Deutsche Bank Provides $100M Mortgage Financing For Office Building At 330 West 34th St In Hudson Yards
330 West 34th Street, New York City, New York 10001, United States
$100,000,000
$138/SF
Building Size
723,845 SF
Asset Type
Office
Closing
Oct 17, 2022
About this deal
AI
The Haymes Family has secured a mortgage loan for their office property located at 330 West 34th St in the Hudson Yards market. The property spans an impressive 723,845 square feet.
Summary of transation details
- Property Type: Office
- Transaction Amount: $100,000,000
- Address: 330 West 34th St
- Market: Hudson Yards
- Lender: Deutsche Bank
- Landlord: Haymes Family
- Loan Type: Mortgage Financing
Deutsche Bank provided the loan amount of $100,000,000 to Haymes Family for this mortgage financing deal.
The office loan at 330 West 34th Street, New York City, New York 10001, United States in New York, New York financed for $100M in 2022. The building is 723,845 square feet, implying about 138 per square foot on the published price. This page is the New York, New York file for the 330 West 34th Street, New York City, New York 10001, 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 330 West 34th Street, New York City, New York 10001, United States around 2022. Published consideration for 330 West 34th Street, New York City, New York 10001, United States is $100M, dated 2022. Cite this Deutsche Bank Provides $100M Mortgage Financing For Office Building At 330 West 34th St In Hudson Yards loan when underwriting similar office product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93