Stephanie Flowers Purchases Co-Op At 983 Park Avenue From Vincent Giovanni For $4.9M

The property asset involved in this transaction is a co-op located at 983 Park Avenue in the Upper East Side market. The asking price for the property was $5,200,000, and it ultimately sold for $4,900,000. The total square footage of the asset is 3,200 square feet, resulting in a price per square foot of $1,531.

Summary of transaction details:

• Property Type: Co-Op
• Transaction Amount: $4,900,000
• Asking Price: $5,200,000
• Square Footage: 3,200
• Price per Square Foot: $1,531
• Buyer: Stephanie Flowers
• Seller: Vincent Giovanni
• Buyer's Representatives: David Hakim, Alexander Boriskin & Michael Lorber - Douglas Elliman

This transaction highlights the negotiation represented by David Hakim, Alexander Boriskin, and Michael Lorber. They acted on behalf of the buyer, Stephanie Flowers, guiding her through the purchasing process of this co-op in a desirable neighborhood.