Joshua Einhorn Acquires Mixed-Use Property In Hell's Kitchen For $3.8M
354 West 44th Street
8,000 SF
Summary
A mixed-use property located at 354 West 44th Street in Hell's Kitchen has been sold for $3,800,000. The property, situated within the Special Clinton District, consists of 10,500 square feet of buildable space (BSF) with a price per buildable square foot (PPBSF) of $361. The total square footage (SF) is 8,000, with a price per square foot (PPSF) of $475. The property includes 6 units, comprising 5 residential units and 1 bar/restaurant. The buyer, Joshua Einhorn, acquired the property, which includes a carriage house in the rear, delivered vacant.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,800,000
- Address: 354 West 44th Street, Hell's Kitchen
- Market: Hell's Kitchen
- Zoning: C6-2
- BSF: 10,500
- PPBSF: $361
- SF: 8,000
- PPSF: $475
- Units: 6 (5 Residential, 1 Bar/Restaurant)
- Purchase Price per Unit (PPU): $641,666
- Tax Class: 2A
- Buyer: Joshua Einhorn
- Brokers: John Ciraulo and Craig Waggner from Team Ciraulo Waggner, Andrew Berry, and Charlie Gravina from Cushman & Wakefield
The deal was facilitated by John Ciraulo and Craig Waggner from Team Ciraulo Waggner, along with Andrew Berry and Charlie Gravina from Cushman & Wakefield.
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