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35 Hudson Yards

Related Companies Sells 35 Hudson Yards Condo For $10.95M
SOLDCondo

Related Companies Sells 35 Hudson Yards Condo For $10.95M

35 Hudson Yards

$10,950,000

$3,186/SF

Building Size

3,436 SF

Asset Type

Condo

Closing

Mar 16, 2023

AI

The property asset involved in this transaction is a condo located at 35 Hudson Yards in the Downtown market. The sale took place on 03/16/2023.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $10,950,000
  • SF: 3,436
  • PPSF: $3,187
  • Seller: Related Companies - Stephen Ross & Jeff Blau
  • Brokers: Related Sales, LLC - Sherry Tobak

Stephen Ross and Jeff Blau, representing Related Companies, were the sellers of the property. Sherry Tobak of Related Sales, LLC acted as the broker in the deal. The condo was sold for $10,950,000 with a total area of 3,436 square feet, resulting in a price per square foot of $3,187.

Players

Sherry Tobak

Broker

$62.4M

vol

4 deals

Broker
Stephen Ross

Stephen Ross

Related Companies

Seller

$5.2B

vol

48 deals

Seller

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

1.45%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93