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Tal Alexander & Oren Alexander Acquire $34.5M Condo On 520 Park Avenue

Property Image
SOLD
$34,500,000

New Jersey

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4,628 SF
Sold 05/03/22
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Property Image
SOLD

Tal Alexander & Oren Alexander Acquire $34.5M Condo On 520 Park Avenue

520 Park Avenue, Hoboken, New Jersey 07030, United States

See Similar Deals
4,628 SF
Sold 05/03/22
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Summary

NEW JERSEY
Price Per Square Foot:$7,454
Total Square Footage:4,628 SF
Transaction Type:Sale

Located at 520 Park Avenue in Manhattan, this luxurious condo was recently sold in a closed transaction. The property spans 4,628 square feet and was sold for a staggering price of $34,500,000, resulting in a price per square foot of $7,454. Situated in a highly coveted location, the condo offers a sophisticated and high-end living experience.

Summary of transaction details

  • Property Type: Condo
  • Sale Price: $34,500,000
  • Square Footage: 4,628
  • Price per Square Foot: $7,454
  • Address: 520 Park Avenue, Manhattan

Represented by Tal Alexander, Oren Alexander, and Jared Schwadron from Douglas Elliman, the buyers successfully closed the deal. Their expertise and negotiation skills played a crucial role in securing this remarkable property. With their assistance, the buyers were able to acquire a prestigious condo in one of Manhattan's most sought-after locations.

Players

Oren Alexander
106 deals$2B volume(305) 610-4559
BROKER

Tal Alexander
Official
83 deals$1.8B volume(212) 951-0071
BROKER

Jared Schwadron
Douglas Elliman
6 deals$91.6M volume
BROKER

Details

SOLD
IMAGE: Oren Alexander, Tal Alexander & Jared Schwadron DATE: 05/04/22 ADDRESS: 520 Park Avenue, MARKET: Manhattan ASSET TYPE: Condo BUYER’S REP: Tal Alexander (@TalAlexander), Oren Alexander (@OrenAlexander) & Jared Schwadron (@JaredSchwadron) - Douglas Elliman (@DouglasElliman) SALE PRICE: $34,500,000 SF: 4,628 ~ PPSF: $7,454

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$122,571.21
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