Penthouse At 150 Charles Street Sells For $52 Million In Manhattan
52000000
$52,000,000
$11,555/SF
Building Size
4,500 SF
Asset Type
Condo
Closing
Jul 11, 2023
About this deal
AI
A penthouse located at 150 Charles Street in Manhattan has been sold for a staggering $52 million. This luxurious condo spans an impressive 4,500 square feet, offering ample space for its new owner.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $52,000,000
- Address: 150 Charles Street
- Market: Manhattan
- Seller: Steve Witkoff
- Brokers: Richard Ziegelasch & Deborah Kern - The Corcoran Group
- SF: 4,500
- PPSF: $11,556
This remarkable sale was facilitated by Richard Ziegelasch and Deborah Kern, who represented Steve Witkoff in the transaction. The Corcoran Group, the agency they belong to, played an instrumental role in ensuring the successful sale of this prestigious penthouse property.
On the Map
$52,000,000
$11,555/SF
Condo
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New York Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93