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31 Greene St, New York, NY,...

Thor Equities Acquires 31 Greene St, NY Office Space From Steven Gold For $5.2M
SOLDOffice

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

Robin Zendell

Broker

$5.2M

vol

5 deals

Broker
Thor Equities
Thor EquitiesBuyer

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