211 West 84th Street
This is a high-quality luxury residential sale in one of Manhattan's most sought-after submarkets, the Upper West Side, transacted at $4,157 per square foot — consistent with or slightly below comparable penthouse sales at the same building ranging from $2,198 to $4,295 PPSF. The seller, Naftali Group, is an established and reputable luxury developer with a strong track record exceeding $3.8B in volume, lending significant credibility to the asset's quality and finish level. The buyer, 211WTYL LLC, is an opaque single-purpose entity which is standard for high-net-worth condo acquisitions in NYC and does not raise material concern. From an underwriting perspective, the deal exhibits no visible distress indicators — no liens, foreclosure, litigation, or defaults are evident — and the comps support the pricing as market-rate for this building and submarket. The primary underwriting risk is the illiquid nature of ultra-luxury single-unit residential assets and the absence of confirmed financing details, though the clean transaction history and sponsor pedigree substantially mitigate overall deal risk.
Deal Stats
Parties
Seller / Landlord
Miki Naftali & Danielle Naftali - Naftali Group
Miki Naftali and the Naftali Group are a highly regarded luxury residential developer based in New York City with over $3.8B in transaction volume across 26 recorded deals. The firm is known for delivering high-end boutique condominium projects on the Upper West Side and other prime Manhattan neighborhoods, with 211 West 84th Street representing one of their marquee developments.
Buyer / Tenant
211WTYL LLC
211WTYL LLC appears to be a single-purpose LLC formed for this acquisition, a common structure used by high-net-worth individuals purchasing luxury residential property in Manhattan to preserve privacy and limit liability. The entity name mirrors the property address, suggesting a dedicated vehicle for this specific penthouse purchase.
Score Analysis
Why this score
Seller Credibility & Track Record
Naftali Group's $3.8B transaction volume and 26 recorded deals establish strong developer pedigree and project quality assurance.
Pricing Alignment with Comparables
At $4,157/SF, the transaction price sits within the documented comp range ($2,198-$4,295 PPSF) for the same building, indicating fair market valuation.
Ultra-Luxury Asset Liquidity Risk
Single-unit penthouses in this price range face extended holding periods and buyer pool limitations, creating potential exit challenges.
Financing Transparency Gap
Absence of confirmed financing details (cash vs. leverage) prevents full underwriting assessment of buyer financial strength and deal stability.
Clean Transaction & Legal Status
No liens, foreclosure activity, litigation, or defaults evident provides strong confidence in asset quality and transaction legitimacy.
How to improve
The following actions could meaningfully improve this deal's Homage score. Each suggestion is based on the deal's profile, asset type, and current rating — addressing them before approaching a lender can increase approval likelihood and lower borrowing costs.
Obtain Financing Documentation
Confirm whether purchase was all-cash or leveraged, and if leveraged, document loan terms, LTV, and lender identity to validate buyer financial capacity.
Expand Comparable Sales Analysis
Supplement building comps with recent Upper West Side penthouse sales from competing buildings and developments to validate submarket pricing trends.
Conduct Beneficial Ownership Verification
Pierce the 211WTYL LLC entity structure through state filings or due diligence to confirm legitimate high-net-worth buyer identity and eliminate shell company risk.
