Valley Bank Provides $7M Acquisition Loan For Development Site On West 44th Street In Midtown Manhattan

346-350 West 44th Street, New York City, New York 10036, United States

$7,000,000

$222/SF

Building Size

31,500 SF

Asset Type

Development Site

Closing

Mar 3, 2022

AI

The development site located at 346-350 West 44th Street in Midtown has been involved in a closed transaction. The property is a development site with a buildable square footage (BSF) of 31,500. The transaction details include:

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $7,000,000
Loan Type: Acquisition Loan
Lender: Valley Bank
Broker: Max Ralby - HKS Real Estate Advisors

The loan for the transaction was provided by Valley Bank. The loan amount is $7,000,000 and it is an acquisition loan. Max Ralby from HKS Real Estate Advisors acted as the broker in the deal.

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