Zeckendorf Development Sells Condo At 50 United Nations Plaza For $28.5M With Buyer's Rep Jessica Levine
SOLD
$28,500,000
California
See Similar DealsCondo9,700 SF
Sold 12/18/2025
SOLD
Zeckendorf Development Sells Condo At 50 United Nations Plaza For $28.5M With Buyer's Rep Jessica Levine
50 United Nations Plaza
See Similar DealsCondo9,700 SF
Sold 12/18/2025
Summary
CALIFORNIA
Asset Type:Condo
Price Per Square Foot:$2,938
Total Square Footage:9,700 SF
Transaction Type:Sale
This transaction involves a condo located at 50 United Nations Plaza - PH42 in Manhattan. The property was sold for $28,500,000, encompassing a total square footage of 9,700, translating to a price per square foot of $2,938.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $28,500,000
- Square Footage: 9,700
- Price per Square Foot: $2,938
- Seller: Zeckendorf Development
- Buyer's Representative: Jessica Levine - Douglas Elliman
Jessica Levine represented the buyer in this transaction, facilitating the deal on behalf of the purchaser while aligning with the interests of Zeckendorf Development, the seller of the condo.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,519,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$101,254.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$135,104.54
Annual Debt Service$1,621,254.48
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