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15 Central Park West, Manha...

Dr. Lindsay Rosenwald Sells Residential Condo In Lincoln Square, NYC For $46.67M
SOLD

Dr. Lindsay Rosenwald Sells Residential Condo In Lincoln Square, NYC For $46.67M

15 Central Park West, Manhattan, New York, NY, USA

$46,670,000

$7,907/SF

Building Size

5,902 SF

Asset Type

Closing

Apr 15, 2021

AI

15 Central Park West, located in Lincoln Square, has been sold in a residential condo transaction. The sale was finalized on April 16, 2021, and the property was listed by Brown Harris Stevens.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $46,670,000
  • Address: 15 Central Park West
  • Market: Lincoln Square

Dr. Lindsay Rosenwald, representing Fortress Biotech, was the seller in this deal. The buyer's representatives were Felise Gross, David Kornmeier, and Diane Abrams, from Brown Harris Stevens.

The property spans 5,902 square feet, and the sale price equated to $7,907 per square foot. This prestigious residential condo transaction attracted attention due to the notable price per square foot.

Players

Felise Gross

Brown Harris Stevens

Broker

$83.7M

vol

3 deals

Broker

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93