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725 5th Avenue, New York Ci...

Cristiano Ronaldo Sells Midtown Condo On 5th Avenue For $7.18M
SOLD

Cristiano Ronaldo Sells Midtown Condo On 5th Avenue For $7.18M

725 5th Avenue, New York City, New York 10022, United States

$7,180,000

$6,748/SF

Building Size

1,064 SF

Asset Type

Closing

Feb 10, 2022

AI

A luxury condo located at 725 5th Avenue in Midtown has been sold by famous footballer Cristiano Ronaldo. The property, which is a part of the condo market, was sold for a price of $7,180,000 on 02/11/2022. This upscale condo offers a prime location in Midtown and is a highly sought-after asset in the real estate market.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $7,180,000

Cristiano Ronaldo, a renowned professional footballer, was the seller of this luxury condo. Known for his exceptional skills on the field, Ronaldo now adds successful real estate transactions to his list of achievements. The deal was facilitated through the representation of 's REP.

Players

Nitza Shafrir Zinbarg

Broker

$8.8M

vol

2 deals

Broker

Cristiano Ronaldo

Seller

$13.2M

vol

3 deals

Seller

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

2.21%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93