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

Property Image
SOLD
$2,600,000
Justin Harris
Christopher (Chris) Okada
+ 2

New York

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Office7,725 SF
Sold
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Property Image
SOLD

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

131 West 35th Street

See Similar Deals
Office7,725 SF
Sold
Justin Harris
Christopher (Chris) Okada
+ 2
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$336
Total Square Footage:7725 SF
Transaction Type:Sale

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 (Chris) Okada
80 deals$352.8M volume
BROKER

Michael Rudder
Rudder Property Group
23 deals$198.3M volume
BROKER

Justin Harris
12 deals$63.5M volume
BROKER

Thomas Capuano
Okada & Company
24 deals$2.6M volume
BROKER

Elena Ivanova
Okada & Company
7 deals$2.6M volume(212) 244-4240
BROKER

Details

SOLD
IMAGE: Thomas Capuano, Elena Ivanova, Christopher Okada, Justin Harris & Michael Rudder DATE: 01/16/2025 ADDRESS: 131 West 35th Street MARKET: Midtown South ASSET TYPE: Office BUYER: Bared Monkey (@BaredMonkey) SELLER: Edward Assile - Elfa International (@ElfaInternational) BUYER'S REP: Michael Rudder (@MichaelRudder) & Justin Harris (@JustinHarris199) - Rudder Property Group (@RudderPropertyGroup) SELLER'S REP: Christopher Okada @ChrisOkada), Elena Ivanova (@RentSellNYC) & Thomas Capuano (@Thomas_Capuano) - Okada & Company (@OkadaCo) SALE PRICE: $2,600,000 SF: 7,725 ~ PPSF: $336 NOTE FROM BROKER: Deal Closed at 131 W 35th St, 3rd Floor! Originally listed for lease, this versatile 3rd-floor space ultimately found its perfect match in a sale to buyer-user Bared Monkey Company. A testament to adaptability—sometimes the right deal takes an unexpected turn!

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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