Condo Unit Sold For $10.63M In Manhattan
768 5th Avenue
$10,625,000
Building Size
—
Asset Type
Condo
Closing
Feb 13, 2025
AI
The property involved in this transaction is a condominium located at 768 5th Avenue, Central Park South, Manhattan. The sale was completed on February 13, 2025, with a transaction amount of $10,625,000.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $10,625,000
- Seller: Sandor Krauss
- Buyer's Representative: Charlie Attias
- Seller's Representative: Michael Passaro
This deal featured key individuals including the seller, Sandor Krauss, and the representatives, Charlie Attias, representing the buyer, and Michael Passaro, representing the seller. Each played an integral role in facilitating the successful close of this transaction.
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
1.49%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93