Stephen Ross & Kara Ross Sell Columbus Circle Condo In Manhattan For $40M
25 Columbus Circle, New York City, New York 10023, United States
$40,000,000
Building Size
—
Asset Type
—
Closing
Oct 3, 2022
About this deal
AI
A luxury condo located at 25 Columbus Circle in Manhattan is currently under contract. The property, which is being sold by Stephen Ross and Kara Ross, is being represented by broker Adam Modlin of Modlin Group LLC. The condo is listed at a price of $40,000,000.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $40,000,000
- Address: 25 Columbus Circle
- Market: Manhattan
Adam Modlin of Modlin Group LLC is handling the sale of this luxury condo, ensuring a smooth transaction for both the buyer and seller involved.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93