Trevor Noah Sells Hell's Kitchen Condo To Marcus Evans For $9.5M
425 W 50th St New York, NY 10019, USA
$9,500,000
$2,641/SF
Building Size
3,596 SF
Asset Type
Condo
Closing
Sep 8, 2023
AI
The property at 425 West 50th Street in Hell's Kitchen, Manhattan has been sold. The condo, owned by former host of Comedy Central's "The Daily Show," Trevor Noah, was purchased by Marcus Evans, an organizer of global business, sports, and entertainment events. The sale price for this 3,596-square-foot property was $9.5 million, resulting in a price per square foot of $2,642.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $9,500,000
- Square Footage: 3,596 SF
- Address: 425 West 50th Street, Hell's Kitchen, Manhattan
- Seller: Trevor Noah
- Buyer: Marcus Evans
- Broker: Nick Gavin - Compass
- Market: Hell's Kitchen, Manhattan
Trevor Noah's Hell's Kitchen penthouse was sold to Marcus Evans through the representation of broker Nick Gavin from Compass. The property garnered significant attention due to its high-profile former owner and the reputation of the buyer in organizing global events in various industries. This transaction exemplifies the robust real estate market in Hell's Kitchen, Manhattan, attracting buyers from diverse backgrounds.
Players
Saint Maries 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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93