UOB Provides $62M Loan For 30 West 46th Street In Times Square
30 W 46th St, New York, NY 10036, USA
$62,000,000
$492/SF
Building Size
126,000 SF
Asset Type
Other
Closing
Jul 8, 2019
About this deal
AI
30 West 46th Street, located in Times Square, was involved in a closed transaction on 07/09/2019. The property, spanning 126,000 square feet, was the subject of the deal between the lender UOB and the landlord Hidrock Properties. The transaction amount reached $62,000,000.
Summary of transaction details
- Property Type:
- Transaction Amount: $62,000,000
- Square Footage: 126,000 SF
- Address: 30 West 46th Street
- Market: Times Square
Key individuals involved in the deal include: Jonathan Schwartz, Aaron Appel, Keith Kurland, and Adam Schwartz from JLL NY Capital Markets.
On the Map
$62,000,000
$492/SF
Other
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Players
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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