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336 West 46th Street, New Y...

Updated Dec 19, 2023

Shlomit Levy Acquires Mixed Use Property In Clinton - Hell's Kitchen For $7.7M
SOLDMixed-use

Shlomit Levy Acquires Mixed Use Property In Clinton - Hell's Kitchen For $7.7M

336 West 46th Street, New York, NY, USA

$7,745,625

$833/SF

Building Size

9,299 SF

Asset Type

Mixed-use

Closing

Mar 10, 2021

About this deal

AI

Two mixed-use properties located at 334 & 336 West 46 Street in the Clinton - Hell's Kitchen neighborhood of Manhattan have been sold in a recent transaction. The properties are zoned as R8, CL, C1-5, allowing for mixed-use development. The buyer, Shlomit Levy, acquired the properties from the seller, Salim Assa, for a price of $7,745,625.

Summary of transaction details:

  • Property Type: Mixed Use
  • Transaction Amount: $7,745,625
  • Market: Clinton - Hell's Kitchen, Manhattan
  • Lot Size: 4,020
  • Last Sale Price: $9,500,000 (12/24/2013)
  • Lot Dimension: 40 ft x 100.42 ft

The properties have a total building square footage of 36,300, resulting in a price per square foot of $213. Additionally, the total lot size is 9,299 square feet, resulting in a price per square foot of land of $833. The properties have a floor area ratio (FAR) of 1.03 and a tax class of 2A.

It is worth noting that the previous sale price of the properties was $9,500,000 on December 24, 2013.

Players

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $833 per square foot on a published $7.7M for 9,299 square feet (2021).

Browse New York mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.05%

Cash-on-Cash

-0.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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