Sarah Fiszel Acquires Condo In Upper East Side For $13M With Naftali Group
1045 Madison Avenue, New York City, New York 10075, United States
$12,800,000
$186/SF
Building Size
68,765 SF
Asset Type
—
Closing
Jan 25, 2022
About this deal
AI
A luxury condominium in the Upper East Side of Manhattan has recently been sold for a staggering price of $13,000,000. The property, located at 1045 Madison Avenue, offers a spacious living space of 4,754 square feet. The sale price translates to an impressive price per square foot of $2,734. It is worth mentioning that the transaction took place on 3rd January 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $13,000,000
- Address: 1045 Madison Avenue
- Market: Upper East Side
The buyer of this prestigious condominium is Sarah Fiszel, while the Naftali Group acted as the seller in the deal. Sarah Fiszel had the privilege of acquiring this remarkable asset from the renowned Naftali Group. This transaction serves as a testament to the desirability of properties in the Upper East Side market, showcasing the investment potential and allure of luxury condominiums in this prestigious area of Manhattan.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $186 per square foot on a published $12.8M for 68,765 square feet (2022).
Browse New York sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.24%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93