Bank Hapoalim Provides $60M Loan For Office Building In Times Square, Manhattan
FINANCED
$60,000,000
New York
See Similar DealsOffice235,300 SF
Financed 09/09/2022
FINANCED
Bank Hapoalim Provides $60M Loan For Office Building In Times Square, Manhattan
220 West 42nd Street, New York City, New York 10036, United States
See Similar DealsOffice235,300 SF
Financed 09/09/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$255
Total Square Footage:235,300 SF
Transaction Type:Loan
Located at 220 West 42nd Street in Times Square, Manhattan, this office property spans a total of 235,300 square feet. The transaction involving this property took place on 09/09/2022, as depicted in the provided image by Issac Hera.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $60,000,000
- Address: 220 West 42nd Street, Times Square, Manhattan
- Market: Times Square, Manhattan
- Image: Issac Hera
- Date: 09/09/2022
- Asset Type: Office
- Square Footage: 235,300
Bank Hapoalim provided a loan amount of $60,000,000 for this transaction. The landlord of the property is Yellowstone Real Estate Investments, represented by Issac Hera.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$60,000,000.00
Monthly NOI$400,000.00
Monthly Debt Service$379,240.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions