facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Co Op

/

Sale

/

854 5th Avenue

Successor States To The Former SFR Yugoslavia Sells SFR On 5th Avenue For $50M With Tristan Harper - Douglas Elliman
SOLDCo-Op

Successor States To The Former SFR Yugoslavia Sells SFR On 5th Avenue For $50M With Tristan Harper - Douglas Elliman

854 5th Avenue

$50,000,000

$2,500/SF

Building Size

20,000 SF

Asset Type

Co-Op

Closing

Oct 4, 2022

AI

The property involved in the transaction is a Single Family Residence (SFR) located at 854 5th Avenue in Manhattan, New York. The property spans 20,000 square feet and was sold for a record-breaking price of $50,000,000. This equates to a price per square foot (PPSF) of $2,500. The seller of the property is the Successor States to the Former SFR Yugoslavia, represented by Joan Greenberg. The transaction was facilitated by broker Tristan Harper of Douglas Elliman.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $50,000,000
  • Address: 854 5th Avenue, Manhattan, New York
  • Square Footage: 20,000
  • Price per Square Foot: $2,500
  • Seller: Successor States to the Former SFR Yugoslavia - Joan Greenberg
  • Broker: Tristan Harper - Douglas Elliman

This record-breaking sale on Fifth Avenue demonstrates the allure and desirability of the property. Tristan Harper of Douglas Elliman represented the Successor States to the Former SFR Yugoslavia in this historic transaction. It's a testament to the value and prestige associated with owning property on Fifth Avenue in Manhattan.

Players

Tristan Harper

Douglas Elliman

Broker

$123.1M

vol

4 deals

Broker

Joan Greenberg

Seller

$89.4M

vol

4 deals

Seller

New York Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93