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Kenneth Hahn Purchases Condo At 50 West 66th Street In Manhattan For $23,991,875
SOLD
$23,991,875
New York
See Similar DealsCondo3,395 SF
Sold 05/25/2026
SOLD
Kenneth Hahn Purchases Condo At 50 West 66th Street In Manhattan For $23,991,875
50 West 66th Street
See Similar DealsCondo3,395 SF
Sold 05/25/2026
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$7,066
Total Square Footage:3,395 SF
Transaction Type:Sale
A luxury condo unit located at 50 West 66th Street in Manhattan's Lincoln Square was sold for $23,991,875. The asset spans 3,395 square feet, resulting in a price per square foot of $7,067.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $23,991,875
- Buyer: Kenneth Hahn
- Seller: Gary Barnett - Extell Development
- Square Footage: 3,395
- Price per Square Foot: $7,067
Kenneth Hahn acquired the residential asset from Gary Barnett's Extell Development. The transaction reflects a premium price for the luxury unit in a desirable location.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,279,566.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$85,238.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$113,733.73
Annual Debt Service$1,364,804.73
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