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SGNY Property LLC Acquires Condo At 111 West 57th Street For $21.3 Million
New York
See Similar DealsCondo4,200 SF
Leased 12/20/2025
SGNY Property LLC Acquires Condo At 111 West 57th Street For $21.3 Million
111 West 57th Street
See Similar DealsCondo4,200 SF
Leased 12/20/2025
Summary
NEW YORK
Asset Type:Condo
Total Square Footage:4,200 SF
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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