Rebecca R. Miller Purchases Condo From Alex Witkoff For $25,959,338 In Chelsea Manhattan
500 West 18th Street
$25,959,338
Building Size
—
Asset Type
Condo
Closing
Oct 13, 2026
About this deal
AI
A condo located at 500 West 18th Street in Chelsea, Manhattan was sold. The transaction closed at a price of $25,959,338. This asset type is identified as a luxury penthouse unit and is situated in a desirable residential market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $25,959,338
- Buyer: Rebecca R. Miller
- Seller: Alex Witkoff - Witkoff
- Transaction Date: 10/13/2026
- Address: 500 West 18th Street, Chelsea, Manhattan
The deal involved notable individuals including Rebecca R. Miller as the buyer and Alex Witkoff representing the seller through his firm, Witkoff. The sale of this Chelsea penthouse condo demonstrates ongoing activity within the high-end segment of the Manhattan residential market.
On the Map
$25,959,338
Condo
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Woodland Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93