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Estate Of Emily Fisher Landau Sells 720 Park Avenue Co-Op To Hayden Slater For $13.3M
SOLD
$13,300,000
New York
See Similar DealsCo-Op
Sold 10/24/2025
SOLD
Estate Of Emily Fisher Landau Sells 720 Park Avenue Co-Op To Hayden Slater For $13.3M
720 Park Avenue
See Similar DealsCo-Op
Sold 10/24/2025
Summary
NEW YORK
Asset Type:Co-Op
Transaction Type:Sale
The co-op located at 720 Park Avenue in the Lenox Hill market has been sold for $13.3 million. This residence features 11 rooms and includes a 700-square-foot terrace along with a private elevator landing. The property was initially listed in 2023 for $18 million.
Summary of transaction details:
- Property Type: Co-Op
- Transaction Amount: $13,300,000
- Address: 720 Park Avenue
- Market: Lenox Hill
- Estate Seller: Emily Fisher Landau
- Buyer: Hayden Slater
- Brokers: John Burger & Caroline Berthet - Brown Harris Stevens
This transaction was orchestrated by the estate of Emily Fisher Landau, with Hayden Slater, a co-founder of Pressed Juicery, acquiring the property. John Burger and Caroline Berthet from Brown Harris Stevens represented the sellers in this deal.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$709,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$47,252.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,048.79
Annual Debt Service$756,585.42
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