Meyer Orbach Of GO Residential REIT Acquires Multifamily Property For $170 Million In Hudson Yards

The property asset involved in the transaction consists of two multifamily buildings located at 411 West 35th Street and 445 West 35th Street in the Hudson Yards market. The sale price for the property was $170,000,000, encompassing a total square footage of 236,712. The price per square foot is reported as $718.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $170,000,000
• Address: 411 West 35th Street & 445 West 35th Street
• Market: Hudson Yards
• Buyer: Meyer Orbach - GO Residential REIT
• Seller: Eli Weiss - Joy Construction & Jorge Madruga - MADDD Equities
• Brokers: Adam Spies, Douglas Harmon, Adam Doneger, Joshua King, Marcella Fasulo, Avery Silverstein & Michael Collins - Newmark
• Total Square Footage: 236,712
• Price Per Square Foot: $718

This transaction highlights the involvement of various key individuals and firms in the multifamily asset acquisition. Meyer Orbach represented the buyer with GO Residential REIT, while Eli Weiss and Jorge Madruga acted as sellers representing Joy Construction and MADDD Equities, respectively. The brokerage team facilitating the transaction comprised Adam Spies, Douglas Harmon, Adam Doneger, Joshua King, Marcella Fasulo, Avery Silverstein, and Michael Collins, all associated with Newmark.