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845 United Nations Plaza, M...

Compass Represents Sale Of Condo At 845 UN Plaza, Turtle Bay For $5.2M
SOLD

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.

Players

Michelle Griffith

Broker

$14.8M

vol

3 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

3.07%

Cash-on-Cash

-0.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93