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16 Fifth Avenue No. 16 A Trust Acquires Manhattan Condo From Josh Zegen For $15.4M
New York
See Similar DealsCondo
Leased 04/20/2026
16 Fifth Avenue No. 16 A Trust Acquires Manhattan Condo From Josh Zegen For $15.4M
16 5th Avenue
See Similar DealsCondo
Leased 04/20/2026
Summary
NEW YORK
Asset Type:Condo
A condo located at 16 5th Avenue in Manhattan was sold for $15,400,000. The transaction highlights a significant exchange within the luxury residential market, facilitated by Madison Realty Capital.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $15,400,000
- Buyer: 16 Fifth Avenue No. 16 A Trust - Scott Segal as Trustee
- Seller: Josh Zegen - Madison Realty Capital
Josh Zegen, representing Madison Realty Capital, executed a noteworthy transaction in the luxury real estate sector with this sale, cementing the firm's presence in the Manhattan market.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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