Jeff Bezos Acquires Residential Condo On 212 Fifth Avenue For $16M
212 5th Ave, New York, Ny 10010, Usa
$16,000,000
$96/SF
Building Size
165,401 SF
Asset Type
Condo
Closing
Apr 5, 2019
About this deal
AI
Jeff Bezos has purchased a residential condo located at 212 Fifth Avenue in Madison Square Park. The property was sold by Madison Equities & Thor Equities. The transaction, facilitated by brokers John Burger of Brown Harris Stevens and Nikki Field of Sotheby’s, was completed for a price of $16,000,000.
Summary of transaction details
- Property Type: Residential condo
- Transaction Amount: $16,000,000
- Address: 212 Fifth Avenue
- Market: Madison Square Park
The deal was brokered by John Burger of Brown Harris Stevens and Nikki Field of Sotheby’s. They represented the respective parties in the transaction.
On the Map
$16,000,000
$96/SF
Condo
View full map
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
About $96 per square foot on a published $16M for 165,401 square feet (2019).
Visit Nikki Field to view all their deals.
Browse Colorado condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93