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411 West 35th Street

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

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

411 West 35th Street & 445 West 35th Street

$170,000,000

$718/SF

Building Size

236,712 SF

Asset Type

MultiFamily

Closing

Feb 25, 2026

AI

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:

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.

Players

Adam Doneger

Newmark

Broker

$50.5B

vol

192 deals

Broker
Avery Silverstein
Verified Badge

Avery Silverstein

Newmark

Broker

$15.1B

vol

65 deals

Broker
Meyer Orbach

Meyer Orbach

GO Residential REIT

Buyer

$3.4B

vol

32 deals

Buyer
Jorge Madruga

Jorge Madruga

Maddd Equities

Seller

$749.5M

vol

23 deals

Seller
JC
Joy ConstructionSeller

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.09%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93