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54 Thompson Street, New Yor...

Oren Alexander And Tal Alexander Acquire SoHo Resi Condo For $12.3M
SOLD

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

Oren Alexander

Official

Broker

$2B

vol

106 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

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