Feil Organization Refinances Office Building At 145 West 30th Street For $15 Million With Citibank
145 West 30th Street
$15,000,000
Building Size
—
Asset Type
Office
Closing
Jun 24, 2025
AI
The office asset located at 145 West 30th Street in Penn Plaza, Manhattan, has been refinanced through a loan arrangement. The property is associated with a loan amount of $15,000,000, which serves to replace existing debt of the same amount.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $15,000,000
- Lender: Citibank
- Landlord: Jeffrey Feil - Feil Organization
- Loan Type: Refinance
This transaction was handled by Jeffrey Feil, representing Feil Organization in the refinancing effort. Citibank acted as the lender for this financial arrangement.
Players
New York Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93