SGNY Property LLC Acquires Condo At 111 West 57th Street For $21.3 Million

A condo located at 111 West 57th Street in the Central Park South market sold for $21,300,000. The property spans 4,200 square feet, resulting in a price per square foot of $5,071.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $21,300,000
• Square Footage: 4,200
• Price per Square Foot: $5,071
• Buyer: SGNY Property LLC
• Seller: Michael Stern - JDS Development Group & Kevin Maloney - PMG
• Broker: Nikki Field - Sotheby’s International Realty

This transaction marks the top recorded home sale in New York City, highlighting the involvement of JDS Development Group and Property Markets Group as the sellers, while SGNY Property LLC emerged as the buyer in this significant deal.