Toni Park pays $6M to Joan Luft for retail property in Garment District

Toni Park through the entity 41 W 35 LLC paid Joan Luft’s DLR Management, LLC $5.5 million for 41 West 35th Street in Garment District. The deal closed on March 12, 2020, and was recorded on March 24, 2020. The transaction consists of 1 parcel, including the tax class retail building with apartments above (K4) and containing 4 residential units. The property is 5,803 square feet. The parcel(s) have total development potential of 18,526 square feet.
The average sale price per square foot is $297.

The seller’s affiliate, DLR Associates, acquired the property March 27, 1980.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link