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725 5th Avenue, New York Ci...

Vincent Gallo Sells Manhattan Condo At 725 5th Avenue For $1.59M
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Vincent Gallo Sells Manhattan Condo At 725 5th Avenue For $1.59M

725 5th Avenue, New York City, New York 10022, United States

$1,590,000

$1,494/SF

Building Size

1,064 SF

Asset Type

Condo

Closing

Feb 15, 2022

AI

725 5th Avenue in Manhattan has been sold for $1,590,000. The condo, measuring 1,064 square feet, was sold by Vincent Gallo. The transaction was facilitated by Nitza Shafrir Zinbarg from Trump International Realty. The price per square foot was $1,494.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,590,000
  • Address: 725 5th Avenue, Manhattan
  • Market: Manhattan
  • Seller: Vincent Gallo
  • Broker: Nitza Shafrir Zinbarg - Trump International Realty
  • Square Footage: 1,064
  • Price per Square Foot: $1,494

Vincent Gallo sold the condo located at 725 5th Avenue in Manhattan for $1,590,000. Nitza Shafrir Zinbarg, representing Trump International Realty, assisted in the transaction.

Players

Nitza Shafrir Zinbarg

Broker

$8.8M

vol

2 deals

Broker

Vincent Gallo

Seller

$6M

vol

2 deals

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

9.98%

Cash-on-Cash

-2.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93