113 East 38 Street
Grand Central, Manhattan
Parcel ID (BBL): 1008940010
Owner: Prana Equities
Acquired: September 20, 2022, $10.3 million
Debt: December 14, 2022, $10.5 million
Built: 1865
Renovated: 1956
SF: 15,035
Dwelling units: 20
No. of buildings: 1
Class: Semi-fireproof (Without Stores) (D1)
Floors: 4
Transactions:
• Prana Equities borrowed $10.5 million from Greystone & Co. for 111 East 38th Street, Grand Central, Manhattan on December 14, 2022.
• Prana Equities borrowed $8 million from company for 111 East 38th Street, Grand Central, Manhattan on September 20, 2022.
• Nakajimaya Hotels Co. sold 111 East 38th Street, Grand Central, Manhattan for $10.3 million to Prana Equities on September 20, 2022.
Development:
• Katherine Cartagena filed plans for alteration in Grand Central, Manhattan, on March 10, 2023.
• Charles Olsen filed plans for major alteration for 1,572 sqft in Grand Central, Manhattan, on February 04, 2015.
• Charles Olsen filed plans for alteration in Grand Central, Manhattan, on May 20, 2011.
• Yoneo Obinata filed plans for alteration in Grand Central, Manhattan, on January 26, 2007.
• Hidano Kei filed plans for major alteration in Grand Central, Manhattan, on March 18, 2008.
Violations:
According to city public data, the properties have received one DOB violation, $1,250 in ECB penalties, and $1,850 in OATH penalties in the last year.