Scott Rechler Of RXR Realty Refinances Condo At 530 5th Avenue For $110.1M
530 5th Avenue
$110,100,000
Building Size
—
Asset Type
Condo
Closing
Aug 19, 2026
About this deal
AI
The property asset involved in this transaction is a condo located at 530 5th Avenue in Midtown West, Manhattan, with an approximate size of 386,839 square feet. RXR Realty has engaged in a refinance transaction involving a loan amount of $110.1 million. The transaction was facilitated by the Macquarie Group as the lender.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $110,100,000
- Lender: Macquarie Group
- Landlord: Scott Rechler - RXR Realty
- Market: Midtown West, Manhattan
The key individuals in this deal include Scott Rechler, who represents RXR Realty in this refinance transaction. The Macquarie Group is noted as the lending institution for this deal.
On the Map
$110,100,000
Condo
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Players
Avenue Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93