New York City · Home sale

500 West 18th Street Unit W25b in Manhattan sells for $8 million

A condominium at 500 West 18th Street Unit W25b, Manhattan sold for $8,000,000 on September 11, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published November 7, 2026

Sold September 11, 2026 · New York, New York

Aerial view of 500 West 18th Street Unit W25b, Manhattan with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: NYC Department of Finance. The photo can predate the sale.

Sale price: $8,000,000
Sold: September 11, 2026
Property type: Condominium
Living area: 2,036 sq ft
Year built: 2017

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgSeptember 11, 2026

Seller's estimated net sheet

500 West 18th Street Unit W25b, Manhattan

Sale price	$8,000,000
Prorations
Property tax proration (refund to seller)	$105,600
Commission
Real estate commission (5%)	$400,000
Title and settlement
Settlement / closing fee	$250
Seller's attorney fee	$1,500
Transfer taxes and recording
NY State real estate transfer tax	$32,000
NY State additional transfer tax (NYC residential $3M+)	$20,000
NYC real property transfer tax (residential)	$114,000
Other costs
Wire / courier / payoff processing	$75
Total deductions	$567,825
Estimated net to seller	$7,537,775

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NetSheet.orgSeptember 11, 2026

Buyer's estimated net sheet

500 West 18th Street Unit W25b, Manhattan

Purchase price	$8,000,000
New loan (80% of price)	$6,400,000
Down payment	$1,600,000
Title and settlement
Owner's title insurance policy	$28,897.55
Lender's title insurance policy	$7,063
Lender-required endorsements	$150
Settlement / closing fee	$250
Buyer's attorney fee	$2,000
Transfer taxes and recording
Mansion tax (NYC progressive, residential $1M+)	$180,000
NYC mortgage recording tax (borrower share)	$123,200
Deed recording fee	$250
Mortgage recording fee	$300
Prorations
Reimburse seller for prepaid taxes	$105,600
Lender charges
Loan origination (1%)	$64,000
Appraisal	$550
Credit report	$60
Underwriting / processing	$995
Flood certification	$25
Tax service fee	$80
Prepaids and escrow reserves
Prepaid interest	$22,794.52
Homeowner's insurance (12 months)	$32,000
Insurance escrow reserve (2 mo)	$5,333.33
Property tax escrow reserve (3 mo)	$33,000
Closing costs and prepaids	$606,548.40
Estimated cash to close	$2,206,548.40

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What these figures assume

A 5% total real estate commission.
The seller figure is before any mortgage payoff, which is not in the public record.
The buyer side assumes a conventional loan with 20% down.
Annual property tax estimated at 1.65% of price ($132,000).
Title and settlement fees are typical estimates, not quotes.

Selling in Manhattan?

New York City transfer tax and closing costs

A one-bedroom condo in Manhattan sold for $8,000,000. The unit at 500 West 18th Street closed on September 11, 2026.

An aerial photo shows the building is surrounded by other apartment and condo buildings.

The seller was 76 Eleventh Avenue Property Owner LLC. The buyer was Euisun Chung, according to city property records.

The unit has 2,036 square feet of living space, the tax roll shows. It was built in 2017. Listing data says it has one bedroom and two bathrooms.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in New York City?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $114,000 for the nYC real property transfer tax (residential) and $32,000 for the nY State real estate transfer tax. Who pays what follows New York City custom.

How much did the seller net?

By our estimate, the seller netted about $7,537,775. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $2,206,548 at closing. That covers the down payment and closing costs.

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500 West 18th Street Unit W25b, Manhattan, NY.

Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026091800531002. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.