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5 West 13th Street

Victor Sigoura Of Legion Investment Group Refinances Office At 5 West 13th Street For $50M
FINANCEDOffice

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

Victor Sigoura

Broker

$793.9M

vol

7 deals

Broker
Tom Rosenfeld

Tom Rosenfeld

CanAm Capital

Lender

$50M

vol

1 deal

Lender
CanAm Enterprises
CanAm EnterprisesLender

Victor Sigoura

Legion Investment Group

Landlord

$793.9M

vol

7 deals

Landlord

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