John F. Gore Purchases Six-Unit Condo At 1619 Broadway From Mack Real Estate Group For $28.82M
1619 Broadway
$28,818,609
Building Size
—
Asset Type
Condo
Closing
Jun 16, 2025
AI
A six-unit condominium located at 1619 Broadway in Manhattan was sold for $28,818,609. This equates to approximately $4,803,102 per unit, reflecting a significant market transaction in New York City.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $28,818,609
- Units: 6
- Price Per Unit: $4,803,102
- Buyer: John F. Gore
- Seller: William Mack, Richard Mack & Stephen Mack - Mack Real Estate Group
- Transaction Date: 06/16/2025
- Address: 1619 Broadway
- Market: Manhattan
The transaction featured John F. Gore as the buyer, acquiring the property from the Mack Real Estate Group, which consists of William Mack, Richard Mack, and Stephen Mack, noted for their involvement in high-value real estate transactions in New York City.
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
0.55%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93