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Martha Stewart's West Village Condo Sold For $31M With Richard Ziegelasch Of The Corcoran Group

Property Image
SOLD
$31,000,000
Richard Ziegelasch
MS

New York

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Condo9,500 SF
Sold 07/20/2023
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Property Image
SOLD

Martha Stewart's West Village Condo Sold For $31M With Richard Ziegelasch Of The Corcoran Group

Condo9,500 SF
Sold 07/20/2023
Richard Ziegelasch
MS
the dealplayerscompscontact
Contact now

Summary

Asset Type:Condo
Price Per Square Foot:$3,263
Total Square Footage:9,500 SF
Transaction Type:Sale

Martha Stewart's West Village triplex, previously owned by her daughter Alexis, has been sold for $31 million. The luxurious 9,500-square-foot condo features 600 square feet of outdoor space, sweeping Hudson River views, and a walk-in refrigerator. It is located in the West Village market and has a price per square foot of $3,263.

Summary of transaction details:

The deal involves Martha Stewart as the seller of the property. Richard Ziegelasch from The Corcoran Group served as Martha Stewart's broker in the transaction. The sale price of $31 million is significantly lower than the initial asking price of $53 million. This transaction marks the successful sale of Martha Stewart's triplex in the West Village market.

Players

Richard Ziegelasch
The Corcoran Group
Richard Ziegelasch
4 deals$120.3M volume(917) 519-9111
BROKER
MS
Martha Stewart
3 deals$39.4M volume
SELLER

Details

SOLD
IMAGE: Martha Stewart DATE: 07/20/2023 MARKET: West Village ASSET TYPE: Condo SELLER: Martha Stewart (@MarthaStewart) BROKER: Richard Ziegelasch (@Richard.Ziegelasch) - The Corcoran Group (@TheCorcoranGroup) SALE PRICE: $31,000,000 SF: 9,500 ~ PPSF: $3,263 NOTE: Martha Stewart's West Village triplex, previously owned by her daughter Alexis, has been sold for $31 million, significantly lower than its initial asking price of $53 million. The 9,500-square-foot residence, features luxurious amenities such as 600 square feet of outdoor space, sweeping Hudson River views, and a walk-in refrigerator.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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