48 East 57 Street

Owner: Jacob & Co.

Debt: May 10, 2024, $15 million

Built: 1930

SF: 11,990

Dwelling units: 0

No. of buildings: 1

Class: Office with Comm — 1 to 6 stories (O5)

Floors: 5

Transactions:

• Jacob & Co. borrowed $15 million from KeyBank for 48 East 57th Street, Midtown East, Manhattan on May 10, 2024.

Development:

• Jacob Arabov filed plans for alteration in Midtown East, Manhattan, on April 12, 2021.

• Jacob Arabov filed plans for alteration in Midtown East, Manhattan, on October 26, 2017.

• Angela Arabov filed plans for alteration in Midtown East, Manhattan, on October 26, 2020.

• Angela Arabov filed plans for alteration in Midtown East, Manhattan, on October 26, 2020.

• Angela Arabov filed plans for alteration in Midtown East, Manhattan, on October 12, 2004.

Latest Stories:

• Jacob Arabo’s Jacob & Co. signs $15M refi for retail, office in Midtown East (May 13, 2024)