facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Condo

/

Sale

/

50 West 66th Street

Raphael Dell Purchases Condo At 50 West 66th Street From Gary Barnett For $8.37M
SOLDCondo

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

Michael Lorber

Douglas Elliman

Broker

$262.5M

vol

38 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
Gary Barnett

Gary Barnett

Seller

$8.3B

vol

59 deals

Seller

New York Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

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