SOLDCondo
Forest View Partners 3 LLC Acquires Condo From Alex Witkoff At 500 West 18th Street For $10.5M
500 West 18th Street
$10,500,000
$3,965/SF
Building Size
2,648 SF
Asset Type
Condo
Closing
Apr 14, 2026
AI
A condo unit located at 500 West 18th Street in Chelsea was part of a closed sale. The asset has a sale price of $10,500,000 and spans 2,648 square feet, resulting in a price per square foot of approximately $3,965.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $10,500,000
- Address: 500 West 18th Street, Chelsea, Manhattan
- Buyer: Forest View Partners 3 LLC
- Seller: Alex Witkoff - Witkoff
- Square Footage: 2,648
- Price Per Square Foot: $3,965
Forest View Partners 3 LLC acquired the condo from Alex Witkoff, representing a significant transaction in the Manhattan real estate market.
Players
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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93