Hudson 36 LLC obtained financing of $7M from JPMorgan Chase Bank

Hudson 36 LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank, N.A. valued at $6.8 million for 1 parcel, including the tax class multifamily, fireproof – with stores (D6) and containing 251 residential units at 515 West 36 Street in Hudson Yards. The deal closed on August 12, 2015 and was recorded on August 19, 2019.
The property contains a total of 247,631 square feet of built space.
The average loan per unit is $26,892.
The last time the property sold was July 06, 2012, for $4,000,000.

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 has been one new building permit application totaling 244,767 square feet. Those plans include a total of 251 residential or hotel units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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