Brad Stadler 2021 Irrevocable Trust & Meredith Stadler Acquire 1,928 SF Condo In Midtown West For $16.3M

The property involved in this transaction is a condominium located at 217 West 57th Street in Midtown West. The property is zoned as C5-3, MiD. It was sold by Extell Development Company to Brad Stadler 2021 Irrevocable Trust and Meredith Stadler. The transaction was facilitated by Danny Abraham, representing the buyer. The sale price for the property was $16,336,250. The condominium spans 1,928 square feet, resulting in a price per square foot of $8,473. The property falls under tax class 2 and has a lot size of 10,040 square feet. Permits for alteration type 2 were obtained on February 3, 2020. The lot dimensions are 100 feet by 100.42 feet.

Summary of transaction details

• Property Type: Condo
• Transaction Amount: $16,336,250
• Market: Midtown West
• Buyer: Brad Stadler 2021 Irrevocable Trust & Meredith Stadler
• Seller: Extell Development Company
• Broker: Danny Abraham
• Square Footage: 1,928

The sale of this condominium at 217 West 57th Street in Midtown West was executed with the involvement of Brad Stadler 2021 Irrevocable Trust, Meredith Stadler, Extell Development Company, and their broker, Danny Abraham. The transaction highlights the strong demand for properties in this area, as evidenced by the sale price of $16,336,250 and a price per square foot of $8,473. The importance of this deal is further emphasized by the permits obtained for alteration type 2, indicating potential renovations or modifications to the property.