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730 5th Avenue

Updated Oct 29, 2024

Bhavnita Gosrani & Abigail Tipton Acquire Condo At 730 Fifth Avenue, Midtown West For $75.8M
SOLDCondo

Bhavnita Gosrani & Abigail Tipton Acquire Condo At 730 Fifth Avenue, Midtown West For $75.8M

730 5th Avenue

$75,891,560

Building Size

Asset Type

Condo

Closing

Jul 7, 2022

About this deal

AI

Vanessa Grout and Vlad Doronin have sold their condo located at 730 Fifth Avenue, Midtown West. The transaction took place on July 7, 2022. The property, a Condo, was purchased by Bhavnita Gosrani and Abigail Tipton for a total of $75,891,560. The seller in this deal was OKO Group.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $75,891,560
  • Date: 07/07/2022
  • Address: 730 Fifth Avenue, Midtown West

Bhavnita Gosrani and Abigail Tipton were the buyers in this transaction, acquiring the condo from Vanessa Grout and Vlad Doronin. The sellers, OKO Group, represented the sellers in this deal.

Players

Amie Buchanan

Broker

$130.9M

vol

2 deals

Broker
OKO Group
OKO GroupSeller

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

0.21%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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