116 10 Avenue
Chelsea, Manhattan
Parcel ID (BBL): 1007150003
Owner: Toll Brothers
Acquired: February 24, 2026, $53 million
Debt: February 24, 2026, $33.5 million
Built: 0
SF: 0
Dwelling units: 0
No. of buildings: 0
Class: Not Zoned Residential or Manhattan Below 110 St (V1)
Legacy BBLs: 1007150002
Transactions:
• Toll Brothers borrowed $33.5 million from G4 Capital Partners for 118 Tenth Avenue, Chelsea, Manhattan on February 24, 2026.
• Benny Barmapov sold 118 Tenth Avenue, Chelsea, Manhattan for $53 million to Toll Brothers on February 24, 2026.
• Benny Barmapov borrowed $7.5 million from Popular Bank for 118 10th Avenue, Chelsea, Manhattan on May 12, 2020.
• Real Estate Equities Corporation sold 118 10th Avenue, Chelsea, Manhattan for $7.8 million to GDS on February 10, 2020.
Development:
• Mark Cordasco filed new building job M01373235 for 185,396 sqft R-2 building with 105 apartments in Chelsea, Manhattan, on March 27, 2026.
• Michael Kirchman filed new building job 121206738 for 80,376 sqft B building in Chelsea, Manhattan, on December 06, 2019.
• Micheal Kirchmann filed major alteration job 121243332 for 16,619 sqft B building in Chelsea, Manhattan, on June 19, 2017.
• Benny Barmapov filed major alteration job 102763001 for COM building in Chelsea, Manhattan, on September 06, 2000.
• Michael Kirchman filed alteration job M00296933 for 70,505 sqft B building with 0 apartments in Chelsea, Manhattan, on April 25, 2022.
• Michael Kirchman filed alteration job M00290656 for 70,505 sqft B building with 0 apartments in Chelsea, Manhattan, on April 21, 2022.
• Michael Kirchman filed alteration job M00710878 for 16,804 sqft B building with 0 apartments in Chelsea, Manhattan, on April 12, 2022.
• Michael Kirchman filed alteration job M00298277 for 70,505 sqft B building with 0 apartments in Chelsea, Manhattan, on April 07, 2022.
• Colm Coen filed alteration job M00527724 for 13,760 sqft building with 0 apartments in Chelsea, Manhattan, on May 28, 2021.
Most recent Schedule of Occupancy
Most recent Zoning Diagram (ZD1)
Litigation:
• Brandon Miller and Douglas Teitelbaum on July 11, 2024, filed a $13.2 million bankruptcy 24-11218-pb for 118 Tenth Avenue.
Violations:
According to city public data, the properties have received $750 in OATH penalties in the last year.
Latest Stories:
• Toll Brothers pays $53M to Benny Barmapov for dev site in Chelsea (February 25, 2026)
• Klövern, GDSNY acquire air rights, easement valued at $17.7M in Chelsea (October 06, 2020)
• Benny Barmapov pays $9M to Neil Wainland for property in Chelsea (October 06, 2020)
• Benny Barmapov borrows $7.6M from Popular Bank for property in Chelsea (May 13, 2020)
