Adam Modlin Brokered Sale Of $34M Condo At 220 Central Park South In NYC
220 Central Park South
$34,000,000
$10,967/SF
Building Size
3,100 SF
Asset Type
Condo
Closing
Feb 7, 2023
About this deal
AI
The luxurious condo located at 220 Central Park South in New York City has been sold in a closed transaction. The property boasts a size of 3,100 square feet and was sold for an impressive price of $34,000,000. This translates to a price per square foot of $10,968. Situated in the heart of New York City's vibrant market, this condo offers a prime location combined with luxurious amenities and breathtaking views.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $34,000,000
- Address: 220 Central Park South, New York City
- Market: New York City
The transaction was facilitated by Adam Modlin of the Modlin Group, who represented the interested parties in the deal. Adam Modlin's expertise in the industry and his strong negotiation skills played a pivotal role in ensuring a successful transaction. The involvement of Adam Modlin as the broker representative further amplified the trust and confidence in the deal.
Players
Market 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
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93