Moses Mizrahi Purchases Condo At 300 East 42nd Street Manhattan From Alberto Smeke Saba For $22M
300 East 42nd Street
$22,000,000
$425/SF
Building Size
51,735 SF
Asset Type
Condo
Closing
Apr 14, 2026
About this deal
AI
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.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $425 per square foot on a published $22M for 51,735 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93