Sandor Krauss Acquires Condo At 217 West 57th Street, NYC From Gary Barnett
217 West 57th Street
$14,039,562
$4,568/SF
Building Size
3,073 SF
Asset Type
Condo
Closing
Apr 5, 2023
About this deal
AI
Located at 217 West 57th Street in New York City, this condominium is the subject of a recent sale transaction. The property, spanning 3,073 square feet, was sold for a total price of $14,039,562, resulting in a price per square foot of $4,569.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $14,039,562
- Date: 04/05/2023
- Address: 217 West 57th Street, New York City
- Market: New York City
Sandor Krauss is the buyer in this transaction, while Gary Barnett served as the seller. Representing the buyer is Alexander Boriskin from Douglas Elliman, along with Michael Lorber also from Douglas Elliman. On the seller's side, the representation was provided by Gabriele Tonini and Gary Barnett from Extell Development.
On the Map
$14,039,562
$4,568/SF
Condo
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Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $4.6K per square foot on a published $14M for 3,073 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93