facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Office

/

Sale

/

131 West 35th Street

Bared Monkey Purchases Office Space At 131 West 35th Street From Elfa International For $2.6M
SOLDOffice

Bared Monkey Purchases Office Space At 131 West 35th Street From Elfa International For $2.6M

131 West 35th Street

$2,600,000

$336/SF

Building Size

7,725 SF

Asset Type

Office

Closing

Jan 16, 2025

AI

This office asset located at 131 West 35th Street is situated in the Midtown South market. The property was sold for $2,600,000, encompassing a total of 7,725 square feet, resulting in a price per square foot of $336.

Summary of transaction details:

The transaction saw buyer-user Bared Monkey acquire the property, which was originally listed for lease. The successful closing marks a noteworthy adaptation in the local real estate market, finalizing the deal on January 16, 2025.

Players

Christopher Okada

Okada & Company

Broker

$352.8M

vol

86 deals

Broker

New York Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93