SOLDRetail
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
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.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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