432 Park condo sells for $26M, up from $24.2M in 2018

Patrick Dovigi through the entity Dovfam Ny Lp paid $26 million to the entity Mct Park, LLC for condo (SC) unit 65B at 432 Park Avenue in Midtown, Manhattan.
The deal closed on November 18, 2021 and was recorded on December 3, 2021.
The property has 4,019 square feet of built space according to PincusCo analysis of city data. The sale price per built square foot is $6,469 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on July 17, 2018, for $24.2 million.
The signatory for Dovfam Ny Lp was Gregory Maybaum. The signatory for Patrick Dovigi was Patrick Dovigi.
(120628776)The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 146 residential units on November 10, 2015.
This is for unit 65B.
Within a 400-foot radius of 432 Park Avenue, Pincusco identified 12 commercial real estate items of interests occurred over the past 24 months.
Of those 12 items, one was in new building development. It was a new building permit issued on November 19, 2020 for a 59,819-square-foot R-2 building with 62 residential units at 115 East 55th Street.
Of those 12 items, four were sales above $5 million totaling $655.4 million. The most recent of the four was Jardin 432, LLC which bought one condo unit in the 291-unit mixed-use building (RM) on 432 Park Avenue for $19.1 million from 432 Park 80A, LLC on September 2, 2021.
Of those 12 items, seven were loans above $5 million totaling $920.9 million. The most recent of the seven was Oestreicher Properties which borrowed $31 million from Bank Leumi secured by the 0-square-foot, 21-unit office building (O6) on 430 Park Avenue on August 30, 2021.

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