Daily limit: 0/10
Eric Rudin & William Rudin Secure $64M Loan For Office Building At 41 Madison Avenue
FINANCED
$64,000,000
New York
See Similar DealsOffice524,937 SF
Financed 06/10/2026
FINANCED
Eric Rudin & William Rudin Secure $64M Loan For Office Building At 41 Madison Avenue
41 Madison Avenue
See Similar DealsOffice524,937 SF
Financed 06/10/2026
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$121
Total Square Footage:524,937 SF
Transaction Type:Loan
The property asset involved in the transaction is located at 41 Madison Avenue in Manhattan. It is classified as an office asset with a significant commercial footprint totaling 524,937 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $64,000,000
- Lender: The Prudential Insurance Company of America
- Landlord: Eric Rudin & William Rudin - Rudin Management
The deal involved landlords Eric Rudin and William Rudin, who are affiliated with Rudin Management. They secured the loan from The Prudential Insurance Company of America, demonstrating a strategic financing move for their office property in Manhattan.
Players
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
$64,000,000.00
Monthly NOI$426,666.67
Monthly Debt Service$404,523.54
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions