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
About this deal
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.
On the Map
$24,800,000
$5,361/SF
Condo
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Players
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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