Alexander Seligson Acquires Condo At 768 Fifth Avenue In Central Midtown Manhattan From Charles T Dowling For $65.8M
$65,835,099
Building Size
—
Asset Type
Condo
Closing
Oct 23, 2023
AI
Alexander Seligson has purchased a condo located at 768 Fifth Avenue in Central Midtown, Manhattan. The property was sold by Charles T Dowling for a total price of $65,835,099.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $65,835,099
- Address: 768 Fifth Avenue, Central Midtown, Manhattan
The sale of the condo at 768 Fifth Avenue involved Alexander Seligson as the buyer and Charles T Dowling as the seller. Both parties successfully completed the transaction, with the condo changing ownership for a significant amount of $65,835,099.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93