1 Arden Street
Washington Heights, Manhattan
Parcel ID (BBL): 1021740077
Owner: Two80 Real Estate Ventures
Acquired: December 03, 2025, $16.9 million
Debt: December 16, 2025, $12.7 million
Built: 1913
Renovated: 1960
SF: 66,056
Dwelling units: 87
No. of buildings: 2
Class: Semi-Fireproof With Stores (D7)
Floors: 6
Transactions:
• Two80 Real Estate Ventures borrowed $12.7 million from JPMorgan Chase for 126 Nagle Avenue, Washington Heights, Manhattan on December 16, 2025.
• Scharfman Organization sold 126 Nagle Avenue, Washington Heights, Manhattan for $16.9 million to Two80 Real Estate Ventures on December 03, 2025.
• Mark Scharfman borrowed $7.4 million from First Republic Bank for 126 Nagle Avenue, Washington Heights, Manhattan on August 25, 2020.
Development:
• Mark Scharfman filed alteration job M01227075 for 800 sqft RES building with 87 apartments in Washington Heights, Manhattan, on May 22, 2025.
• Mark Scharfman filed alteration job M00704067 for 2 sqft RES building with 87 apartments in Washington Heights, Manhattan, on March 28, 2022.
• Joseph Cerina filed alteration job M00700130 for 1 sqft building with 87 apartments in Washington Heights, Manhattan, on March 22, 2022.
• Mark Scharfman filed alteration job M00661904 for 300 sqft RES building with 87 apartments in Washington Heights, Manhattan, on February 04, 2022.
• Mark Scharfman filed alteration job M00656750 for 305 sqft RES building with 87 apartments in Washington Heights, Manhattan, on January 13, 2022.
Violations:
According to city public data, the properties have received 40 housing violations and $2,740 in OATH penalties in the last year.