Victor Group sells Chelsea condo for $11.8M

David W. Mills and Anne Devereux-Mills through the entity Ad Venture 22, LLC paid $11.8 million to Victor Group through the entity Vhs 239, LLC for condo (SC) at The Getty at 503 West 24th Street in Chelsea, Manhattan.
The deal closed on June 11, 2021 and was recorded on August 5, 2021.
The property has 5,548 square feet of built space according to PincusCo analysis of city data. The sale price per built square foot is $2,126 per the PincusCo analysis.
The signatory for Victor Group was Ran Korolik. The signatory for David W. Mills and Anne Devereux-Mills was Joshua G. Fensterstock.
(121186983)The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 5 residential units on June 19, 2020.
This is for unit 4 of the Getty condo.
There was a condominium project filed with the address 503 West 24th Street and the name Getty Condominium (the) on July 14, 2015. The principals of the sponsor, Vhs 239 Llc, was Moshe Shuster. link

Within a 400-foot radius of 503 West 24th Street, PincusCo identified three commercial real estate items of interests occurred over the past 24 months.
Of those three items, two were sales above $5 million totaling $82.3 million. The most recent of the two was Marcus James Dougherty which bought one condo unit in the 5,642-square-foot, seven-unit mixed-use building (RM) on 503 West 24th Street for $10.2 million from Victor Group on July 1, 2021.
One of those three items was a loan which Feil Organization borrowed $65.2 million from Granite Point Mortgage Trust secured by the 90,436-square-foot, 33-unit office building (O3) on 516 West 25th Street on December 19, 2019.

Direct link to Acris document. link