One57 unit 88 sells for $28M, 41% off original sale price

The entity OFS Property LLC paid Pacific American Corporation affiliate’s Pac Air, L.L.C. $28 million for condo unit 88 at One57 at 157 West 57th Street in Midtown West. The deal closed on May 29, 2020, and was recorded on June 4, 2020. The transaction consists of 1 parcel, including the tax class residential condo in Acris (SC). The property is 6,231 square feet. The parcel(s) have total development potential of 6,231 square feet.
The average sale price per square foot is $4,494.

Pacific American Corporation bought the unit 88 on March 18, 2015, for $47,367,491.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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