1768 3 Avenue
Carnegie Hill, Manhattan
Parcel ID (BBL): 1016250033
Owner: Breaking Ground
Acquired: July 01, 2024, $172.1 million
Debt: January 02, 2025, $120.8 million
Built: 1973
Renovated: 1989
SF: 247,615
Dwelling units: 0
No. of buildings: 1
Class: Dormitories (H8)
Floors: 19
Transactions:
• Breaking Ground borrowed $120.8 million from NYS Housing Finance Agency for 1760 3rd Avenue, Carnegie Hill, Manhattan on January 02, 2025.
• Breaking Ground borrowed $163.5 million from Enterprise Community Partners and City of New York for 1760 3rd Avenue, Carnegie Hill, Manhattan on July 01, 2024.
• CenterSquare Investment Management, Principal Real Estate Investors and 60 Guilders sold 1760 3rd Avenue, Carnegie Hill, Manhattan for $172.1 million to Breaking Ground on July 01, 2024.
• Waterfall Asset Management on August 15, 2022 bought a loan with an original principal of $145 million from HSBC Bank, signed by James G. Richards, secured by 1760 Third Avenue, Carnegie Hill, Manhattan, when owned by CenterSquare Investment Management|RCG Longview|60 Guilders.
Development:
• William Miranda filed plans for alteration in Carnegie Hill, Manhattan, on January 12, 2025.
• David Beer filed plans for alteration in Carnegie Hill, Manhattan, on December 31, 2024.
• Bastien Broda filed plans for alteration in Carnegie Hill, Manhattan, on December 05, 2023.
• Bastien Broda filed plans for alteration in Carnegie Hill, Manhattan, on October 25, 2023.
• Bastien Broda filed plans for alteration in Carnegie Hill, Manhattan, on October 24, 2023.
Violations:
According to city public data, the properties have received $8,100 in OATH penalties in the last year.