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83 Thompson Street

Updated Oct 12, 2026

SOLDMedical Office

Bared Monkey Acquires Community Facility At 83 Thompson Street In Manhattan For $798,500

83 Thompson Street

Building Size

850 SF

Asset Type

Medical Office

Closing

Sep 22, 2026

About this deal

AI

The property asset involved in the transaction is located at 83 Thompson Street in Manhattan. This community facility spans 850 square feet and was sold at a price per square foot of $941.

Summary of transaction details:

  • Property Type: Community Facility
  • Transaction Amount: $798,500
  • Buyer: Bared Monkey
  • Seller: SK Development & CB Developers
  • Broker: Adam Schwall - ERPM Company

Adam Schwall represented the broker in this deal, facilitating the transaction between the buyer and the sellers, SK Development and CB Developers.

On the Map

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Medical Office

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Players

Adam Schwall

ERPM Company

Broker
Broker
BM
Bared MonkeyBuyer
CD
CB DevelopersSeller
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New York Medical Office Market Snapshot

Boundary boundary · Medical Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

19.83%

Cash-on-Cash

-5.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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