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70 Greene Street

TZ Capital Secures $9.7M Acquisition Loan From J.P. Morgan Chase For SoHo Condo
FINANCEDCondo

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

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.

Players

J.P. Morgan Chase
J.P. Morgan ChaseLender
TZ Capital
TZ CapitalLandlord

New York Condo Market Snapshot

Boundary boundary · Condo · Loan transactions

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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