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
About this deal
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.
The commercial sale at 54 Thompson Street, New York, NY, USA in New York, New York sold for $12.3M in 2021. The building is 7,500 square feet, implying about 1.6K per square foot on the published price. Tal Alexander, Oren Alexander, Douglas Elliman, Official appear on the sale alongside Douglas Elliman, Official. This page is the New York, New York file for the 54 Thompson Street, New York, NY, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same New York sit in the Market section below. Filter that New York commercial set by closing date to see what else sold near 54 Thompson Street, New York, NY, USA around 2021. Published consideration for 54 Thompson Street, New York, NY, USA is $12.3M, dated 2021. Cite this Oren Alexander And Tal Alexander Acquire SoHo Resi Condo For $12.3M sale when underwriting similar commercial product around New York, New York.
Players
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Deal FAQ
About $1.6K per square foot on a published $12.3M for 7,500 square feet (2021).
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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