Andrew Luftig Acquires Residential Apt At 900 Fifth Avenue In Lenox Hill For $3.35M
900 5th Avenue, New York City, New York 10021, United States
$3,350,000
$1,675/SF
Building Size
2,000 SF
Asset Type
Co-Op
Closing
May 1, 2022
AI
An apartment at 900 Fifth Avenue in Lenox Hill has been sold for a price of $3,350,000. Spanning across 2,000 square feet, the residential unit was purchased by Andrew Luftig. The transaction took place on May 2, 2022, with Jamie Heiberger as the seller. The seller's representatives in this deal were Alexander Boriskin, Michael Lorber, and Adam Hofer from Douglas Elliman.
Summary of transation details
- Property Type: Residential Apt
- Transaction Amount: $3,350,000
- Address: 900 Fifth Avenue, Lenox Hill
- Buyer: Andrew Luftig
- Seller: Jamie Heiberger
- Seller's Rep: Alexander Boriskin, Michael Lorber, and Adam Hofer - Douglas Elliman
- Square Footage: 2,000
- Price per Square Foot: $1,675
The sale of the apartment at 900 Fifth Avenue involved Andrew Luftig as the buyer and Jamie Heiberger as the seller. The seller was represented by Alexander Boriskin, Michael Lorber, and Adam Hofer from Douglas Elliman.
Players
New York 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
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93