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Nina & Cacau Corporation Acquires Condo On Upper East Side For $3.85M With Brokers Nile Lundgren & Samir Vogan And Stan Ponte

Property Image
SOLD
$3,850,000
Stan Ponte
Nile Lundgren
Samir Vogan

New York

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Condo1,830 SF
Sold 09/13/2025
the dealplayerscompscontact
Property Image
SOLD

Nina & Cacau Corporation Acquires Condo On Upper East Side For $3.85M With Brokers Nile Lundgren & Samir Vogan And Stan Ponte

1049 5th Avenue

See Similar Deals
Condo1,830 SF
Sold 09/13/2025
Stan Ponte
Nile Lundgren
Samir Vogan
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,103
Total Square Footage:1,830 SF
Transaction Type:Sale

The condo located at 1049 5th Avenue in the Upper East Side is a recently sold property with a sale price of $3,850,000. The asset measures 1,830 square feet, resulting in a price per square foot of $2,103.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $3,850,000
  • Buyer: Nina & Cacau Corporation
  • Seller: The Roy Joseph Salame Revocable Trust
  • Buyer's Representative: Nile Lundgren & Samir Vogan - Serhant
  • Seller's Representative: Stan Ponte - Sotheby's International Realty

The transaction highlights key representatives in the deal, with Nile Lundgren and Samir Vogan from Serhant representing the buyer, while Stan Ponte represents the seller through Sotheby's International Realty.

Players

Nile Lundgren
Serhant
Nile Lundgren
9 deals$81.2M volume(917) 453-4526
BROKER
Stan Ponte
Sotheby's International Realty
Stan Ponte
3 deals$20.6M volume
BROKER
Samir Vogan
Serhant
Samir Vogan
1 deal$3.9M volume(917) 721-7824
BROKER
Serhant
Serhant
BROKERAGE
Sotheby's International Realty
Sotheby's International Realty
BROKERAGE

Details

SOLD
IMAGE: Samir Vogan, Nile Lundgren & Stan Ponte DATE: 9/13/2025 ADDRESS: 1049 5th Avenue MARKET: Upper East Side ASSET TYPE: Condo BUYER: Nina & Cacau Corportation SELLER: The Roy Joseph Salame Revocable Trust BUYER'S REP: Nile Lundgren (@NileLundgren) & Samir Vogan (@SamirVogan) - Serhant (@Serhant) SELLER'S REP: Stan Ponte (@StanPonte) - Sotheby's International Realty (@SothebysRealty) SALE PRICE: $3,850,000 SF: 1,830 ~ PPSF: $2,103

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$205,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,678.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,250.96
Annual Debt Service$219,011.57