Raphael Dell Purchases Condo At 50 West 66th Street From Gary Barnett For $8.37M
50 West 66th Street
$8,371,337
$3,990/SF
Building Size
2,098 SF
Asset Type
Condo
Closing
Jun 4, 2025
AI
The property asset involved in this transaction is a condo located at 50 West 66th Street in Manhattan. The sale price for this property was $8,371,337, and it encompasses a total area of 2,098 square feet, resulting in a price per square foot of $3,990.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,371,337
- Address: 50 West 66th Street
- Market: Manhattan
- Square Footage: 2,098
- Price per Square Foot: $3,990
- Buyer: Raphael Dell
- Seller: Gary Barnett
- Buyer's Representative: Jared Halpern, Michael Lorber & Alexander Boriskin - Douglas Elliman
This transaction involved key individuals including Raphael Dell as the buyer and Gary Barnett as the seller. The buyer was represented by Jared Halpern, Michael Lorber, and Alexander Boriskin from Douglas Elliman, showcasing collaboration among real estate professionals in the execution of the deal.
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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93