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217 West 57th Street

Ruixue Huang Purchases Condo From Gary Barnett At 217 West 57th Street For $12.66M
SOLDCondo

Ruixue Huang Purchases Condo From Gary Barnett At 217 West 57th Street For $12.66M

217 West 57th Street

$12,660,530

$4,000/SF

Building Size

3,165 SF

Asset Type

Condo

Closing

Apr 27, 2026

AI

A luxury condominium unit located at 217 West 57th Street in Central Park South, Manhattan was sold. The transaction took place on April 27, 2026, with a sale price of $12,660,530 for a total area of 3,165 square feet, resulting in a price per square foot of $4,000.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $12,660,530
  • Square Footage: 3,165
  • Price per Square Foot: $4,000
  • Buyer: Ruixue Huang
  • Seller: Gary Barnett - Extell

This transaction involved Ruixue Huang acquiring the unit from Gary Barnett, the founder of Extell. The sale highlights the ongoing activity within Manhattan's luxury real estate market.

Players

Gary Barnett

EXTELL

Seller

$8.3B

vol

59 deals

Seller

New York Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.25%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93