Delshah Capital borrows $23.5M from Signature Bank for retail condo in Midtown West

Delshah Capital through the entity DS 761 Seventh Avenue LLC as borrower signed a loan agreement with lender Signature Bank valued at $23.5 million for 1 parcel, including the tax class commercial condo recorded in Acris (CC) at 761 7th Avenue in Midtown West. The deal closed on February 16, 2021 and was recorded on March 15, 2021.
The property contains a total of 24,995 square feet of built space.
The average loan per buildable square foot is $940.
The last time the property sold was February 16, 2021 for $24,269,625.
Direct link to Acris document. link
The signatory for the lender was Zachary Bermudez.