NYC Midtown West Gets $20M Investment – Aya Acquisitions’ Portfolio Purchase

Aya Acquisitions, owned by Amir Shriki, has recently purchased a three-building mixed-use portfolio located on West 42nd Street in Midtown West Manhattan for $20 million. The properties have been under the ownership of a private investor for 25 years and feature ground floor retail space with 36 apartments. With flexible zoning that permits both residential and commercial development, these five-story buildings offer 75 feet of frontage on West 42nd Street along with proximity to Hudson Yards and Chelsea neighborhoods as well as access to transportation options and entertainment offerings.
The sale was arranged by JLL Capital Markets team led by Bob Knakal & Jonathan Hageman who noted “the property’s superb location” due to its close proximity to sought after areas such as Hudson Yards & West Chelsea neighborhoods along with unrivaled transportation options at its doorstep making it an attractive investment opportunity.