Central Park 113 Condo LLC Acquires Condo From Gary Barnett's Extell Development For $46.96M
217 West 57th Street
$46,958,750
$7,008/SF
Building Size
6,700 SF
Asset Type
Condo
Closing
Jul 21, 2026
About this deal
AI
A condo unit located at 217 West 57th Street in Central Park South, Manhattan, has been sold for $46,958,750. The property encompasses 6,700 square feet, leading to a price per square foot of $7,009.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $46,958,750
- Address: 217 West 57th Street
- Market: Central Park South, Manhattan
- Square Footage: 6,700
- Price Per Square Foot: $7,009
- Buyer: Central Park 113 Condo LLC
- Seller: Gary Barnett - Extell Development
Central Park 113 Condo LLC acquired the condo from Gary Barnett's Extell Development. This transaction reflects ongoing investment activity within the luxury real estate market of Manhattan.
On the Map
$46,958,750
$7,008/SF
Condo
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93