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184 Thompson Street, Manhat...

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

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

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

$7,300,000

$74/SF

Building Size

98,134 SF

Asset Type

Retail

Closing

Mar 7, 2021

AI

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

JLL

Broker

$114.6M

vol

5 deals

Broker
Signature Bank
Signature BankLender
Ray Chalme

Ray Chalme

Broad Street Development

Landlord

$290.8M

vol

4 deals

Landlord

New York Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.17%

Cash-on-Cash

-0.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93