175 East 3 Street

Owner: Lockhill Properties

Acquired: June 27, 2023, $10.8 million

Debt: June 27, 2023, $7.3 million

Built: 1900

Renovated: 1983

SF: 6,825

Dwelling units: 8

No. of buildings: 1

Class: Old Law Tenements (C4)

Floors: 5

Transactions:

• Lockhill Properties borrowed $7.3 million from First Horizon Bank for 175 East 3rd Street and 177 East 3rd Street, Alphabet City, Manhattan on June 27, 2023.

• Kokot Realty Enterprises sold 175 East 3rd Street and 177 East 3rd Street, Alphabet City, Manhattan for $10.8 million to Lockhill Properties on June 27, 2023.

Development:

• Parke Leatherman filed plans for alteration in Alphabet City, Manhattan, on December 11, 2023.

• Parke Leatherman filed plans for alteration in Alphabet City, Manhattan, on June 15, 2023.

• Parke Leatherman filed plans for alteration in Alphabet City, Manhattan, on June 15, 2023.

• Arthur Kokot filed plans for alteration in Alphabet City, Manhattan, on December 28, 2012.

• Arthur Kokot filed plans for alteration in Alphabet City, Manhattan, on September 24, 2014.

Violations:

According to city public data, the properties have received $5,360 in OATH penalties in the last year.

Latest Stories:

• Lockhill Properties pays $10.8M 2 walkups in Alphabet City (June 28, 2023)

• Provident Management obtained financing of $5M from First Republic Bank (August 30, 2019)