RFR Holding Acquires Mixed-Use Property In SoHo For $31.5M
102 Greene Street, New York City, New York 10012, United States
$31,500,000
$3,373/SF
Building Size
9,339 SF
Asset Type
Mixed-use
Closing
Oct 19, 2022
About this deal
AI
A mixed-use property located at 102 Greene Street in the SoHo neighborhood of Manhattan has been sold for a total price of $31,500,000. The property spans a total of 9,339 square feet, with a price per square foot of $3,373. The buyer in this transaction is RFR Holding, represented by Richard Froom. The seller is TA Realty, with Scott L. Dalrymple and SL Green Realty also involved.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $31,500,000
- Address: 102 Greene Street, SoHo, Manhattan
- Square Footage: 9,339
- Price per Square Foot: $3,373
- Buyer: RFR Holding - Richard Froom
- Seller: TA Realty - Scott L. Dalrymple & SL Green Realty
During this transaction, RFR Holding, led by Richard Froom, acquired the mixed-use property located at 102 Greene Street in Manhattan's lively SoHo neighborhood. The property, spanning 9,339 square feet, was sold by TA Realty, with Scott L. Dalrymple and SL Green Realty also involved in the deal.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93