Signature Bank Provides $62M Refinancing Loan For Office Building In Midtown West
22 West 48th Street, New York City, New York 10036, United States
$62,000,000
$769/SF
Building Size
80,604 SF
Asset Type
Office
Closing
Jun 30, 2022
About this deal
AI
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The office loan at 22 West 48th Street, New York City, New York 10036, United States in New York, New York financed for $62M in 2022. The building is 80,604 square feet, implying about 769 per square foot on the published price. Named participants on the 22 West 48th Street, New York City, New York 10036, United States loan are Eli Chetrit, Isaac Chetrit, Ray Yadidi. This page is the New York, New York file for the 22 West 48th Street, New York City, New York 10036, United States office financed: pricing, party profiles, and other closed office comps from the same New York sit in the Market section below. Filter that New York office set by closing date to see what else financed near 22 West 48th Street, New York City, New York 10036, United States around 2022. Published consideration for 22 West 48th Street, New York City, New York 10036, United States is $62M, dated 2022. Cite this Signature Bank Provides $62M Refinancing Loan For Office Building In Midtown West loan when underwriting similar office product around New York, New York.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93