Dale Schlather Of Cushman & Wakefield Represents Tenant In Lease At 55 Hudson Yards, New York
55 Hudson Yards, New York, NY, 10001
Building Size
250,000 SF
Asset Type
Office
Closing
Apr 29, 2016
About this deal
AI
The property located at 55 Hudson Yards, New York, NY, 10001, encompasses a total area of 250,000 square feet within the New York market. The transaction involves a lease agreement, with the landlord represented by Related Companies and Oxford Property Group.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 55 Hudson Yards, New York, NY, 10001
- Market: New York
- Tenant's Representative: Dale Schlather
- Tenant: Not specified
- Landlord: Related Companies, Oxford Property Group
- Square Feet: 250,000
The lease transaction highlights the role of Dale Schlather from Cushman & Wakefield, serving as the representative for the tenant in this deal. The involvement of the landlord companies indicates significant interest in the commercial leasing market within this location.
On the Map
Office
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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