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

/

888 Park Avenue

Grant S. Johnson Purchases 888 Park Avenue Co-Op From Daniel And Joyce Straus For $12.3M
SOLDCo-Op

Grant S. Johnson Purchases 888 Park Avenue Co-Op From Daniel And Joyce Straus For $12.3M

888 Park Avenue

$12,300,000

$3,236/SF

Building Size

3,800 SF

Asset Type

Co-Op

Closing

Dec 18, 2025

AI

A 3,800-square-foot co-op located at 888 Park Avenue in the Upper East Side has been sold for $12,300,000. The property is classified as a co-op and falls within the affluent market of Upper East Side. The sale price indicates a price per square foot of $3,237.

Summary of transaction details:

  • Property Type: Co-Op
  • Transaction Amount: $12,300,000
  • Sale Date: 12/18/2025
  • Buyer: Grant S. Johnson
  • Seller: Daniel Straus & Joyce Straus
  • Broker: Adam Modlin & Andrew Nierenberg - Modlin Group
  • Square Footage: 3,800
  • Price per Square Foot: $3,237

Grant S. Johnson, a principal at Rudin Ventures and the grandson of developer Jack Rudin, purchased the property from sellers Daniel and Joyce Straus, who originally acquired it for $5,400,000 in 2009. This transaction reflects a significant increase in value over the years.

Players

Adam Modlin

Modlin Group

Broker

$1B

vol

30 deals

Broker

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

1.29%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93