facebook
Traded Co logo
Submit

@HUBBNYC Acquires Retail Condo And Parking Garage In Manhattan For $25.1M

Property Image
SOLD
George Martinecz
Brian Segall
+ 4

New York

See Similar Deals
Retail43,000 SF
Sold 11/29/2020
the dealplayerscompscontact
Property Image
SOLD

@HUBBNYC Acquires Retail Condo And Parking Garage In Manhattan For $25.1M

350 W 42nd St, New York, NY 10036, USA

See Similar Deals
Retail43,000 SF
Sold 11/29/2020
George Martinecz
Brian Segall
+ 4
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:43,000 SF
Transaction Type:Sale

The property involved in this transaction is a retail condominium unit and parking garage located at 350 West 42nd Street in Manhattan. The property spans 43,000 square feet with a price of $25,100,000, resulting in a price per square foot of $584.

Summary of transaction details:

  • Property Type: Retail Condominium Unit and Parking Garage
  • Transaction Amount: $25,100,000
  • Address: 350 West 42nd Street, New York
  • Market: Manhattan

The seller of the property is NY REIT, represented by Wendy Silverstein. The buyer is @HUBBNYC, represented by Johnny McCarthy and Jesse Terry. The brokerage firm involved in the deal is @RKFRetail, with Jeff Fishman as the broker.

Players

Jeff Fishman
7 deals$40.6M volume(212) 916-3362
BROKER

Andrew Jacobs
Berkshire Hathaway HomeServices
4 deals$27.7M volume
BROKER

Brian Segall
Newmark
14 deals$175.2M volume
BROKER

George Martinecz
Newmark
10 deals$66.9M volume
BROKER

Jonny McCarthy
HUBB NYC
4 deals$64.2M volume
BUYER

Wendy Silverstein
5 deals
SELLER

SELLER

Details

SOLD
IMAGE: HUBBNYC’s Johnny McCarthy and Jesse Terry and NY REIT’s Wendy Silverstein ADDRESS: 350 West 42nd Street CITY: New York MARKET: Manhattan ASSET TYPE: Retail Condominium Unit and Parking Garage PRICE: $25,100,000 SF: 43,000 PPSF: $584 SELLER: NY REIT – Wendy Silverstein BUYER: @HUBBNYC – Johnny McCarthy and Jesse Terry Brokers: @RKFRetail – Jeff Fishman, […]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00