520 5th Avenue Manhattan Condo Under Contract For $5,950,000
520 5th Avenue
$5,950,000
$2,761/SF
Building Size
2,155 SF
Asset Type
Condo
Closing
Sep 30, 2025
About this deal
AI
A condo asset in Manhattan located at 520 5th Avenue comprises 2,155 square feet and sold for $5,950,000, yielding a price per square foot of $2,761.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $5,950,000
- Address: 520 5th Avenue
- Market: Manhattan
- Date: 10/1/2025
- Buyer’s Rep: Elena Smirnova - Powered By DMT
- SF: 2,155
- PPSF: $2,761
The deal's key individuals and organizations include the buyer's representative, Elena Smirnova, affiliated with Powered By DMT, who facilitated the transaction on behalf of the buyer.
On the Map
$5,950,000
$2,761/SF
Condo
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New York Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.67%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93