Shriya Paliwal Property Trust Purchases Luxury Condo From Alex Witkoff For $9.5M In Manhattan
500 West 18th Street
$9,500,000
$3,601/SF
Building Size
2,638 SF
Asset Type
Condo
Closing
Aug 17, 2026
About this deal
AI
500 West 18th Street is a luxury condo located in Manhattan, featuring 2,638 square feet of living space. The property was sold for $9,500,000, translating to a price per square foot of $3,601, reflecting its high-end market valuation.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $9,500,000
- Address: 500 West 18th Street, Manhattan
- Square Footage: 2,638
- Price per Square Foot: $3,601
- Buyer: Shriya Paliwal Property Trust - Dinesh Paliwal as trustee
- Seller: Alex Witkoff - Witkoff
- Date of Transaction: 08/17/2026
Alex Witkoff represented himself in this transaction, selling the condo to the Shriya Paliwal Property Trust, which is managed by Dinesh Paliwal acting as trustee.
On the Map
$9,500,000
$3,601/SF
Condo
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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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93