Raw Deal Textclick to expand
Submit Growing Financial Partnerships For Over 30 Years. Get Started Deals New York Condo Sale 211 West 84th Street Daily limit: 4/10 211WTYL LLC Acquires Penthouse Condo At 211 West 84th Street For $22,092,035 SOLD $22,092,035 5,314 SF Sold 2 weeks ago the deal players comps contact related Summary NEW YORK Asset Type: Price Per Square Foot: $4,157 Total Square Footage: Transaction Type: The asset involved in the transaction is a penthouse condo located at 211 West 84th Street in Manhattan's Upper West Side. The property encompasses a total of 5,314 square feet and was sold for $22,092,035, equating to a price per square foot of $4,157. Summary of transaction details: Property Type: Condo Transaction Amount: $22,092,035 Address: 211 West 84th Street, Upper West Side, Manhattan Square Footage: 5,314 Price per Square Foot: $4,157 Buyer: 211WTYL LLC Seller: Miki Naftali & Danielle Naftali - Naftali Group Transaction Date: May 17, 2026 Miki Naftali and Danielle Naftali, representing the Naftali Group, facilitated the sale of the condo to the buyer, 211WTYL LLC. This transaction represents a high-end residential sale within a prime Manhattan location. See More Players All Buyers | Sellers Miki Naftali 26 deals $3.8B volume SELLER Details Deal Summary IMAGE: Miki Naftali & Danielle Naftali DATE: 05/17/2026 ADDRESS: 211 West 84th Street MARKET: Upper West Side, Manhattan ASSET TYPE: Condo BUYER: 211WTYL LLC SELLER: Miki Naftali & Danielle Naftali - Naftali Group SALE PRICE: $22,092,035 SF: 5,314 - PPSF: $4,157 NOTE: Naftali Group sold a 5,314-square-foot penthouse condo at 211 West 84th Street on Manhattan's Upper West Side to 211WTYL LLC for $22,092,035. The high-end residential transaction closed on May 17, 2026, at a premium rate of $4,157 per square foot. Email New York | @tradedny Comps 10 These are similar deals based on proximity and similarity to the subject deal. Adam Kom Purchases Condo From Miki Naftali At 211 West 84th Street For $28.69M New York | Condo | PPSF: $4295 04/30/2026 Adam And Suzane Zimbler Acquire Condo At 211 West 84th Street For $17M From Miki Naftali New York | Condo | PPSF: $2198 05/10/2026 Tiamat Properties Revocable Trust Purchases Condo At 211 West 84th Street For $17 Million New York | Condo | PPSF: $2202 Alice Sareen Purchases Condo At 211 West 84th Street Manhattan From Miki Naftali For $16.36M New York | Condo | PPSF: $3297 01/28/2026 Alexander Lasry Purchases Condo At 535 West End Avenue For $20.65 Million From Tamar A Wolchok And Simona Ganz New York | Condo | PPSF: $2901 12/08/2025 Landsea Homes Acquires 20 Condo Units On Upper West Side From Congregation Shaare Zedek For $24.5M New York | Condo 06/22/2023 Thomas Wexler Sells 360 Central Park West Condo For $15M In New York New York | Condo | PPSF: $3750 06/20/2023 Susan Weber Sells Upper West Side Condo For $20.5M New York | Condo | PPSF: $3416 11/22/2023 Robert Lourie Purchases 4,700 Square Foot Condo On Amsterdam Avenue For $19.6 Million New York | Condo | PPSF: $4170 09/25/2025 Manhattan Condo At 200 Amsterdam Avenue Sold For $20.1 Million With Serhant Brokers New York | Condo | PPSF: $4302 02/12/2025 Contact Get in touch with the broker you want Name Phone (optional) Message I'm an agent These are similar buyers of Condo properties in this price range based Unlock All Profiles Unlimited deal views Access investor profiles & contacts Exclusive comps & market data These are similar brokers based on this deal Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map. NEW! Search No recent news available for this market No active listings available for this market Suggestions Analyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results. Deal Type SALE LOAN LEASE Purchase Price Loan-to-Value (%) Interest Rate (%) Amortization Period 30 years Loan Term 10 years Operating Income Gross Potential Rent (Annual) Vacancy Rate (%) Operating Expenses (Annual) Property Tax Insurance Maintenance Utilities Management Reserves Reset Net Operating Income (NOI) $1,178,241.86 Debt Service Coverage Ratio (DSCR) 0.94x DSCR below 1.0x - deal does not cover debt service Cap Rate 5.33% Cash Flow (Annual) -$78,488.34 Cash-on-Cash Return -1.27% Monthly Debt Service $104,727.52 Annual Debt Service $1,256,730.20 Is there something missing? 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