UOB Provides $62M Loan For 30 West 46th Street In Times Square
FINANCED
$62,000,000
New York
See Similar DealsOther126,000 SF
Financed 07/09/2019
FINANCED
UOB Provides $62M Loan For 30 West 46th Street In Times Square
30 W 46th St, New York, NY 10036, USA
See Similar DealsOther126,000 SF
Financed 07/09/2019
Summary
NEW YORK
Asset Type:Other
Price Per Square Foot:$492
Total Square Footage:126,000 SF
Transaction Type:Loan
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.
Players
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$62,000,000.00
Monthly NOI$413,333.33
Monthly Debt Service$391,882.17
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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