Bhavnita Gosrani & Abigail Tipton Acquire Condo At 730 Fifth Avenue, Midtown West For $75.8M
SOLD
$75,891,560
New York
See Similar DealsCondo
Sold 07/07/2022
SOLD
Bhavnita Gosrani & Abigail Tipton Acquire Condo At 730 Fifth Avenue, Midtown West For $75.8M
730 5th Avenue
See Similar DealsCondo
Sold 07/07/2022
Summary
NEW YORK
Asset Type:Condo
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$4,047,549.86
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$269,626.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$359,764.71
Annual Debt Service$4,317,176.55
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