Philip Munge Sells Resi Condo On Fifth Avenue In Greenwich Village For $2.05M With Brokers Michael Lorber & Alexander Boriskin
40 Fifth Avenue, Manhattan, New York, NY, USA
$2,050,000
$662/SF
Building Size
3,095 SF
Asset Type
Other
Closing
Apr 29, 2020
About this deal
AI
A residential condo located at 40 Fifth Avenue in Greenwich Village was recently sold in a closed transaction. The property, spanning 1,300 square feet, was listed for $2,000,000. The final sale price reached $2,050,000, resulting in a price per square foot of $1,576.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $2,050,000
- Address: 40 Fifth Avenue, Greenwich Village
- Square Footage: 1,300
- Listing Price: $2,000,000
- Price Per Square Foot: $1,576
The seller of the property was Philip Munge. The transaction was facilitated by brokers Michael Lorber and Alexander Boriskin, who represented the seller through The Michael Lorber Team at Douglas Elliman.
Players
New York Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
About $662 per square foot on a published $2.1M for 3,095 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93