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Hirshmark Capital Provides $5M Bridge Loan For Midtown West Office Building

323 West 39th Street
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This Office property located in NY received a loan of $5,000,000 about 2 years ago. The broker of the deal was Jake Soodek

The property involved in this closed transaction is an office space located at 323 West 39th Street in Midtown West, Manhattan. The property spans approximately 60,000 square feet and is owned by the Elizabeth Foundation of the Arts.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $5,000,000
  • Address: 323 West 39th Street, Midtown West, Manhattan
  • Market: Midtown West, Manhattan
  • Loan Amount: $5,000,000
  • Loan Type: Bridge Loan

In this transaction, the lender, Hirshmark Capital, provided a bridge loan of $5,000,000 for the property. They were represented by Jake Soodek from Hirshmark Capital. The Elizabeth Foundation of the Arts acted as the landlord in this deal.

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Deals
  • Location
    323 West 39th Street, New York City, New York 10018, United States323 West 39th Street, New York City, New York 10018, United States
  • Loan Value
    $5,000,000$5,000,000
  • Asset Type
    OfficeOffice
  • Parties
    1 Broker, 1 Lender1 Broker, 1 Lender

Agent

Jake Soodek

Jake Soodek

Deals24
Financed$119.6M

Hirshmark Capital

Hirshmark Capital

Lender
Deals81
Volume$ 7.1B

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Deal Summary

LOAN IMAGE: Jake Soodek DATE: 02/25/2022 ADDRESS: 323 West 39th Street MARKET: Midtown West, Manhattan ASSET TYPE: Office ~ SF: 60,000 LENDER: Hirshmark Capital LANDLORD: Elizabeth Foundation of the Arts BROKER: Jake Soodek (@JakeSoodek) - Hirshmark Capital LOAN AMOUNT: $5,000,000 LOAN TYPE: Bridge Loan

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323 West 39th Street

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