Hirshmark Capital Provides $5M Bridge Loan For Midtown West Office Building

The property involved in this closed transaction is an office space located at 323 West 39th Street in Midtown West, Manhattan. The property spans approximately 60,000 square feet and is owned by the Elizabeth Foundation of the Arts.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $5,000,000
• Address: 323 West 39th Street, Midtown West, Manhattan
• Market: Midtown West, Manhattan
• Loan Amount: $5,000,000
• Loan Type: Bridge Loan

In this transaction, the lender, Hirshmark Capital, provided a bridge loan of $5,000,000 for the property. They were represented by Jake Soodek from Hirshmark Capital. The Elizabeth Foundation of the Arts acted as the landlord in this deal.