Liron David Of Eventique Purchases Retail Condo From Joseph Moinian For $8.8M In Hell's Kitchen
641 West 42nd Street
$8,800,000
$600/SF
Building Size
14,649 SF
Asset Type
Retail
Closing
Sep 8, 2025
About this deal
AI
A retail condo located at 641 West 42nd Street in Hell’s Kitchen, Manhattan was sold for $8,800,000. The property encompasses a total of 14,649 square feet, resulting in a price per square foot of $601.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,800,000
- Square Footage: 14,649
- Price per Square Foot: $601
- Buyer: Liron David - Eventique
- Seller: Joseph Moinian - The Moinian Group
- Market: Hell’s Kitchen, Manhattan
Liron David represented Eventique in the purchase, while Joseph Moinian was representing The Moinian Group in the sale of the retail condo.
On the Map
$8,800,000
$600/SF
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
About $600 per square foot on a published $8.8M for 14,649 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.80%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93