facebook


Go ProSubmit a deal
Submit
Home

/

Deals

/

New York

/

Mixed Use

/

Loan

/

546 Broadway, Manhattan, Ne...

Updated Oct 13, 2026

Wells Fargo Provides $106.5M Loan For Mixed-Use Property In SoHo
FINANCEDMixed-use

Wells Fargo Provides $106.5M Loan For Mixed-Use Property In SoHo

546 Broadway, Manhattan, New York, NY, USA

$106,500,000

$1,109/SF

Building Size

96,000 SF

Asset Type

Mixed-use

Closing

Mar 19, 2021

About this deal

AI

Located at 546 Broadway in SoHo, this mixed-use property spans approximately 96,000 square feet. The transaction took place on March 20, 2021, and involved Charles W. Scharf, Isaac Chetrit, AB & Sons Group, and Uniqlo. The property was financed by Wells Fargo, which provided a loan amount of $106,500,000.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $106,500,000
  • Address: 546 Broadway
  • Market: SoHo
  • Landlord: AB & Sons Group
  • Tenant: Uniqlo

Charles W. Scharf, along with Isaac Chetrit, facilitated this transaction as the property's representatives. AB & Sons Group acted as the landlord, while Uniqlo occupied the space as the tenant. Wells Fargo served as the lender, providing the loan for this deal.

On the Map

Open live map

$106,500,000

$1,109/SF

Mixed-use

View full map

Players

AS
AB & SonsBuyer
U
UniqloBuyer
AS
AB & SonsLandlord
Bilt advertisement

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Deal FAQ

About $1.1K per square foot on a published $106.5M for 96,000 square feet (2021).

Browse New York mixed use loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.15%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets