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Gary Barnett Of Extell Development Sells Condo At 50 West 66th Street For $17,052,817
SOLD
$17,052,817
New York
See Similar DealsCondo2,816 SF
Sold 06/04/2026
SOLD
Gary Barnett Of Extell Development Sells Condo At 50 West 66th Street For $17,052,817
50 West 66th Street
See Similar DealsCondo2,816 SF
Sold 06/04/2026
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$6,055
Total Square Footage:2,816 SF
Transaction Type:Sale
A condominium has been sold at 50 West 66th Street in Manhattan's Lincoln Square. The property spans 2,816 square feet and was sold for $17,052,817 at a price per square foot of $6,056.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $17,052,817
- Square Footage: 2,816
- Price per Square Foot: $6,056
- Seller: Gary Barnett - Extell Development
- Sale Date: June 4, 2026
The transaction involved Gary Barnett representing Extell Development as the seller of the condominium property, emphasizing the role of a prominent developer in the luxury real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$909,483.58
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$60,585.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$80,839.05
Annual Debt Service$970,068.63
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