Assouline Team Sells Upper East Side Co-op For $10.995M With Compass As Seller's Rep
1035 5th Avenue
$10,995,000
Building Size
—
Asset Type
Co-Op
Closing
Jul 29, 2022
About this deal
AI
The co-op located at 1035 5th Ave., Upper East Side, has been sold for a transaction price of $10,995,000. The property was represented by Ruthie Assouline and Ethan Assouline from Compass.
Summary of transation details
- Property Type: Co-op
- Transaction Amount: $10,995,000
- Seller's Representative: Ruthie Assouline & Ethan Assouline - Compass
The sale of the property was successfully executed by Ruthie Assouline and Ethan Assouline from Compass, who also assisted the sellers in securing their new home in Miami. The entire process, including the sale of the New York apartment and the acquisition of the new property in Miami, was efficiently carried out within a span of 30 days.
Players
Quezon City Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93