York
  • Square Feet: 1
  • Landlord: Related Companies
  • Tenant's Representative: Jamie Katcher

This lease transaction involves key participants including the landlord, Related Companies, and the tenant's representative, Jamie Katcher, who played a pivotal role in facilitating the agreement.

Players

Jamie Katcher

Brookfield Properties

Broker

14 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

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