9 WEST 35TH STREET LLC obtained financing of $20M from SIGNATURE BANK

9 WEST 35TH STREET LLC as borrower signed a loan agreement with lender SIGNATURE BANK valued at $20.0 million for 4 parcels, including the tax class garage with two or more stories (G1) at 225 West 30 Street, 141 West 43 Street, 340 West 31 Street, 9 West 35 Street in Penn Plaza. The deal closed on June 02, 2019 and was recorded on July 12, 2019.
The property contains a total of 611,924 square feet of built space. The property has 137,132 square feet of available development rights.
The average loan per buildable square foot is $33.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

Share this article