Janet Montag Acquires Condo At 760 Madison Avenue In Lenox Hill Manhattan For $30.88M
760 Madison Avenue
$30,877,688
$7,323/SF
Building Size
4,216 SF
Asset Type
Condo
Closing
Jan 28, 2025
AI
A condo located at 760 Madison Avenue in Lenox Hill, Manhattan was sold for $30,877,688. The property encompasses a total of 4,216 square feet, resulting in a price per square foot of $7,324.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $30,877,688
- Address: 760 Madison Avenue, Lenox Hill, Manhattan
- Square Footage: 4,216
- Price Per Square Foot: $7,324
- Buyer: Janet Montag
- Seller: Nail Kessner
- Transaction Date: January 28, 2025
Janet Montag purchased the penthouse in this transaction, with Nail Kessner acting as the seller. This deal reflects the interests of both parties involved in the upscale Manhattan real estate market.
Players
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
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93