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200 East 75th Street

Francisco Lindor Of New York Mets Purchases Condo From Ted Segal For $20M In Manhattan
SOLDCondo

Francisco Lindor Of New York Mets Purchases Condo From Ted Segal For $20M In Manhattan

200 East 75th Street

$20,000,000

$4,000/SF

Building Size

5,000 SF

Asset Type

Condo

Closing

Dec 10, 2024

AI

The property asset involved in the transaction is a condo located at 200 East 75th Street in Manhattan. The penthouse is priced at $20,000,000 and spans 5,000 square feet, which results in a price per square foot of $4,000. This luxury condominium marks a significant deal in the Manhattan market.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $20,000,000
  • Address: 200 East 75th Street
  • Market: Manhattan
  • Square Footage: 5,000
  • Price Per Square Foot: $4,000
  • Buyer: Francisco Lindor - New York Mets
  • Seller: Ted Segal - EJS Group
  • Broker Representatives: Alexa Lambert, Marc Achilles & Susan Wires - Compass

The deal involves key individuals including buyer Francisco Lindor, a player for the New York Mets, and seller Ted Segal, representing EJS Group. The brokerage team consists of Alexa Lambert, Marc Achilles, and Susan Wires from Compass. The property is one of 36 units in the building, with half already sold prior to its expected completion in 2025.

Players

Alexa Lambert

Compass

Broker

$260.4M

vol

9 deals

Broker

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

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93