194 Avenue A

Owner: Hamilton Lane

Acquired: August 21, 2025, $19.8 million

Debt: August 29, 2022, $14.8 million

Built: 1910

Renovated: 2009

SF: 5,496

Dwelling units: 6

No. of buildings: 1

Class: Old Law Tenements (C4)

Floors: 4

Transactions:

• Avenue Realty Capital sold 194 Avenue A, 196 Avenue A, 503 East 12th Street, and 505 East 12th Street, Alphabet City, Manhattan for $19.8 million to Hamilton Lane on August 21, 2025.

• Dalan Management borrowed $14.8 million from Signature Bank for 194 Avenue A, 196 Avenue A, 503 East 12th Street, and 505 East 12th Street, Alphabet City, Manhattan on August 29, 2022.

Development:

• Andrew Wrublin filed plans for alteration in Alphabet City, Manhattan, on April 20, 2021.

• Peter Lambros filed plans for A3 in Alphabet City, Manhattan, on April 10, 2007.

• Andrew Wrublin filed plans for major alteration in Alphabet City, Manhattan, on June 13, 2016.

• Fred Marolda filed plans for major alteration in Alphabet City, Manhattan, on April 01, 2008.

• David Duran filed plans for alteration in Alphabet City, Manhattan, on October 08, 2010.

Violations:

According to city public data, the properties have received two housing violations and $200 in OATH penalties in the last year.

Latest Stories:

• Hamilton Lane buys $19.8M stake in 4 Dalan East Village rentals from Avenue Realty Capital (August 22, 2025)