Gunju Hwang Purchases Luxury Condo From Gary Barnett At 50 West 66th Street For $35.73M
50 West 66th Street
$35,730,500
$7,324/SF
Building Size
4,878 SF
Asset Type
Condo
Closing
May 11, 2026
AI
A 4,878-square-foot luxury condo located at 50 West 66th Street in Manhattan's Lincoln Square has been sold for $35,730,500. This sale reflects a price per square foot of $7,325.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $35,730,500
- Square Footage: 4,878
- Price per Square Foot: $7,325
- Buyer: Gunju Hwang
- Seller: Gary Barnett - Extell Development
The transaction involves Gunju Hwang as the buyer and Gary Barnett representing Extell Development as the seller. This ultra-prime residential transaction underscores the ongoing demand for high-end properties in the Lincoln Square area.
Players
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
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93