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.
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