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Naftali Group Sells Condo On Madison Avenue For $68M With Rep Alexa Lambert - Compass

Property Image
SOLD
$68,000,000
Alexa Lambert
Miki Naftali

New York

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13,000 SF
Sold 03/31/2023
the dealplayerscompscontact
Property Image
SOLD

Naftali Group Sells Condo On Madison Avenue For $68M With Rep Alexa Lambert - Compass

1165 Madison Avenue

See Similar Deals
13,000 SF
Sold 03/31/2023
Alexa Lambert
Miki Naftali
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Price Per Square Foot:$5,230
Total Square Footage:13,000 SF
Transaction Type:Sale

A luxury condo located at 1165 Madison Avenue in New York has been sold for a staggering $68,000,000. Spanning over 13,000 square feet, this exquisite property offers an unparalleled elegance and sophistication. With a price per square foot of $5,231, it is truly a remarkable investment opportunity.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $68,000,000
  • Market: New York
  • Seller: Naftali Group
  • Seller's Representative: Miki Naftali
  • Broker: Alexa Lambert
  • Broker's Agency: Compass

The Naftali Group, led by Miki Naftali, acted as the seller in this noteworthy transaction. Serving as the broker for the deal, Alexa Lambert from Compass played an instrumental role in facilitating the sale. Their expertise and knowledge of the New York market were key factors in ensuring a successful outcome.

Players

Alexa Lambert
Compass
Alexa Lambert
10 deals$228.5M volume
BROKER
Miki Naftali
Naftali Group
Miki Naftali
28 deals$3.9B volume
SELLER

Details

SOLD
IMAGE: Miki Naftali & Alexa Lambert DATE: 03/31/2023 ADDRESS: 1165 Madison Avenue MARKET: New York ASSET TYPE: Condo SELLER: Naftali Group (@Naftali_Group) - Miki Naftali (@MikiNaftali) BROKER: Alexa Lambert (@AlexaPriscillaLambert) - Compass (@Compass) (@CompassNY) SALE PRICE: $68,000,000 SF: 13,000 ~ PPSF: $5,231

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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