Will Zeckendorf And Eyal Ofer Sell Duplex At 50 United Nations Plaza For $28.5M
50 1st Avenue
$28,500,000
$2,938/SF
Building Size
9,700 SF
Asset Type
Condo
Closing
Dec 23, 2025
AI
A duplex condo located at 50 United Nations Plaza in Manhattan was sold for $28,500,000. The property spans 9,700 square feet, resulting in a price per square foot of $2,938. This sale price reflects a decrease of $10 million from its last asking price and is significantly lower than the initial $70 million sought in 2013.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $28,500,000
- Square Footage: 9,700
- Price per Square Foot: $2,938
- Address: 50 United Nations Plaza
- Market: Manhattan
- Seller: Will Zeckendorf - Zeckendorf Development & Eyal Ofer - Global Holdings
Will Zeckendorf represents Zeckendorf Development in the transaction, while Eyal Ofer represents Global Holdings. The significant drop in sale price indicates a shift in market conditions since 2013 when the property was initially listed.
Players
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
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93