Miki Naftali Of Naftali Group Sells Kips Bay Co-Op For $9.5M With Compass Representation
201 East 23rd Street
$9,500,000
$2,878/SF
Building Size
3,300 SF
Asset Type
Co-Op
Closing
Sep 9, 2026
About this deal
AI
A full-floor co-op unit located at 201 East 23rd Street in Kips Bay, measuring 3,300 square feet, has been sold for $9,500,000, equating to approximately $2,879 per square foot. The property features four bedrooms and 3.5 bathrooms, along with a private terrace.
Summary of transaction details:
- Property Type: Co-Op
- Transaction Amount: $9,500,000
- Square Footage: 3,300
- Price per Square Foot: $2,879
- Seller: Miki Naftali - Naftali Group
- Buyer's Representative: Shaun Osher - CORE Real Estate
- Seller's Representatives: Alexa Lambert, Jared LaFrenais & Lauren Viviani - Compass
This transaction involved Cherry Willow LLC as the buyer, acquiring the property from Naftali Group, with representation from CORE Real Estate and Compass, highlighting the key players involved in this notable sale.
Players
New York Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93