10 Greene Street
This is a straightforward luxury condo sale in SoHo, one of Manhattan's most established and liquid high-end residential submarkets, transacting at $2,443/SF which is broadly in line with comparable loft-style condo sales in the area. The deal closed cleanly with no reported distress, liens, litigation, or defaults, and the seller, Atit Javeri of Javeri Capital, has a small but credible track record in NYC real estate. The buyer, Maximiliano Gerardo Caceres, has limited public CRE history, introducing some counterparty opacity, though this is common in high-net-worth individual residential acquisitions. From a lending perspective, the asset quality and location are strong, though the absence of a disclosed loan amount and the buyer's thin track record temper the overall score slightly.
Deal Stats
Parties
Seller / Landlord
Atit Javeri is the principal of Javeri Capital, a real estate investment firm with a modest but active NYC transaction history totaling approximately $11.4M across 2 recorded deals; the firm appears focused on high-value Manhattan residential and mixed-use assets.
Buyer / Tenant
Maximiliano Gerardo Caceres appears to be a high-net-worth individual acquiring a luxury SoHo condo, likely as a primary residence or investment; limited public CRE transaction history is available, suggesting this may be among his first major NYC real estate acquisitions at this price point.
Score Analysis
What this score means
A Grade B score indicates this deal qualifies for financing at up to 70% LTV, subject to full underwriting. Most deals at this level proceed to a term sheet within 2 business days.
Why this score
Prime SoHo Location
10 Greene Street is in one of Manhattan's most established luxury residential submarkets with strong liquidity and consistent pricing.
Pricing Alignment
Transaction price of $2,443/SF aligns with comparable loft-style condo sales, indicating fair market value and no distress.
Buyer Opacity
Maximiliano Gerardo Caceres has limited public NYC CRE transaction history, creating counterparty risk and uncertainty around financing capacity.
Seller Credibility
Javeri Capital has demonstrated active NYC real estate experience across $11.4M in recorded transactions with no reported defaults or distress.
Undisclosed Financing
Absence of disclosed loan amount limits underwriting transparency and debt service assessment for lenders.
How to improve
The following actions could meaningfully improve this deal's Homage score. Each suggestion is based on the deal's profile, asset type, and current rating — addressing them before approaching a lender can increase approval likelihood and lower borrowing costs.
Obtain Buyer Financial Documentation
Secure bank statements, tax returns, or proof of funds to validate Caceres' acquisition capacity and financing structure.
Disclose Financing Terms
Provide loan amount, LTV, lender identity, and rate to establish debt service coverage and reduce information asymmetry.
Verify Unit-Level Asset Quality
Obtain appraisal, floor plans, and recent comparable sales for 10 Greene Street specifically to confirm unit-level value and condition.
