facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Condo

/

Sale

/

730 5th Avenue

Terence Chan Acquires Condo At Aman New York For $62M From Seller Vlad Doronin And Broker Tal Alexander
SOLDCondo

Terence Chan Acquires Condo At Aman New York For $62M From Seller Vlad Doronin And Broker Tal Alexander

730 5th Avenue

$62,000,000

$9,841/SF

Building Size

6,300 SF

Asset Type

Condo

Closing

Feb 5, 2024

AI

Vlad Doronin has sold a condo unit located at 730 5th Avenue in Midtown Manhattan. The transaction was completed on 02/05/2024 at a sale price of $62,000,000. The condo unit is a 6,300 square feet property, resulting in a price per square foot of $9,841.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $62,000,000
  • Square Footage: 6,300
  • Address: 730 5th Avenue
  • Market: Midtown Manhattan

Terence Chan, the chairman of Bay Area Capital Partners in Hong Kong, was the buyer in this transaction. The seller of the condo unit was Vlad Doronin. Tal Alexander, from the agency Official, represented both parties as the broker in the deal.

It is worth noting that Terence Chan acquired the 24th-floor unit at the Aman New York luxury condo conversion in the Crown Building. This acquisition adds to Chan's portfolio of property assets.

Players

Tal Alexander

Official

Broker

$1.8B

vol

83 deals

Broker

New York Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.26%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93