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Aya Acquisitions Acquires Mixed-Use Property On West 42nd Street For $20M

Property Image
SOLD
$20,000,000
Robert (Bob) Knakal
Jonathan (Jon) Hageman
+ 2

Texas

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Mixed-use27,932 SF
Sold 03/29/2023
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Property Image
SOLD

Aya Acquisitions Acquires Mixed-Use Property On West 42nd Street For $20M

321-325 West 42nd Street

See Similar Deals
Mixed-use27,932 SF
Sold 03/29/2023
Robert (Bob) Knakal
Jonathan (Jon) Hageman
+ 2
Contact now

Summary

TEXAS
Asset Type:Mixed-use
Price Per Square Foot:$716
Total Square Footage:27,932 SF
Transaction Type:Sale

The mixed-use property located at 321-325 West 42nd Street in Midtown West, Manhattan has been sold in a closed transaction. The property spans across 27,932 square feet and was sold for a price of $20,000,000, resulting in a price per square foot of $716.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $20,000,000
  • Square Footage: 27,932
  • Price Per Square Foot: $716
  • Address: 321-325 West 42nd Street, Midtown West, Manhattan

The buyer in this transaction is Aya Acquisitions, represented by Amir Shriki. The sale of the property was facilitated by brokers Robert Knakal, Jonathan Hageman, Hall Oster, and Jacob Russell from JLL.

Players

Jonathan (Jon) Hageman
59 deals$2.5B volume(212) 812-5995
BROKER

Robert (Bob) Knakal
BK Real Estate Advisors
64 deals$3.2B volume(907) 509-9501
BROKER

Hall Oster
JLL
88 deals$2.1B volume
BROKER

Jacob Russell
JLL
5 deals$117M volume
BROKER

Amir Shriki
10 deals$460.3M volume
BUYER

Details

SOLD
IMAGE: Robert Knakal, Jonathan Hageman, Hall Oster & Jacob Russell DATE: 03/29/2023 ADDRESS: 321-325 West 42nd Street MARKET: Midtown West, Manhattan ASSET TYPE: Mixed-use BUYER: Aya Acquisitions - Amir Shriki BROKERS: Robert Knakal (@BobKnakalNYC), Jonathan Hageman, Hall Oster & Jacob Russell - JLL SALE PRICE: $20,000,000 SF: 27,932 ~ PPSF: $716

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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