RFR Realty Sells Retail Property At 102 Greene Street In SoHo For $46M
102 Greene Street
$46,000,000
$4,927/SF
Building Size
9,336 SF
Asset Type
Retail
Closing
Nov 8, 2024
AI
A retail property located at 102 Greene Street in the SoHo market has been sold. The property spans a total area of 9,336 square feet and was sold for $46,000,000, with a price per square foot of $4,927.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $46,000,000
- Address: 102 Greene Street
- Market: SoHo
- Square Footage: 9,336
- Price per Square Foot: $4,927
- Seller: RFR Realty
- Broker: Michael Hunter Coghill - Adirondack Capital Partners
The transaction involved RFR Realty as the seller, with Michael Hunter Coghill from Adirondack Capital Partners representing the deal. The successful brokerage facilitated the transaction within the competitive retail market of SoHo.
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93