NOT LISTED FOR SALE

255 W 34th St New York, NY 10001

Garment District Neighborhood

Estimated Value: $102,429,568

-- Bed
-- Bath
157,517 Sq Ft
$650/Sq Ft Est. Value

About This Home

This home is located at 255 W 34th St, New York, NY 10001 and is currently estimated at $102,429,568, approximately $650 per square foot. 255 W 34th St is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Clark Whitsett Esq. As Referee
Bought by
Penn District Hotel Llc
Current Estimated Value
$102,429,568

Purchase Details

Closed on
Jan 31, 2023
Sold by
Jcmc West 34 Mezz Ii Llc
Bought by
Penn Hotel Junior Llc

Purchase Details

Closed on
Dec 12, 2016
Sold by
Cornell West 34 Owner Llc
Bought by
Jcmc West 34 Owner Llc

Purchase Details

Closed on
Dec 17, 2015
Sold by
Cornell 255 Llc and % Jeffrey Zwick & Associates Lp
Bought by
Jcmc West 34 Owner Llc

Purchase Details

Closed on
Sep 8, 2014
Sold by
255 West 34Th Street Llc
Bought by
Cornell 255 Llc

Purchase Details

Closed on
Mar 17, 2004
Sold by
Maleh David and Maleh Max
Bought by
255 West 34Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.56%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Penn District Hotel Llc $1,000 --
Penn District Hotel Llc $1,000 --
Penn Hotel Junior Llc $104,536,934 --
Penn Hotel Junior Llc $104,536,934 --
Jcmc West 34 Owner Llc -- --
Jcmc West 34 Owner Llc -- --
Jcmc West 34 Owner Llc $20,000,000 --
Jcmc West 34 Owner Llc $20,000,000 --
Cornell 255 Llc $20,000,000 --
Cornell 255 Llc $20,000,000 --
255 West 34Th Street Llc -- --
255 West 34Th Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penn District Hotel Llc $82,717,200
Closed Penn District Hotel Llc $24,382,800
Previous Owner Jcmc West 34 Owner Llc $64,170,768
Previous Owner Jcmc West 34 Owner Llc $5,829,232
Previous Owner 255 West 34Th Street Llc $4,427
Previous Owner 255 West 34Th Street Llc $324,000
Previous Owner Maleh David $84,000
Closed 255 West 34Th Street Llc $0
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,552,273 $14,710,500 $3,689,550 $11,020,950
2024 $1,552,273 $14,655,150 $3,689,550 $10,926,720
2023 $1,124,301 $10,560,780 $3,686,580 $6,874,200
2022 $391,962 $3,689,550 $3,689,550 $0
2021 $360,427 $3,689,550 $3,689,550 $0
2020 $166,767 $3,883,950 $3,883,950 $0
2019 $292,637 $3,480,300 $3,480,300 $0
2018 $272,009 $3,478,950 $3,478,950 $0
2017 $243,830 $2,319,098 $2,319,098 $0
2016 $481,291 $2,708,100 $805,500 $1,902,600
2015 $94,774 $2,588,400 $805,500 $1,782,900
2014 $94,774 $2,518,650 $805,500 $1,713,150
Source: Public Records

Map

New York New York County New York 10001 Garment District

255 W 34th St, New York, NY

This home is located at 255 W 34th St, New York, NY 10001 and is currently estimated at $102,429,568, approximately $650 per square foot. 255 W 34th St is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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