Jennifer Lopez Sells NoMad Condo At The Whitman For $24.99M
21 East 26th Street
$24,990,000
$3,821/SF
Building Size
6,540 SF
Asset Type
Condo
Closing
Apr 17, 2024
About this deal
AI
The luxurious penthouse at The Whitman, located at 21 East 26th Street in NoMad, Manhattan, was sold by Jennifer Lopez. The condo, previously purchased by Lopez in 2017 for $20.1 million, boasts lavish amenities such as 12.5-foot-high ceilings, white oak floors, and nearly 3,000 square feet of outdoor space across four terraces. The final sale price for this property was $24,990,000 with a price per square foot of $3,821.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $24,990,000
- Address: 21 East 26th Street
- Market: NoMad, Manhattan
- Seller: Jennifer Lopez
- Brokers: Chris Pomeroy & Richard Orenstein - Brown Harris Stevens
- SF: 6,540
- PPSF: $3,821
Chris Pomeroy and Richard Orenstein from Brown Harris Stevens represented Jennifer Lopez in the sale of her penthouse at The Whitman. The duplex property offered luxurious features and stunning views, making it a highly desirable asset in the heart of Manhattan's NoMad neighborhood. The transaction underscores the high-end real estate market in New York City and the influence of well-known individuals like Jennifer Lopez in property transactions.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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About $3.8K per square foot on a published $25M for 6,540 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93