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Ravinder Chopra Acquires Mixed-use Property From King's College For $15.25M In Financial District

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SOLD
$15,250,000

New York

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Mixed-use21,490 SF
Sold 07/15/2024
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Property Image
SOLD

Ravinder Chopra Acquires Mixed-use Property From King's College For $15.25M In Financial District

102 Greenwich Street

See Similar Deals
Mixed-use21,490 SF
Sold 07/15/2024
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$709
Total Square Footage:21,490 SF
Transaction Type:Sale

The property involved in the transaction is a mixed-use asset located at 102 Greenwich Street in the Financial District. The sale price of the property was $15,250,000, with a total square footage of 21,490. The price per square foot is $710, and the price per key is $423.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $15,250,000
  • Address: 102 Greenwich Street
  • Market: Financial District
  • Square Footage: 21,490
  • Price per Square Foot: $710
  • Price per Key: $423
  • Buyer: Ravinder Chopra
  • Seller: King's College
  • Brokers: Noah Kossoff, Brandon Polakoff & Frederick Richter - Avison Young

The key individuals involved in the transaction include buyer Ravinder Chopra and seller King's College. The transaction was facilitated by brokers Noah Kossoff, Brandon Polakoff, and Frederick Richter from Avison Young, who played a significant role in bringing the parties together for this deal.

Players

Noah Kossoff
35 deals$385.1M volume(917) 880-1475
BROKER

Brandon Polakoff
Avison Young
124 deals$1.8B volume
BROKER

Frederick (Fritz) Richter
Avison Young
34 deals$506.5M volume
BROKER

Details

SOLD
IMAGE: Noah Kossoff, Brandon Polakoff & Frederick Richter DATE: 07/15/2024 ADDRESS: 102 Greenwich Street MARKET: Financial District ASSET TYPE: Mixed-use BUYER: Ravinder Chopra SELLER: King's College BROKERS: Noah Kossoff (@Noah_Kossoff), Brandon Polakoff (@BfPolly) & Frederick Richter (@FritzRic) - Avison Young (@Avison_Young_Global) SALE PRICE: $15,250,000 SF: 21,490 ~ PPSF: $710 PPK: $423

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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