Office · Hudson Yards
50 Hudson Yards
504 West 34th Street, Hudson Yards · Built 2022 · 58 floors
Partial
sourcedmodeled0 of 6 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Mitsui Fudosan America (90% stake) in joint venture with Related Companies and Oxford Properties Group (10% combined).
4 recorded holders · 2 beneficial owners · chain resolves 2 levels, with each holder's interest percentage and class.
2 debt tranches on file — lender, principal, rate and maturity.
Financials
Financial model
Effective gross income, operating expenses, DSCR, cash-on-cash, mark-to-market and replacement cost — the income side of the underwrite.
Tenants & leasing
Tenant roster & leasing
12 tenants of record, with GLA, floor, lease expiration and base rent — plus occupancy, WALT and the rollover stack.
Underwriting
Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
Provenance footnotes
- Current value: Estimated — no sourced claim on file.
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — Mitsui Fudosan America (90% stake) in joint venture with Related Companies and Oxford Properties Group (10% combined): Single source — hudsonyardsnewyork.com · https://www.hudsonyardsnewyork.com/press-media/press-releases/related-companies-oxford-properties-group-and-mitsui-fudosan-america-inc
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.
Anchoring begins when the asset enters the live ledger.