Nina & Cacau Corporation Acquires Condo On Upper East Side For $3.85M With Brokers Nile Lundgren & Samir Vogan And Stan Ponte
1049 5th Avenue
$3,850,000
$2,103/SF
Building Size
1,830 SF
Asset Type
Condo
Closing
Sep 12, 2025
AI
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
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93