Abraham Brach Purchases Condo From FourLeaf Federal Credit Union For $7.9 Million In Gramercy Park
305 2nd Avenue
$7,900,000
$12,343/SF
Building Size
640 SF
Asset Type
Condo
Closing
Mar 11, 2026
About this deal
AI
Abraham Brach purchased a 640-square-foot condo located at 305 2nd Avenue in Gramercy Park, Manhattan. The sale was finalized for $7.9 million, resulting in a price per square foot of $12,344.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,900,000
- Buyer: Abraham Brach
- Seller: FourLeaf Federal Credit Union
- Square Footage: 640
- Price Per Square Foot: $12,344
The deal involved Abraham Brach as the buyer and FourLeaf Federal Credit Union as the seller, with the transaction occurring on March 11, 2026.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
About $12.3K per square foot on a published $7.9M for 640 square feet (2026).
Visit Abraham Brach to view all their deals.
Browse New York condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93