Oren Alexander And Tal Alexander Acquire SoHo Resi Condo For $12.3M
54 Thompson Street, New York, NY, USA
$12,300,000
$1,640/SF
Building Size
7,500 SF
Asset Type
—
Closing
Aug 27, 2021
AI
An residential condo located at 54 Thompson Street, SoHo was recently sold in a closed transaction. The property spans 7,500 square feet and was sold for a total of $12,300,000, resulting in a price per square foot of $1,640.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $12,300,000
- Date: 08/27/2021
- Address: 54 Thompson Street, SoHo
Tal Alexander and Oren Alexander, represented by the Alexander Team from Douglas Elliman, acted as the buyer's representatives in this transaction.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93