Nathan Berman And Idan Ofer Of Metro Loft Management Acquire Office Asset In Manhattan For $105M
101 Greenwich Street
$105,000,000
$262/SF
Building Size
400,000 SF
Asset Type
Office
Closing
Jan 19, 2026
AI
The transaction involves an office asset located at 101 Greenwich Street in Manhattan. It was sold for a total price of $105,000,000, encompassing a square footage of 400,000 which translates to a price per square foot of $262.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $105,000,000
- Square Footage: 400,000
- Price per Square Foot: $262
- Buyer: Nathan Berman - Metro Loft Management, Idan Ofer & Quantum Pacific
- Seller: BentallGreenOak
- Brokers: Daniel Shirazi & Robert Khodadadian - Skyline Properties
The deal featured key involvement from Nathan Berman, who is associated with Metro Loft Management, alongside Idan Ofer and Quantum Pacific as the purchasing entities. BentallGreenOak acted as the seller, with representation from brokers Daniel Shirazi and Robert Khodadadian from Skyline Properties facilitating 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
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93