Albert An Acquires Condo At 520 5th Avenue Midtown From Josh Rabina For $12.5M
520 5th Avenue
$12,500,000
$3,785/SF
Building Size
3,302 SF
Asset Type
Condo
Closing
Aug 9, 2026
About this deal
AI
A 3,302-square-foot penthouse condo located at 520 5th Avenue in Central Midtown was sold for $12.5 million. The sale was finalized at a price per square foot of $3,786, indicative of a premium valuation within the Manhattan market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $12,500,000
- Buyer: Albert An
- Seller: Josh Rabina - Rabina Properties
- Square Footage: 3,302
- Price per Square Foot: $3,786
- Closing Date: 08/09/2026
This transaction involved Josh Rabina, representing Rabina Properties, who sold the condo to buyer Albert An. It highlights the high-profile nature of real estate dealings in Manhattan.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $3.8K per square foot on a published $12.5M for 3,302 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93