Samuel Ben-Avraham's Soho Penthouse Sold For $35.8M With Brokers Hannah Bomze & Louis Buckworth
SOLD
New York
See Similar DealsOther6,800 SF
Sold 04/22/2022
SOLD
Samuel Ben-Avraham's Soho Penthouse Sold For $35.8M With Brokers Hannah Bomze & Louis Buckworth
20 Greene Street, New York City, New York 10013, United States
See Similar DealsOther6,800 SF
Sold 04/22/2022
Summary
NEW YORK
Asset Type:Other
Price Per Square Foot:$5,264
Total Square Footage:6,800 SF
Transaction Type:Sale
A penthouse located at 20 Greene Street in Soho has been sold for $35,800,000. The property offers 6,800 square feet of space, resulting in a price per square foot of $5,300. The sale transaction took place on April 22, 2022.
Summary of transaction details:
- Property Type: Penthouse
- Transaction Amount: $35,800,000
- Address: 20 Greene Street
- Market: Soho
- Seller: Samuel Ben-Avraham
- Brokers: Hannah Bomze & Louis Buckworth - Casa Blanca
Hannah Bomze and Louis Buckworth from Casa Blanca represented the seller, Samuel Ben-Avraham, in this transaction. The deal showcases their expertise in the Soho market and their ability to facilitate high-value sales.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,909,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$127,189.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$169,710.26
Annual Debt Service$2,036,523.17
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