Jake Weiser & Elisha Goldstein Acquire Condo On Madison Ave For $1.75M
76 Madison Avenue, New York, NY 10016, USA
$1,750,000
$1,332/SF
Building Size
1,313 SF
Asset Type
—
Closing
Aug 27, 2021
AI
A condominium located at 76 Madison Avenue in NoMad has been sold in a recent transaction. The property, spanning 1,313 square feet, was sold for $1,750,000, resulting in a price per square foot of $1,332. The sale took place on August 27, 2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,750,000
- Address: 76 Madison Avenue, NoMad
The buyers in this transaction are Jake Weiser and Elisha Goldstein. Lindsay Druker served as the seller of the condominium. Ryan Serhant, Amy Herman, and Jordan Hurt from SERHANT represented the seller in the deal. On the buyers' side, Neil Zaken from BondNewYorkRealEstate acted as their representative.
It is worth noting that the Zaken Team, a full-service team specializing in sales and rentals, was involved in this transaction. They currently represent more landlords and owners than any other team in Manhattan, Brooklyn, and Queens. For more information or assistance in finding the best deal, interested parties can contact Neil Zaken via direct message on Instagram (DM @Neilzaken).
Players
New York CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93