Amirian Group's 117 W 21st Condos Achieve $57.4M Sellout Price In Chelsea

The property involved in this closed transaction is located at 117 W 21st. The building was acquired for a price of $28.5 million, which calculates to $843 per square foot. The sellout price for the condos in the building reached $57.4 million, resulting in an average of $1817 per square foot. There are a total of 9 units in the building, all of which have been sold out. The developer of the property is the Amirian Group, led by David Amirian. The renowned architect GRADE Architects was responsible for the design of the building.

Summary of Transaction Details

• Property Type: Condos
• Transaction Amount: $57.4 million
• Units: 9
• Developer: Amirian Group - David Amirian
• Architect: GRADE Architects

Ryan Serhant's The Serhant Team played a crucial role in the transaction as the broker. Ryan Serhant, a well-known figure in the real estate industry, represented the buyers and sellers in this deal. His team's expertise and negotiation skills contributed to the successful sale of all the units in the building.

It is worth noting that the sales launch for this property took place between August 2017 and August 2018. The quick sellout of all the units demonstrates the high demand and attractiveness of the building's location and features.