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217 West 57th Street

Speed Post Condo In Manhattan Sells For $13M To Extell - Gary Barnett And Sarah Williams - Societe Real Estate
SOLDCondo

Speed Post Condo In Manhattan Sells For $13M To Extell - Gary Barnett And Sarah Williams - Societe Real Estate

217 West 57th Street

$13,018,810

$5,220/SF

Building Size

2,494 SF

Asset Type

Condo

Closing

Aug 15, 2022

AI

A condo located at 217 W. 57th St. in Manhattan has been sold in a transaction facilitated by Sarah Williams from Societe Real Estate. The seller, EXTELL, was represented by Gary Barnett. The sale price for the property was $13,018,810, with a square footage of 2,494. The price per square foot was $5,220.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $13,018,810
  • Square Footage: 2,494
  • Price per Square Foot: $5,220
  • Seller: EXTELL - Gary Barnett
  • Broker: Sarah Williams - Societe Real Estate

This transaction involved the sale of a condo at 217 W. 57th St. in Manhattan. The seller, EXTELL, was represented by Gary Barnett, while the buyer was represented by Sarah Williams from Societe Real Estate. The property was sold for a price of $13,018,810, with a square footage of 2,494. Sarah Williams played a pivotal role in facilitating the deal and ensuring a successful transaction.

Players

Sarah Williams

Societe Real Estate

Broker

$118.6M

vol

8 deals

Broker
Gary Barnett

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

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93