Fiyyaz Pirani Acquires Condo From JDS Development In Manhattan For $21.5M

The property asset involved in the transaction is a condo located at 111 West 57th Street in Manhattan. It was sold for $21,500,000, encompassing a total of 4,492 square feet. The price per square foot is recorded at $4,786.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $21,500,000
• Square Footage: 4,492
• Price Per Square Foot: $4,786
• Buyer: Fiyyaz Pirani
• Seller: JDS Development
• Buyer's Representative: Neil Zaken & Emma Perry - Compass
• Seller's Representatives: Nikki Field, Ben Pofcher, Emma Burakovsky & Jeanne Bucknam - Sotheby's International Realty
• Date of Sale: 6/24/2025

The deal involved notable representatives, with the buyer's interests managed by Neil Zaken and Emma Perry from Compass. The seller, JDS Development, had representation from a team at Sotheby's International Realty, including Nikki Field, Ben Pofcher, Emma Burakovsky, and Jeanne Bucknam.