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432 Park Avenue, 432 Park A...

Marina Bernshtein Of Brown Harris Stevens Sells Condo At 432 Park Avenue, New York City For $4.5M
SOLD

Marina Bernshtein Of Brown Harris Stevens Sells Condo At 432 Park Avenue, New York City For $4.5M

432 Park Avenue, 432 Park Ave, New York City, New York 10022, United States

$4,500,000

$3,164/SF

Building Size

1,422 SF

Asset Type

Closing

Dec 19, 2021

AI

Located in New York City, the property at 432 Park Avenue has been sold in a recent transaction. The condo, with a size of 1,422 square feet, was sold for a price of $4,500,000. This translates to a price per square foot of $3,164. The sale was facilitated by Marina Bernshtein from Brown Harris Stevens.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $4,500,000
  • Size: 1,422 square feet
  • Price per Square Foot: $3,164
  • Address: 432 Park Avenue, New York City

Marina Bernshtein, from Brown Harris Stevens, played a key role in representing the parties involved in the transaction. As the broker for the sale, Bernshtein ensured a successful deal for all parties.

Players

Marina Bernshtein

Brown Harris Stevens

Broker

$64.5M

vol

6 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

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93