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760 Madison Avenue

Janet Montag Acquires Condo At 760 Madison Avenue In Lenox Hill Manhattan For $30.88M
SOLDCondo

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