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29 West 35th Street

Infinite Global Real Estate Partners Acquires Office Residential Conversion In Midtown South For $25M
SOLDOffice

Infinite Global Real Estate Partners Acquires Office Residential Conversion In Midtown South For $25M

29 West 35th Street

$25,000,000

$319/SF

Building Size

78,238 SF

Asset Type

Office

Closing

Oct 6, 2025

AI

The asset involved in this transaction is located at 29 West 35th Street in Midtown South. It is an office/residential conversion with a sale price of $25,000,000, encompassing 71,180 square feet, resulting in a price per square foot of $351.

Summary of transaction details:

  • Property Type: Office/Residential Conversion
  • Transaction Amount: $25,000,000
  • Address: 29 West 35th Street
  • Market: Midtown South
  • Square Footage: 71,180
  • Price per Square Foot: $351
  • Buyer: Infinite Global Real Estate Partners
  • Seller: LNR Partners
  • Broker Representatives: Zach Redding, Dylan Kane & Matt Mastrocola - Colliers

This transaction was facilitated by brokers Zach Redding, Dylan Kane, and Matt Mastrocola from Colliers, representing the buyer Infinite Global Real Estate Partners and the seller LNR Partners in this deal.

Players

Dylan Kane

Colliers

Broker

$2.9B

vol

58 deals

Broker
Colliers
ColliersBrokerage

New York 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

0.63%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93