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641 West 42nd Street

Liron David Of Eventique Purchases Retail Condo From Joseph Moinian For $8.8M In Hell's Kitchen
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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

Liron David

Eventique

Buyer

$8.8M

vol

1 deal

Buyer
Eventique
EventiqueBuyer

Joseph Moinian

The Moinian Group

Seller

$491.8M

vol

10 deals

Seller

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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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