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1619 Broadway

John F. Gore Purchases Six-Unit Condo At 1619 Broadway From Mack Real Estate Group For $28.82M
SOLDCondo

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

William Macklowe

Mack Real Estate Group

Seller

$152.8M

vol

3 deals

Seller
Mack Real Estate Group
Mack Real Estate GroupSeller

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