229 Avenue C
Alphabet City, Manhattan
Parcel ID (BBL): 1003960029
Owner: Madison Realty Capital
Acquired: May 08, 2020, $31.3 million
Debt: July 22, 2024, $102 million
Built: 2017
Renovated: 2017
SF: 161,297
Dwelling units: 197
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 24
HPD Ownership Registration Information
Last registered: 2026-03-26 (expires 2026-09-01)
Zachary Kadden
Head Officer
575 Fifth Avenue 9th FL New York, NY, 10017
644 East 14Th Street Owner Llc
Corporate Owner
644 East 14th Street New York, NY, 10009
Calynne Oyolokor
Officer
575 Fifth Avenue 9th FL New York, NY, 10017
Transactions:
• Madison Realty Capital borrowed $102 million from Apollo Global Management for 644 East 14th Street, Alphabet City, Manhattan on July 22, 2024.
• Madison Realty Capital borrowed $52 million from RWN Management for 223 Avenue C, East Village, Manhattan on May 08, 2020.
• Opal Holdings sold 223 Avenue C, East Village, Manhattan for $31.3 million to Madison Realty Capital on May 08, 2020.
Development:
• Rabsky Group filed new building job 121185369 for 63,932 sqft R-2 building with 50 apartments in Alphabet City, Manhattan, on April 09, 2014.
• Arun Bhatia filed new building job 120225960 for 65,399 sqft R-2 building with 1 apartments in Alphabet City, Manhattan, on December 17, 2009.
• Zach Kadden filed alteration job M01311015 for 1,000 sqft R-2 building with 0 apartments in Alphabet City, Manhattan, on November 10, 2025.
• Zach Kadden filed alteration job M01297127 for 165,207 sqft R-2 building with 197 apartments in Alphabet City, Manhattan, on October 03, 2025.
• Zach Kadden filed alteration job M01155340 for 1,500 sqft R-2 building with 0 apartments in Alphabet City, Manhattan, on December 16, 2024.
• Daniel Chirila filed alteration job M01106811 for 1,000 sqft building with 0 apartments in Alphabet City, Manhattan, on September 06, 2024.
• Daniel Chirila filed alteration job M01063410 for 1,000 sqft building with 0 apartments in Alphabet City, Manhattan, on August 02, 2024.
Violations:
According to city public data, the properties have received $2,500 in ECB penalties and $2,525 in OATH penalties in the last year.