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Moses Mizrahi Purchases Condo At 300 East 42nd Street Manhattan From Alberto Smeke Saba For $22M
SOLD
$22,000,000
New York
See Similar DealsCondo51,735 SF
Sold 04/14/2026
SOLD
Moses Mizrahi Purchases Condo At 300 East 42nd Street Manhattan From Alberto Smeke Saba For $22M
300 East 42nd Street
See Similar DealsCondo51,735 SF
Sold 04/14/2026
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$425
Total Square Footage:51,735 SF
Transaction Type:Sale
A condo located at 300 East 42nd Street in Manhattan has been sold for $22 million. The asset encompasses 51,735 square feet, translating to a price per square foot of approximately $425.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $22,000,000
- Buyer: Moses Mizrahi
- Seller: Alberto Smeke Saba
- Sale Date: April 14, 2026
- Square Footage: 51,735
- Price per Square Foot: $425
The seller, Alberto Smeke Saba, executed the sale to buyer Moses Mizrahi. This transaction reflects a significant exchange in the Manhattan real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$78,161.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$104,291.22
Annual Debt Service$1,251,494.69
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