Vladislav Doronin's Condo In The Crown Building Acquired By Bank OZK & Cain International For $750M
730 5th Ave, New York, NY 10019, USA
$750,000,000
$2,151/SF
Building Size
348,580 SF
Asset Type
Retail
Closing
Sep 30, 2019
About this deal
AI
The property asset involved is a condo located at 730 Fifth Avenue, known as The Crown Building, situated in the Midtown market. The transaction includes a loan amount of $750,000,000 with a total square footage of 390,000.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $750,000,000
- Address: 730 Fifth Avenue (The Crown Building)
- Market: Midtown
- Lender: Bank OZK & Cain International
- Landlord: Vladislav Doronin
The deal involves key individuals and companies including Vladislav Doronin as the landlord, and the lenders are Bank OZK and Cain International, representing the financial backing of the transaction.
On the Map
$750,000,000
$2,151/SF
Retail
View full map
New York Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Visit Vlad Doronin to view all their deals.
Browse New York retail loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.02%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93