10 Hudson Yards
An office property in New York, New York. Securitized in 1 CMBS deal in 2016.
$2.15BAppraised value (latest deal)
93.2%Occupancy
$91.5MUnderwritten NOI
4.3%Implied cap rate
- Address
- 10 Hudson Yards, New York, NY 10001
- Property type
- Office · CBD
- Year built
- 2016
- Size
- 693,938 SF
- Sponsor
- Podium Fund HY REIT Owner LP
- Loan purpose
- Recapitalization
- Largest tenant
- Coach
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| CD 2016-CD2 | 2016-12-08 | $2.15B | 93.2% | $91.5M | 4.3% | $67.5M | 32.9% | 4.18x | 424B |
More CMBS properties in New York →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.