Goldman Sachs Loans $45M For 141,759 SF Office In Central Harlem With BLDG Management As Landlord
105 West 125th Street, Manhattan, New York, NY, USA
$45,000,000
$317/SF
Building Size
141,759 SF
Asset Type
Office
Closing
May 17, 2021
About this deal
AI
The property involved in this transaction is an office space located at 105 West 125th Street in Central Harlem. The property spans approximately 141,759 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $45,000,000
- Date: 05/18/2021
- Lender: Goldman Sachs
- Landlord: BLDG Management - Lloyd Goldman
This deal was made possible through a loan provided by Goldman Sachs. The landlord for the property is BLDG Management, represented by Lloyd Goldman.
The office loan at 105 West 125th Street, Manhattan, New York, NY, USA in New York, New York financed for $45M in 2021. The building is 141,759 square feet, implying about 317 per square foot on the published price. Named participants on the 105 West 125th Street, Manhattan, New York, NY, USA loan are Lloyd Goldman. This page is the New York, New York file for the 105 West 125th Street, Manhattan, New York, NY, USA office financed: pricing, party profiles, and other closed office comps from the same New York sit in the Market section below. Filter that New York office set by closing date to see what else financed near 105 West 125th Street, Manhattan, New York, NY, USA around 2021. Published consideration for 105 West 125th Street, Manhattan, New York, NY, USA is $45M, dated 2021. Cite this Goldman Sachs Loans $45M For 141,759 SF Office In Central Harlem With BLDG Management As Landlord loan when underwriting similar office product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93