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175 Fifth Avenue, New York

Daniel Brodsky Of Brodsky Organization And Veronica Mainetti Of Sorgente Group Sell Condo For $24.8M
SOLDCondo

Daniel Brodsky Of Brodsky Organization And Veronica Mainetti Of Sorgente Group Sell Condo For $24.8M

175 Fifth Avenue, New York

$24,800,000

$5,361/SF

Building Size

4,626 SF

Asset Type

Condo

Closing

Mar 17, 2026

AI

A four-bedroom condo located at 175 Fifth Avenue in the Flatiron District has entered contract with an asking price of $24,800,000. This unit spans 4,626 square feet, resulting in a price per square foot of $5,361 and represents the priciest current deal in the newly converted 38-unit landmark.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $24,800,000
  • Square Footage: 4,626
  • Price per Square Foot: $5,361
  • Address: 175 Fifth Avenue
  • Market: Flatiron District
  • Seller: Daniel Brodsky - Brodsky Organization
  • Seller: Veronica Mainetti - Sorgente Group

This transaction highlights the involvement of Daniel Brodsky from Brodsky Organization and Veronica Mainetti from Sorgente Group as the sellers of the property.

Players

BO
Brodsky OrganizationSeller

New York 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

0.64%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93