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Jeff T. Blau Of Related Companies Sells Manhattan Condo At 400 East 84th Street For $254.74M
SOLD
$254,739,510
New York
See Similar DealsCondo187,520 SF
Sold
SOLD
Jeff T. Blau Of Related Companies Sells Manhattan Condo At 400 East 84th Street For $254.74M
400 East 84th Street
See Similar DealsCondo187,520 SF
Sold
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1358
Total Square Footage:187520 SF
Transaction Type:Sale
A condo located at 400 East 84th Street in Manhattan has been sold for $254.74 million. The property encompasses 187,520 square feet, resulting in a price per square foot of $1,358. This transaction represents a significant sale in the Manhattan real estate market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $254,739,510
- Square Footage: 187,520
- Price per Square Foot: $1,358
- Address: 400 East 84th Street, Manhattan
- Seller: Jeff T. Blau - Related Companies
- Date of Transaction: January 29, 2026
Jeff T. Blau of Related Companies completed the sale of the condo, marking a major high-value deal in the Manhattan market. The successful transaction further underscores the active nature of real estate dealings in this area.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$13,586,107.20
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$905,035.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,207,595.24
Annual Debt Service$14,491,142.87
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