Amazon Signs Lease For 335,000 SF Space At 410 Tenth Avenue In Hudson Yards
410 Tenth Avenue, Hudson Yards
Building Size
3,350,000 SF
Asset Type
Other
Closing
Dec 5, 2019
AI
Amazon has secured a lease for a property located at 410 Tenth Avenue in the Hudson Yards market. The property spans 335,000 square feet and had an asking rent of approximately $90 per square foot.
Summary of transaction details
- Property Type: N/A
- Transaction Amount: N/A
- Address: 410 Tenth Avenue
- Market: Hudson Yards
- Asking Rent PSF: $90 (Approx.)
- SF: 335,000
- Tenant: Amazon
- Landlord: SL Green Realty
- Tenant's Rep: Derek Trulson, Bill Peters & Josh Stuart - JLL
- Landlord's Rep: Brian Waterman, Scott Klau, Brent Ozarowski & Erik Harris - NewmarkKF
The lease deal was facilitated by Amazon's representatives from JLL, specifically Derek Trulson, Bill Peters, and Josh Stuart. On the landlord's side, the deal was represented by Brian Waterman, Scott Klau, Brent Ozarowski, and Erik Harris from NewmarkKF.
New York Other Market Snapshot
Boundary boundary · Other · 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