Beacon Holdings Group LLC obtained financing of $11M from Woori America Bank

Beacon Holdings Group LLC as borrower signed a loan agreement with lender Woori America Bank valued at $10.7 million for 1 parcel, including the tax class semi-fireproof office building (O5) at 3 East 44 Street in Grand Central. The deal closed on August 06, 2019 and was recorded on August 23, 2019.
The property contains a total of 14,446 square feet of built space. The property has 12,702 square feet of available development rights.
The average loan per buildable square foot is $395.
The last time the property sold was November 02, 2011, for $4,575,000.

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

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