Alfa Development sells Gramercy penthouse for $10.8M

The entity Fredrikshov LLC paid Alfa Development’s Alfa Gramercy Park LLC $10.8 million for the penthouse condo unit PH at 200 East 21st Street in Gramercy. The deal closed on March 23, 2021 and was recorded on April 2, 2021. The transaction consists of 1 parcel, including the tax class residential condo in Acris (SC). The property is 3,797 square feet. The parcel(s) have total development potential of 3,797 square feet.
The average sale price per square foot is $2,844.
The asking price was $13.5 million, according to StreetEasy.

The contract date was February 22, 2021. The condo project was developed by Michael Namer’s Alfa Development.
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