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22 West 48th Street, New Yo...

Updated May 21, 2026

Bilt advertisement
Signature Bank Provides $62M Refinancing Loan For Office Building In Midtown West
FINANCEDOffice

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

No summary available.

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.

Players

Eli Chetrit

Sioni Group

Broker

$1.3B

vol

8 deals

Broker
Signature Bank
Signature BankLender
Eli Chetrit

Eli Chetrit

Sioni Group

Landlord

$1.3B

vol

8 deals

Landlord

New York Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Deal FAQ

About $769 per square foot on a published $62M for 80,604 square feet (2022).

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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

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