Robert S Frankel Acquires Condo In Lincoln Square, Manhattan For $40M
25 Columbus Circle, New York City, New York 10019, United States
$40,000,000
Building Size
—
Asset Type
Condo
Closing
Mar 1, 2023
About this deal
AI
The property involved in this transaction is a condo located at 25 Columbus Circle in the Lincoln Square neighborhood of Manhattan. It is zoned as C6-6, MID. The property has a lot size of 149,560 square feet, with dimensions measuring 519.03 feet by 492 feet.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $40,000,000
- Address: 25 Columbus Circle, Lincoln Square, Manhattan
- Zoning: C6-6, MID
- Lot Size: 149,560 square feet
- Lot Dimension: 519.03 ft x 492 ft
Robert S. Frankel purchased the property from Jessica Rizzo. The transaction was recorded on January 3, 2023. The property is classified under Tax Class 2.
On the Map
$40,000,000
Condo
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93