Thor Equities Acquires 31 Greene St, NY Office Space From Steven Gold For $5.2M
31 Greene St, New York, NY, 10013
$5,200,000
Building Size
—
Asset Type
Office
Closing
Sep 22, 2015
AI
The ground-floor retail space located at 31 Greene St in SoHo, New York was sold for $5.2 million. The buyer, Thor Equities, acquired the property from the seller, Steven Gold. The transaction took place on September 22, 2015, with Robin Zendell from RZRA Co representing Thor Equities and Steven Gold representing himself.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $5,200,000.00
- Address: 31 Greene St, New York, NY, 10013
- Market: New York
- Buyer: Thor Equities
- Seller: Steven Gold
RZRA Co.’s Robin Zendell played a crucial role in the deal, representing Thor Equities in the purchase of the retail space. The involvement of key individuals like Robin Zendell and Steven Gold showcases the collaborative efforts that led to the successful completion of the transaction.
Players
New York Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93