Maria C Rachadell De Rodriguez Acquires Condo On Park Avenue For $21.5M
520 Park Avenue
$21,500,000
$115/SF
Building Size
186,653 SF
Asset Type
Condo
Closing
Jan 30, 2023
About this deal
AI
The property involved in the transaction is a condo located at 520 Park Avenue in the Lenox Hill neighborhood of Manhattan. The sale took place on January 30, 2023, and the asset type is a Condo. The buyer, Maria C Rachadell de Rodriguez, purchased the property from the seller, Bruce Cohen, for a total price of $21,500,000. The building has a total BSF (Building Square Footage) of 60,230, which translates to a price per BSF of $356. The property itself has a total square footage of 186,653, with a price per square foot of $115. The FAR (Floor Area Ratio) is 30.99, and the tax class is 2.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $21,500,000
- BSF: 60,230 ~ PPBSF: $356
- SF: 186,653 ~ PPSF: $115
- FAR: 30.99
- Tax Class: 2
Maria C Rachadell de Rodriguez served as the buyer in this transaction, while Bruce Cohen was the seller. The lot size is 6,023, with dimensions of 60 ft x 100.42 ft.
Players
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Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.74%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93