Updated Mar 27, 2025
Anthony Hu Acquires Development Site At 8 West 45th Street From Zohar Ben-Dov For $38.5M
8 West 45th Street
$38,500,000
Building Size
—
Asset Type
Development Site
Closing
Mar 17, 2025
About this deal
AI
The asset involved in this transaction is a development site located at 8 West 45th Street in New York. The transaction was finalized for a total price of $38,500,000.00.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $38,500,000.00
- Buyer: Anthony Hu
- Seller: Zohar Ben-Dov
- Transaction Date: 03/17/2025
- Market: New York
Anthony Hu acted as the buyer in this transaction, while Zohar Ben-Dov represented the seller, facilitating the deal's successful closure.
The development site sale at 8 West 45th Street in New York, New York sold for $38.5M in 2025. 8 West 45th Street is classified as Development Site on Traded. Lev Kimyagarov, Rubin Isak, Anthony Hu, Gill Gabbay appear on the sale alongside Development Site Advisors. This page is the New York, New York file for the 8 West 45th Street development site sold: pricing, party profiles, and other closed development site comps from the same New York sit in the Market section below. Filter that New York development site set by closing date to see what else sold near 8 West 45th Street around 2025. Published consideration for 8 West 45th Street is $38.5M, dated 2025. Cite this Anthony Hu Acquires Development Site At 8 West 45th Street From Zohar Ben-Dov For $38.5M sale when underwriting similar development site product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93