Hillcrest Company Buys Condo At 502 Park Avenue From Robert Tillis With Buyer's Reps Whitney Didier & Chelsea Bleistern
502 Park Avenue
Building Size
4,205 SF
Asset Type
Condo
Closing
Aug 17, 2025
About this deal
AI
The property involved in this transaction is a condo located at 502 Park Avenue, Lenox Hill, Manhattan, with a total square footage of 4,205. The condo has been sold by Robert Tillis.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: Not disclosed
- Address: 502 Park Avenue
- Market: Lenox Hill, Manhattan
- Buyer: Hillcrest Company - Fred & Ryan Afari
- Seller: Robert Tillis
- Buyer's Representative: Whitney Didier & Chelsea Bleistern - The Corcoran Group
This transaction features key participants including the buyer, Hillcrest Company, represented by Fred and Ryan Afari. The seller, Robert Tillis, was involved in the negotiation and transfer process, while the buyers were represented by agents Whitney Didier and Chelsea Bleistern from The Corcoran Group.
On the Map
Condo
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93