Megan Madden Acquires $32M Condo At 220 Central Park South, Manhattan
220 Central Park South, New York City, New York 10019, United States
$32,000,000
Building Size
—
Asset Type
—
Closing
Dec 28, 2021
About this deal
AI
220 Central Park South in Central Park South, Manhattan, has been sold in a recent transaction. The condo property is zoned as C5-1 and R10H. The sale took place on December 29, 2021, with a transaction amount of $32,000,000.00. The property falls under tax class 2 and has a last recorded sale price of $22,503,325 on February 25, 2019.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $32,000,000.00
- Address: 220 Central Park South, Central Park South, Manhattan
- Zoning: C5-1, R10H
- Tax Class: 2
- Last Sale Price: $22,503,325 (February 25, 2019)
Megan Madden served as the buyer in this sale, while Robert S Frankel acted as the seller.
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Robert Frankel to view all their deals.
Browse New York sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93