211 West 84th Street
This is a straightforward luxury condo sale of a 7,733 SF penthouse on the Upper West Side at $2,198 per square foot, a price point that is consistent with but not exceptional for ultra-luxury UWS new development inventory. The seller, Naftali Group, carries strong institutional credibility with a deep track record of luxury condo development and sell-through in Manhattan, lending confidence to the asset quality and construction standards. The buyers appear to be end-user purchasers rather than investors, which limits income-based underwriting applicability — the calculator-derived NOI and DSCR metrics are largely academic for this asset class. From a lending perspective, the absence of any distress indicators, liens, litigation, or violations supports a clean title profile, though the lack of disclosed financing terms introduces some uncertainty around leverage. Comparable sales liquidity in the UWS luxury penthouse segment is moderate, with limited true comps above $15M, which could affect exit valuation precision in a downturn scenario.
Deal Stats
Parties
Seller / Landlord
Miki Naftali - Naftali Group
Miki Naftali is the founder and CEO of Naftali Group, a prominent NYC-based luxury residential developer with over $3.8 billion in transaction volume across 26 deals; the firm is well known for delivering high-end condominium developments in prime Manhattan markets including the Upper West Side, Chelsea, and Midtown.
Buyer / Tenant
Adam Zimbler & Suzane Zimbler
Adam and Suzane Zimbler appear to be high-net-worth private buyers acquiring a luxury residential penthouse for personal use; no significant institutional or investor track record is publicly documented, suggesting this is a lifestyle or primary residence purchase at the upper tier of the UWS market.
Score Analysis
Why this score
Seller Institutional Credibility
Naftali Group's $3.8B transaction volume and 26-deal track record in luxury Manhattan development significantly reduces asset quality and construction standard risk.
End-User Acquisition (Non-Investor)
While the Zimblers' personal residence purchase indicates strong demand at this price tier, it limits income-based underwriting applicability and reduces traditional investment metrics relevance.
Limited Ultra-Luxury Comp Availability
Scarcity of comparable sales above $15M on the UWS creates valuation precision risk and potential liquidity constraints in a market downturn.
Clean Title & Absence of Distress
No disclosed liens, litigation, or violations support a straightforward transaction with minimal legal encumbrances.
Undisclosed Financing Terms
Lack of leverage information prevents accurate debt service and capital structure assessment, introducing uncertainty around buyer equity position.
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 Full Financing Documentation
Secure loan amount, term, rate, and lender details to calculate actual leverage ratios and validate buyer equity cushion.
Conduct deep-dive comp study of recent UWS penthouses ($12M-$20M range) to validate $2,198/SF pricing against market norms and support exit valuation confidence.
Verify Naftali Group Project Track Record
Document sell-through timelines, price appreciation, and buyer retention rates across Naftali's recent UWS developments to strengthen asset quality confidence.
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: 10/10 Adam And Suzane Zimbler Acquire Condo At 211 West 84th Street For $17M From Miki Naftali SOLD $17,000,000 7,733 SF Sold 3 weeks ago the deal players comps contact related Summary NEW YORK Asset Type: Price Per Square Foot: $2,198 Total Square Footage: Transaction Type: A 7,733-square-foot condominium penthouse located at 211 West 84th Street in Manhattan's Upper West Side has been sold for $17 million. The property was purchased at a price of approximately $2,198 per square foot. Summary of transaction details: Property Type: Condo Transaction Amount: $17,000,000 Square Footage: 7,733 Price Per Square Foot: $2,198 Buyer: Adam Zimbler & Suzane Zimbler Seller: Miki Naftali - Naftali Group The transaction involved buyer representation by Adam Zimbler and Suzane Zimbler, with Miki Naftali of the Naftali Group representing the seller in the deal. See More Players All Buyers | Sellers Miki Naftali 26 deals $3.8B volume SELLER Details Deal Summary IMAGE: Miki Naftali DATE: 05/10/2026 ADDRESS: 211 West 84th Street MARKET: Upper West Side, Manhattan ASSET TYPE: Condo BUYER: Adam Zimbler & Suzane Zimbler SELLER: Miki Naftali - Naftali Group SALE PRICE: $17,000,000 SF: 7,733 - PPSF: $2,198 NOTE: Miki Naftali’s Naftali Group has sold a 7,733-square-foot condominium penthouse at 211 West 84th Street on Manhattan's Upper West Side for $17 million. Buyers Adam and Suzane Zimbler acquired the luxury asset for approximately $2,198 per square foot. Email New York | @tradedny 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 on this deal 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) $906,666.67 Debt Service Coverage Ratio (DSCR) 0.94x DSCR below 1.0x - deal does not cover debt service Cap Rate 5.33% Cash Flow (Annual) -$60,397.40 Cash-on-Cash Return -1.27% Monthly Debt Service $80,588.67 Annual Debt Service $967,064.08 Is there something missing? Send suggestions We are telling CRE's story Traded is the #1 source for cutting edge CRE transactions & insights. States National Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming News Agents Agencies About About Us FAQ Testimonials Help Help Center Return Policy © 2026 Traded Media LLC . All rights reserved. Terms & Conditions Privacy Disclaimer Cookie Policy Do Not Sell My Info Acceptable Use Sign in to view more deals Create a free account or sign in to continue viewing deals. Forgot password? Continue OR Google Outlook New to Traded? Sign up