Robert F. Kennedy's Former Co-Op At 870 1st Avenue Sold For $1.99M
870 1st Avenue
$1,990,000
$995/SF
Building Size
2,000 SF
Asset Type
Co-Op
Closing
Aug 20, 2026
AI
870 1st Avenue, located in Manhattan, is a three-bedroom co-op that has been sold for $1,990,000. The property encompasses 2,000 square feet, resulting in a price per square foot of $995. This marks a significant transaction as this residence had not changed hands in over 50 years.
Summary of transaction details:
- Property Type: Co-Op
- Transaction Amount: $1,990,000
- Square Footage: 2,000
- Price Per Square Foot: $995
- Address: 870 1st Avenue
- Market: Manhattan
- Broker: Mary Barbrack - Compass
Mary Barbrack represented the transaction as the broker, facilitating the sale after a bidding war. Robert F. Kennedy’s former co-op at 860-870 United Nations Plaza is noted as the former residence involved in this transaction.
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
7.97%
Cash-on-Cash
-2.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93