41 West 31 Street

Owner: Ui Kun Lee

Debt: January 31, 2022, $35 million

Built: 1915

Renovated: 1986

SF: 132,844

Dwelling units: 0

No. of buildings: 1

Class: Office with Comm — 7 to 19 stories (O6)

Floors: 16

Transactions:

• Ui Kun Lee borrowed $35 million from Bank of Hope for 39 West 31st Street, Penn Station, Manhattan on January 31, 2022.

Development:

• Young Lee filed major alteration job M01063948 for 132,683 sqft 56 building with 0 apartments in Penn Plaza, Manhattan, on June 18, 2024.

• Young Lee filed major alteration job 122697894 for 132,142 sqft E building in Penn Station, Manhattan, on March 01, 2016.

• Young Lee filed alteration job M01384512 for 1,251 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on April 27, 2026.

• Young Lee filed alteration job M01369355 for 2,100 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on March 10, 2026.

• Young Lee filed alteration job M01289001 for 800 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on September 23, 2025.

• Young Lee filed alteration job M01156007 for 752 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on January 13, 2025.

• Young Lee filed alteration job M01160114 for 880 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on December 30, 2024.

Violations:

According to city public data, the properties have received $4,500 in OATH penalties in the last year.