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502 Park Avenue

Hillcrest Company Buys Condo At 502 Park Avenue From Robert Tillis With Buyer's Reps Whitney Didier & Chelsea Bleistern
SOLDCondo

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

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.

Players

Whitney Didier

The Corcoran Group

Broker

$18.1M

vol

3 deals

Broker
The Corcoran Group
The Corcoran GroupBrokerage

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

2.17%

Cash-on-Cash

-0.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93