State Farm Mutual Automobile Insurance Company Provides $40M Refinancing Loan For Upper West Side Multifamily Property On Central Park West

The property involved in this transaction is located at 241 Central Park West in the Upper West Side market. It is a multifamily asset with a total square footage of 253,749. The property consists of 140 units.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $40,000,000
• Address: 241 Central Park West
• Market: Upper West Side
• Square Footage: 253,749
• Number of Units: 140

The lender involved in the transaction is State Farm Mutual Automobile Insurance Company. The landlord of the property is Rudin Management. The loan amount for the transaction is $40,000,000, and it is a refinancing loan.