John Eastman Acquires Co-op In Carnegie Hill For $26.5M From John & Judith Hannan - Apollo Investment Corporation

The co-op located at 1133 Fifth Avenue in Carnegie Hill has been sold in a recent transaction. The property, with an address of 1133 Fifth Avenue, is a co-op type with zoning designations of R10 and PI. The sale took place on 07/09/2021.

Summary of transaction details

• Property Type: Co-op
• Transaction Amount: $26,500,000
• Market: Carnegie Hill

The buyer of the property is John Eastman, and the seller is John & Judith Hannan, represented by Apollo Investment Corporation. The sale price for the co-op was $26,500,000. The property has a building square footage (BSF) of 61,300, resulting in a price per BSF of $432. Additionally, the property has a total square footage (SF) of 60,197, with a price per SF of $440.

The co-op has a floor area ratio (FAR) of 9.82 and falls under tax class 2. The lot size measures 6,130, and the lot dimensions are 60 ft x 102.17 ft. The property underwent an alteration type 2 permit on 06/21/2019.