Erik Swenson Purchases Condo At 255 East 77th Street From Miki Naftali For $25.84M
255 East 77th Street
$25,840,287
$4,684/SF
Building Size
5,516 SF
Asset Type
Condo
Closing
Oct 9, 2026
About this deal
AI
The transaction involved a penthouse condo located at 255 East 77th Street in Lenox Hill, Manhattan. The asset was sold for $25,840,287, encompassing a total area of 5,516 square feet. The price per square foot for this transaction was $4,685.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $25,840,287
- Buyer: Erik Swenson
- Seller: Miki Naftali - Naftali Group
- Square Footage: 5,516
- Price Per Square Foot: $4,685
- Date of Transaction: October 9, 2026
Erik Swenson was the buyer in this transaction, purchasing the property from seller Miki Naftali of the Naftali Group. The involvement of these parties indicates a direct exchange within a notable market segment in Manhattan.
On the Map
$25,840,287
$4,684/SF
Condo
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Players
West Point Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $4.7K per square foot on a published $25.8M for 5,516 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.61%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93