341 8 Avenue
Manhattan
Parcel ID (BBL): 1007510020
Acquired: January 06, 2023, $63.8 million
Debt: April 27, 2026, $125 million
Built: 2024
SF: 157,984
Dwelling units: 190
No. of buildings: 0
Class: Fireproof – With Stores (D6)
Floors: 7
Legacy BBLs: 1007510001
Transactions:
• MAG Partners borrowed $125 million from Goldman Sachs for 341 8th Avenue, Chelsea, Manhattan on April 27, 2026.
• MAG Partners borrowed $73.8 million from Bank OZK for 341 8th Avenue, Chelsea, Manhattan on January 04, 2024.
• Mutual Redevelopment Houses sold 341 8th Avenue, Chelsea, Manhattan for $63.8 million to MAG Partners on January 06, 2023.
Development:
• Rob Willis filed alteration job M01374022 for 44 sqft building with 188 apartments in Chelsea, Manhattan, on March 26, 2026.
• Rob Willis filed alteration job M01374009 for 44 sqft building with 188 apartments in Chelsea, Manhattan, on March 26, 2026.
• Rob Willis filed alteration job M01374040 for 3 sqft building with 188 apartments in Chelsea, Manhattan, on March 26, 2026.
• Rob Willis filed alteration job M01374030 for 44 sqft building with 188 apartments in Chelsea, Manhattan, on March 26, 2026.
• Rob Willis filed alteration job M01374047 for 3 sqft building with 188 apartments in Chelsea, Manhattan, on March 26, 2026.
Violations:
According to city public data, the properties have received $1,600 in OATH penalties in the last year.