Compass Represents Sale Of Condo At 845 UN Plaza, Turtle Bay For $5.2M
845 United Nations Plaza, Manhattan, New York, NY, USA
$5,175,000
$1,477/SF
Building Size
3,502 SF
Asset Type
—
Closing
Aug 5, 2021
AI
Located at 845 UN Plaza in Turtle Bay, this condo property recently sold for a price of $5,175,000. Spanning across 3,502 square feet, this spacious unit offers a price per square foot of $1,478. The property is characterized by its prime location in Turtle Bay and its sizeable square footage. The sale price of $5,175,000 indicates a strong value for this luxury condo.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,175,000
- Address: 845 UN Plaza, Turtle Bay
- Square Footage: 3,502
- Price Per Square Foot: $1,478
In this transaction, the buyer was represented by Penny Toepfer from Compass. Penny Toepfer excelled in their role as the buyer's representative, ensuring a smooth and successful deal for their client. On the other side, the seller was represented by Michelle Griffith, also from Compass. Michelle Griffith's expertise and negotiation skills were instrumental in facilitating the sale of this condo property. Both Penny Toepfer and Michelle Griffith contributed significantly to the overall success of this transaction.
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
3.07%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93