Pinkstone Capital Sells Financial District Office Building For $9.5M - Victor Sozio, Shimon Shkury, Howard Raber & James Nestor Represented The Seller
105 Washington St, Manhattan, New York, NY, USA
$9,500,000
$412/SF
Building Size
23,019 SF
Asset Type
Office
Closing
Mar 24, 2021
About this deal
AI
A 23,019 square foot office property located at 105 Washington St. in the Financial District was recently sold for $9,500,000. The property, listed by Pinkstone Capital, was sold on March 25, 2021. The price per square foot for the transaction was $430.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $9,500,000
Victor Sozio, Shimon Shkury, Howard Raber, and James Nestor from ArielPA.NYC represented the seller, Pinkstone Capital, in the deal.
The office sale at 105 Washington St, Manhattan, New York, NY, USA in New York, New York sold for $9.5M in 2021. The building is 23,019 square feet, implying about 412 per square foot on the published price. James Nestor, Victor Sozio, Shimon Shkury, Howard Raber appear on the sale alongside Ariel Property Advisors. This page is the New York, New York file for the 105 Washington St, Manhattan, New York, NY, USA office sold: 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 sold near 105 Washington St, Manhattan, New York, NY, USA around 2021. Published consideration for 105 Washington St, Manhattan, New York, NY, USA is $9.5M, dated 2021. Cite this Pinkstone Capital Sells Financial District Office Building For $9.5M - Victor Sozio, Shimon Shkury, Howard Raber & James Nestor Represented The Seller sale when underwriting similar office product around New York, New York.
On the Map
$9,500,000
$412/SF
Office
View full map
Players
New York Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit James Nestor to view all their deals.
Browse New York office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93