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830 Park Avenue

Davidson Goldin And Elizabeth Goldin Purchase Co-Op From Brian Kelly And Robin Foley Kelly For $8M
Co-Op

Davidson Goldin And Elizabeth Goldin Purchase Co-Op From Brian Kelly And Robin Foley Kelly For $8M

830 Park Avenue

Building Size

Asset Type

Co-Op

Closing

May 22, 2025

AI

A four-bedroom co-op located at 830 Park Avenue in the Lenox Hill market has been sold for $8 million. This co-op is part of a prestigious market and represents a significant transaction within the area.

Summary of transaction details:

  • Property Type: Co-Op
  • Transaction Amount: $8,000,000
  • Buyer: Davidson Goldin & Elizabeth Goldin
  • Seller: Brian Kelly & Robin Foley Kelly
  • Brokers: Alexis Bodenheimer & Cathy Franklin - The Corcoran Group
  • Date of Transaction: 05/22/2025

PR executive Davidson Goldin and his wife, Elizabeth, are the new owners of the co-op. The transaction was facilitated by brokers Alexis Bodenheimer and Cathy Franklin from The Corcoran Group, representing the parties involved in the deal.

Players

Cathy Franklin

The Corcoran Group

Broker

$229.1M

vol

6 deals

Broker

New York Co-Op Market Snapshot

Boundary boundary · Co-Op · All transaction types transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93