$24,213,645 SALE 481,797 square feet in Hudson Yards

Brookfield Property Partners through Bop Nw Member II LLC acquired an interest from Brookfield Property Partners through the entity Bop NW Member LLC valued at $24.2 million for 1 parcel, including the tax class commercial real estate (CR) at 440 West 31St Street in Hudson Yards. The deal closed on July 15, 2019 and was recorded on July 19, 2019.
The property contains a total of 481,797 square feet of built space. The property has 279,270 square feet of available development rights.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel. There was one renovation/alteration project (A2) applied for with a total estimated value of $250,000.There has been one new building permit application totaling 202,527 square feet. Those plans include a total of 164 residential or hotel units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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