138-10 135 Avenue

Owner: Bayrock Capital

Acquired: March 12, 2024, $79.2 million

Debt: August 12, 2025, $40 million

Built: 1959

Renovated: 2012

SF: 233,210

Dwelling units: 335

No. of buildings: 1

Class: Transient Occupancy-Midtown Mn Area (H3)

Floors: 9

HPD Ownership Registration Information

Last registered: 2025-09-23 (expires 2026-09-01)

Transactions:

• Bayrock Capital borrowed $40 million from Customers Bank for 138-10 135th Avenue, South Ozone Park, Queens on August 12, 2025.

• Jeffrey Zwick & Associates registered borrowed $45 million from Broadview Capital for 138-10 135th Avenue, South Ozone Park, Queens on March 12, 2024.

• GFI Capital Resources Group sold 138-10 135th Avenue, South Ozone Park, Queens for $79.2 million to Bayrock Capital on March 12, 2024.

• GFI Capital Resources Group sold 138-10 135th Avenue, South Ozone Park, Queens for $0 to Crowne Partners LLC on July 06, 2023.

Development:

• Shia Mendel filed plans for major alteration for 190,642 sqft in South Ozone Park, Queens, on September 15, 2023.

• Alissa Mendelsohn filed plans for alteration in South Ozone Park, Queens, on November 10, 2021.

• Eric Hadar filed plans for A3 in South Ozone Park, Queens, on August 22, 2003.

• Jim Werbelow filed plans for alteration in South Ozone Park, Queens, on February 13, 2013.

• Eric Hadar filed plans for PA in South Ozone Park, Queens, on April 06, 2004.

Violations:

According to city public data, the properties have received three DOB violations, $2,530 in ECB penalties, and $7,250 in OATH penalties in the last year.

Latest Stories:

• Bayrock Capital signs $40M refi with Customers Bank for hotel in South Ozone Park (August 14, 2025)

• GFI Capital sells 335-key JFK hotel for $79.2M to Bayrock Capital (March 13, 2024)