Marc Shore borrows $10M from JPMorgan Chase for multifamily property in Soho

Marc S. Shore through the entity Charles Thompson, LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank, N.A. valued at $10 million for 2 parcels, including the tax class multifamily, more than six families with stores (C7) and containing 35 residential units at 80 Thompson Street, 72 Charles Street in Soho. The deal closed on June 3, 2020 and was recorded on June 9, 2020.

The average loan per unit is $285,714.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $22,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link