Victor Sigoura Of Legion Investment Group Purchases Mixed-Use Properties From Jane Goldman For $8.97M
206 East 85th Street & 1505 3rd Avenue
$8,970,000
Units
14
Asset Type
Mixed-use
Closing
Sep 24, 2026
About this deal
AI
A mixed-use and multifamily property transaction occurred at 206 East 85th Street and 1505 Third Avenue in Manhattan. The total sale price was $8,970,000 for 26,957 square feet, resulting in a price per square foot of $333. The property consists of 14 units with a price per unit of $640,714.
Summary of transaction details:
- Property Type: Mixed-use & Multifamily
- Transaction Amount: $8,970,000
- Buyer: Victor Sigoura - Legion Investment Group
- Seller: Jane Goldman - Solil Management
- Total Square Footage: 26,957
- Price per Square Foot: $333
- Number of Units: 14
- Price per Unit: $640,714
The buying entity, Legion Investment Group, represented by Victor Sigoura, acquired the development rights tied to the aforementioned properties from the selling entity, Solil Management, represented by Jane Goldman. The transaction highlights the strategic acquisition of excess and bonus floor area across both locations.
On the Map
$8,970,000
Mixed-use
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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
1.77%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93