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136 West 34th Street

Steven Roth Of Vornado Realty Trust Acquires Condos At 136 And 138 West 34th Street For $19.1M
SOLDCondo

Steven Roth Of Vornado Realty Trust Acquires Condos At 136 And 138 West 34th Street For $19.1M

136 West 34th Street & 138 West 34th Street

$19,100,000

$592/SF

Building Size

16,115 SF

Asset Type

Condo

Closing

Oct 17, 2025

AI

136 West 34th Street and 138 West 34th Street, located in the Chelsea market of Manhattan, were sold as condos for a combined transaction price of $19,100,000. The total built space amounts to 16,115 square feet, which breaks down to a price per square foot of $1,185.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $19,100,000
  • Buyer: Steven Roth - Vornado Realty Trust
  • Seller: David Dushey - Jenel Real Estate
  • Total Built Space: 16,115 SF
  • Price per Square Foot: $1,185
  • Air Rights: 33,257 SF

Steven Roth represents Vornado Realty Trust in the acquisition, while David Dushey represents Jenel Real Estate in the transaction.

Players

Vornado Realty Trust
Vornado Realty TrustBuyer

New York Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.83%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93