Shanghai Commercial Bank Provides $32.5 Million Loan For Multifamily Property On West 53rd Street

The multifamily property located at 433 West 53rd Street in Clinton has been involved in a closed transaction. The property spans 41,617 square feet and consists of 60 units. The loan amount for this transaction was $32,500,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $32,500,000
• Address: 433 West 53rd Street
• Market: Clinton
• Lender: Shanghai Commercial Bank
• Landlord: Emmut Properties
• Square Footage: 41,617
• Units: 60

In this transaction, Shanghai Commercial Bank provided the loan for the property. The landlord of the multifamily building is Emmut Properties. These key individuals and companies played a significant role in the deal.