198 Clinton Street
Lower East Side, Manhattan
Parcel ID (BBL): 1003150045
Owner: Optimum Asset Management
Debt: January 12, 2022, $44.6 million
Built: 1931
Renovated: 1986
SF: 130,059
Dwelling units: 62
No. of buildings: 2
Class: Fireproof (Standard Construction Without Stores) (D3)
Floors: 8
Legacy BBLs: 1003150040
Transactions:
• Company sold 226 East Broadway, 232 East Broadway, 232 East Broadway, 232 East Broadway, 232 East Broadway, and others, Lower East Side, Manhattan for $0 to company on December 09, 2024.
• Optimum Asset Management borrowed $44.6 million from Madison Realty Capital for 228 East Broadway, 226 East Broadway, and 232 East Broadway, Lower East Side, Manhattan on January 12, 2022.
Development:
• Matthew Barry filed plans for SC in Lower East Side, Manhattan, on July 15, 2024.
• Matthew Barry filed plans for alteration in Lower East Side, Manhattan, on February 22, 2024.
• Wayne Heicklen and Robert Kaliner and Rodolfo Misitano filed plans for major alteration for 45,016 sqft in Lower East Side, Manhattan, on March 28, 2023.
• Matthew Barry filed plans for alteration in Lower East Side, Manhattan, on March 23, 2023.
• Robert Kaliner filed plans for alteration in Lower East Side, Manhattan, on July 09, 2021.
Violations:
According to city public data, the properties have received four DOB violations in the last year.