facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Office

/

Sale

/

99 Hudson Street

Olshan Properties Acquires Office Building At 99 Hudson Street In Tribeca For $13M
SOLDOffice

Olshan Properties Acquires Office Building At 99 Hudson Street In Tribeca For $13M

99 Hudson Street

$13,000,000

$374/SF

Building Size

34,742 SF

Asset Type

Office

Closing

Sep 23, 2025

AI

The property asset involved in the transaction is located at 99 Hudson Street in the Tribeca market of Manhattan. It consists of office space measuring 34,742 square feet and was sold for $13,000,000, resulting in a price per square foot of $374.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $13,000,000
  • Square Footage: 34,742
  • Address: 99 Hudson Street
  • Market: Tribeca, Manhattan
  • Price per Square Foot: $374
  • Buyer: Olshan Properties
  • Seller: AEW
  • Brokers: Brett Siegel, Maurice Suede, Adam Spies & Joshua (Josh) King - Newmark

The transaction involved key players including Brett Siegel, Maurice Suede, Adam Spies, and Joshua King from Newmark, acting as the brokers. They facilitated the sale between the buyer, Olshan Properties, and the seller, AEW, representing their respective clients in this transaction.

Players

Brett Siegel

Newmark

Broker

$6.4B

vol

79 deals

Broker
Adam Spies
Verified Badge

Adam Spies

Newmark

Broker

$72.1B

vol

265 deals

Broker
Newmark
NewmarkBrokerage
AEW Capital Management
AEW Capital ManagementSeller

New York Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93