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132 Greene St, New York, NY...

Updated Oct 29, 2024

Poggenpohl Leases 6050 Sq Ft Condo On Greene St, NYC With Sinvin Real Estate
LEASEDCondo

Poggenpohl Leases 6050 Sq Ft Condo On Greene St, NYC With Sinvin Real Estate

132 Greene St, New York, NY, 10012

Building Size

6,050 SF

Asset Type

Condo

Closing

Mar 7, 2019

About this deal

AI

The asset involved in the transaction is a Condo located at 132 Greene St, New York, NY, 10012. The property spans 6,050 square feet and was leased on 03/07/2019 in the New York market.

Summary of transation details:

  • Property Type: Condo
  • Transaction Amount: Not provided
  • Tenant: Poggenpohl
  • Landlord: Ascot Properties

The deal's key individuals included Margie Sarway and Michael Glanzberg from Sinvin Real Estate acting as the Landlord's representatives, with Margie Sarway also serving as the broker. The Tenant, Poggenpohl, leased the space from Landlord Ascot Properties.

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Players

Michael Glanzberg

Sinvin Real Estate

Broker

$25.8M

vol

8 deals

Broker
AP
Ascot PropertiesLandlord
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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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