JDS Development Group Acquires Residential Condo At 111 West 57th St In Midtown Manhattan For $50M

111 West 57th Street, New York, NY, USA

$50,000,000

$7,039/SF

Building Size

7,103 SF

Asset Type

—

Closing

Dec 9, 2020

AI

A residential condo located at 111 West 57th Street in Midtown was recently sold in December 2020. The property was sold for approximately $50,000,000 and spans a total area of 7,103 square feet. The price per square foot is approximately $7,039. The sale was facilitated by Tal Alexander, Janice Chaing, Holly Parker, Roger Erickson, and Amy Williamson, all representing Douglas Elliman.

Summary of transaction details:

Property Type: Residential Condo
Transaction Amount: $50,000,000 (approx.)
Address: 111 West 57th Street, Midtown
Market: Midtown
Developer: JDS Development Group, Spruce Capital Partners, and PMG Development

Tal Alexander, Janice Chaing, Holly Parker, Roger Erickson, and Amy Williamson, all from Douglas Elliman, played crucial roles as brokers in this deal.

Players