315 W 46 LLC obtained financing of $5M from CTBC Bank Corp.

315 W 46 LLC as borrower signed a loan agreement with lender CTBC Bank Corp. (Usa) valued at $5.0 million for 1 parcel, including the tax class retail building with apartments above (K4) and containing 5 residential units at 315 West 46 Street in Midtown West. The deal closed on August 23, 2019 and was recorded on August 29, 2019.
The property contains a total of 3,539 square feet of built space. The property has 8,563 square feet of available development rights.
The average loan per buildable square foot is $413.
The last time the property sold was January 10, 2014, for $3,650,000.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $25,500.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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