Ian Bruce Eichner Sells Penthouse In Flatiron To Asian Buyer For $45M
45 E 22nd St, New York, NY 10010, USA
$45,000,000
$346/SF
Building Size
130,000 SF
Asset Type
Other
Closing
Feb 20, 2020
AI
The penthouse at 45 East 22nd Street in the Flatiron district has been sold for $45,000,000. This luxurious property spans 13,000 square feet, offering ample space and comfort. With a price per square foot of $3,461, this penthouse stands as a prime example of upscale living in the bustling Flatiron market.
Summary of transaction details:
- Property Type: Penthouse
- Transaction Amount: $45,000,000
- Square Footage: 13,000 sqft
- Price Per Square Foot: $3,461
- Address: 45 East 22nd Street
- Market: Flatiron
The seller of this prestigious penthouse was Ian Bruce Eichner, represented by Noble Black and the Holly Parker Team from Douglas Elliman. The buyer's representative was the Corcoran Group. The buyer, an Asian individual, has yet to be determined, adding an air of excitement to this high-profile transaction.
Players
New York Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93