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610 Park Avenue

Marc Holliday Of SL Green Acquires Retail Condo From Daniel Boulud's Dinex Group For $18.5M
SOLDCondo

Marc Holliday Of SL Green Acquires Retail Condo From Daniel Boulud's Dinex Group For $18.5M

610 Park Avenue

$18,500,000

$1,041/SF

Building Size

17,762 SF

Asset Type

Condo

Closing

Mar 4, 2026

AI

The transaction involves a retail condo located at 610 Park Avenue in Lenox Hill, Manhattan. The property spans 17,762 square feet and was sold for $18,500,000, translating to a price per square foot of $1,042. The sale was finalized on March 4, 2026.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $18,500,000
  • Address: 610 Park Avenue
  • Market: Lenox Hill, Manhattan
  • Buyer: Marc Holliday - SL Green
  • Seller: Daniel Boulud - Dinex Group
  • Square Footage: 17,762
  • Price per Square Foot: $1,042

SL Green Realty, through 610 Park Avenue Commercial Owner LLC, acquired the property from Daniel Boulud’s Dinex Group. This acquisition reflects a significant transaction in the Lenox Hill area, solidifying SL Green's presence in the market.

Players

Daniel Boulud

Dinex Group

Broker

$18.5M

vol

1 deal

Broker
Marc Holliday

Marc Holliday

SL Green

Buyer

$9.6B

vol

40 deals

Buyer
Daniel Boulud

Daniel Boulud

Dinex Group

Seller

$18.5M

vol

1 deal

Seller

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

0.86%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93