Shanghai Commercial Bank Provides $60.6 Million Loan For Residential Condo Conversion At 335 West 35th Street

The asset involved in this transaction is a residential condo conversion located at 335 West 35th Street in Midtown South. The total square footage of the property is 73,106, with a loan amount of $60,600,000 structured as a note sale.

Summary of transaction details:

• Property Type: Residential Condo Conversion
• Transaction Amount: $60,600,000
• Address: 335 West 35th Street
• Market: Midtown South
• Lender: Shanghai Commercial Bank
• Broker: Chirag Doshi - Meridian Capital Group

Chirag Doshi advised Shanghai Commercial Bank on the sale of two cross-collateralized loans, one of which is associated with this property, in January 2025, establishing his role in facilitating the transaction.