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Signature Bank Provides $7.3M Loan For Retail Property At 184 Thompson Street In Greenwich Village

Property Image
FINANCED
$7,300,000
Michael Gigliotti
Brian Buglione
+ 1

New York

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Retail98,134 SF
Financed 03/08/2021
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Property Image
FINANCED

Signature Bank Provides $7.3M Loan For Retail Property At 184 Thompson Street In Greenwich Village

184 Thompson Street, Manhattan, New York, NY, USA

See Similar Deals
Retail98,134 SF
Financed 03/08/2021
Michael Gigliotti
Brian Buglione
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$74
Total Square Footage:98,134 SF
Transaction Type:Loan

184 Thompson Street, located in Greenwich Village, has been involved in a recent loan transaction. The retail property secured a loan amount of $7,300,000. The deal took place on March 8, 2021.

Summary of transaction details

The loan was provided by Joseph Fingerman, representing Signature Bank. Ray Chalme, from Broad Street Development, acted as the landlord in this transaction. Michael Gigliotti, Brian Buglione, and Solomon Michailow, all from JLL, served as brokers.

Players

Brian Buglione
5 deals$114.6M volume(212) 812-5795
BROKER

Michael Gigliotti
JLL
19 deals$3.7B volume
BROKER

Solomon Michailow
S2 Property Group
13 deals$198.9M volume
BROKER

Signature Bank
LENDER

Ray Chalme
Broad Street Development
4 deals$290.8M volume
LANDLORD

Details

FINANCED
IMAGE: Brian Buglione, Joseph Fingerman, @SolomonMichailow, Raymond Chalme & Michael Gigliotti DATE: 03/08/2021 ADDRESS: 184 Thompson Street MARKET: Greenwich Village ASSET TYPE: Retail LENDER: Signature Bank - Joseph Fingerman LANDLORD: Broad Street Development- Ray Chalme BROKERS: Michael Gigliotti, Brian Buglione & @SolomonMichailow @JLL LOAN AMOUNT: $7,300,000

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,300,000.00

Monthly NOI$48,666.67
Monthly Debt Service$46,140.97
Change in Cash Flow$0.00
Refinance Proceeds$0.00