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
About this deal
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.
On the Map
$13,018,810
$5,220/SF
Condo
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Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $5.2K per square foot on a published $13M for 2,494 square feet (2022).
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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