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255 East 77th Street

Craig Schmidtke Purchases Condo From Miki Naftali's Naftali Group For $5.96M In Manhattan
SOLDCondo

Craig Schmidtke Purchases Condo From Miki Naftali's Naftali Group For $5.96M In Manhattan

255 East 77th Street

$5,961,180

$2,281/SF

Building Size

2,613 SF

Asset Type

Condo

Closing

May 18, 2026

AI

Craig Schmidtke purchased a condo at 255 East 77th Street in Manhattan for $5,961,180. The property measures 2,613 square feet, resulting in a price per square foot of $2,281. This transaction reflects ongoing interest in luxury new construction within the locale.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $5,961,180
  • Buyer: Craig Schmidtke
  • Seller: Miki Naftali - Naftali Group
  • Square Footage: 2,613
  • Price Per Square Foot: $2,281
  • Sale Date: May 18, 2026

Miki Naftali, representing Naftali Group, facilitated the sale of the condo to Craig Schmidtke, enabling a successful transaction within the competitive Manhattan real estate market.

Players

Miki Naftali

Naftali Group

Seller

$3.9B

vol

31 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

2.66%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93