Signature Bank Provides $62M Refinancing Loan For Office Building In Midtown West
FINANCED
$62,000,000
New York
See Similar DealsOffice80,604 SF
Financed 07/01/2022
FINANCED
Signature Bank Provides $62M Refinancing Loan For Office Building In Midtown West
22 West 48th Street, New York City, New York 10036, United States
See Similar DealsOffice80,604 SF
Financed 07/01/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$769
Total Square Footage:80,604 SF
Transaction Type:Loan
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$62,000,000.00
Monthly NOI$413,333.33
Monthly Debt Service$391,882.17
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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