Victor Sigoura Of Legion Investment Group Refinances Office At 5 West 13th Street For $50M
5 West 13th Street
$50,000,000
$454/SF
Building Size
110,000 SF
Asset Type
Office
Closing
Jun 17, 2025
AI
An office building located at 5 West 13th Street in Greenwich Village, Manhattan, has a square footage of 110,000. The property recently underwent refinancing with a loan amount of $50,000,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $50,000,000
- Lender: Tom Rosenfeld - CanAm Enterprises
- Landlord: Victor Sigoura - Legion Investment Group
- Previous Lender: Maxim Capital Group
- Loan Type: Refinance
Victor Sigoura represents Legion Investment Group, while Tom Rosenfeld represents CanAm Enterprises in this refinancing deal, replacing prior debt with Maxim Capital Group.
Players
New York Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93