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353 West 56th Street

Updated Dec 4, 2024

Flody Suarez & Gino Filippone Purchase Leonard Bernstein's Former Penthouse For $3 Million In Midtown Manhattan
SOLDCondo

Flody Suarez & Gino Filippone Purchase Leonard Bernstein's Former Penthouse For $3 Million In Midtown Manhattan

353 West 56th Street

$3,000,000

Building Size

Asset Type

Condo

Closing

Aug 20, 2024

About this deal

AI

The property is a condo located at 353 West 56th Street in Midtown Manhattan. The sale price of the condo was $3,000,000, which is below its asking price of $3.65 million. Leonard Bernstein's former penthouse at Parc Vendome was included in this transaction.

Summary of transaction details:

Flody Suarez and Gino Filippone were the buyers involved in this transaction. The brokers representing them are Alexandra Rhodie and Gino Filippone from The Corcoran Group.

Players

Gino Filippone

The Corcoran Group

Broker

$3M

vol

1 deal

Broker

New York 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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