FINANCED
KSR Capital Acquires Mixed-Use Property In Hudson Yards For $5.9M Loan
452 West 36th Street
Mixed-use
Financed 168 days ago
Summary
Loan
NEW YORK
Mixed-use
The property involved in the transaction is a mixed-use asset located at 452 West 36th Street in the Hudson Yards market. The loan amount for this transaction was $5,908,500. The loan was an Acquisition & Rehab Loan, with terms of 65% Loan-to-Cost (LTC) and a 2-year interest-only period. The interest rate was determined by SOFR + 3.25%.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,908,500
- Address: 452 West 36th Street
- Market: Hudson Yards
- Loan Type: Acquisition & Rehab Loan
- Loan Terms: 65% LTC, 2 year IO @ SOFR + 3.25%
The broker involved in this transaction was Morris Dweck from KSR Capital.
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2
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1
Agencies
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Details
FINANCED
IMAGE: Morris Dweck
DATE: 11/09/2023
ADDRESS: 452 West 36th Street
MARKET: Hudson Yards
ASSET TYPE: Mixed-use
BROKER: Morris Dweck (@Morris__Dweck) - KSR Capital (@Kassin_Sabbagh_Realty)
LOAN AMOUNT: $5,908,500
LOAN TYPE: Acquisition & Rehab Loan
LOAN TERMS: 65% LTC, 2 year IO @ SOFR + 3.25%View on map
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Address452 West 36th Street
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