36TH ST, LLC Acquires 4 Story Walkup Building In Hudson Yards Area For $8M

A 4-story walk-up building located at 468-470 9th Avenue in the Hudson Yards Area of Manhattan, New York, was recently sold for $8,000,000. The property, owned by the Luis G Marti Living Trust, was purchased by a group of investors led by HPNY, represented by Josh Pomerantz, from 36TH ST, LLC. The transaction took place on January 20, 2018. The building consists of 11 apartments and 4 stores, totaling 15 units with a square footage of 16,808. The price per square foot was $475, and the price per unit was approximately $533,000.

Summary of transaction details:

• Property Type: 4 Story Walkup Building
• Transaction Amount: $8,000,000
• Address: 468-470 9th Avenue, New York
• Market: Hudson Yards Area, Manhattan
• Buyer: 36TH ST, LLC - A group of investors led by HPNY
• Seller: Luis G Marti Living Trust
• Broker: Josh Pomerantz - HPNY
• Square Footage: 16,808
• Price per Square Foot: $475
• Units: 15 (11 Apartments and 4 stores)
• Price per Unit: $533,000

Josh Pomerantz, representing HPNY, played a key role in facilitating the sale of the property. The transaction brought together the Luis G Marti Living Trust as the seller and 36TH ST, LLC as the buyer. The 4-story walk-up building offers a lucrative investment opportunity in the Hudson Yards Area of Manhattan.