Asaf Dror Acquires Office Building From Douglas Durst At 140 West 44th Street For $5,415,088
140 West 44th Street
$5,415,088
$1,805/SF
Building Size
3,000 SF
Asset Type
Office
Closing
Apr 23, 2026
About this deal
AI
The asset involved in this transaction is an office building located at 140 West 44th Street in Manhattan. The property encompasses 3,000 square feet and was sold for a total of $5,415,088. The price per square foot is calculated at $1,805.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,415,088
- Square Footage: 3,000
- Price Per Square Foot: $1,805
- Buyer: Asaf Dror
- Seller: Douglas Durst - The Durst Organization
- Date of Transaction: April 23, 2026
- Market: Manhattan
This transaction reflects a strategic acquisition by Asaf Dror from Douglas Durst, a notable figure representing The Durst Organization. The deal highlights a significant transfer of assets within Manhattan’s commercial real estate landscape.
Players
Market Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.93%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93