TZ Capital Secures $9.7M Acquisition Loan From J.P. Morgan Chase For SoHo Condo
70 Greene Street
$9,700,000
$2,918/SF
Building Size
3,324 SF
Asset Type
Condo
Closing
Mar 26, 2026
About this deal
AI
A retail condo located at 70 Greene Street in SoHo, Manhattan, has an asset type classified as a condo with a total square footage of 3,324. The acquisition loan for this property was secured for a total amount of $9,700,000.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $9,700,000
- Address: 70 Greene Street
- Market: SoHo, Manhattan
- Lender: J.P. Morgan Chase
- Landlord: Sam Zuckert - TZ Capital
- Loan Type: Acquisition
- Closing Date: March 26, 2026
In this transaction, TZ Capital’s Tz 70 Greene Street Owner LLC facilitated the acquisition loan with J.P. Morgan Chase, supporting their investment in this New York City property. The individuals involved include Jamie Dimon and Sam Zuckert, with Zuckert representing TZ Capital in securing the funding.
On the Map
$9,700,000
$2,918/SF
Condo
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93