Bay Dynamic Leases 11752 Square Feet At 93 Hudson St New York From 99 Hudson Street Associates
93 Hudson St, New York, NY, 10013
Building Size
11,752 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The property asset involved in the transaction is located at 93 Hudson St, New York, NY, 10013, encompassing a total square footage of 11,752. The transaction occurs within the New York market and involves a lease agreement.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 93 Hudson St, New York, NY, 10013
- Square Feet: 11,752
- Landlord: 99 Hudson Street Associates
- Tenant: Bay Dynamic
- Landlord's Representative: Lauren Crowley Corrinet & Jason Frazier - CBRE
In this transaction, the key individuals involved include Lauren Crowley Corrinet and Jason Frazier, who represent the landlord 99 Hudson Street Associates. Their role is pivotal in facilitating the lease agreement with tenant Bay Dynamic.
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