265 South Street

Lower East Side, Manhattan

Parcel ID (BBL): 1002470002

Acris records

Owner: Chetrit Group

Acquired: April 12, 2022, $78 million

Debt: April 12, 2022, $63 million

Built: 0

SF: 0

Dwelling units: 0

No. of buildings: 0

Class: Unlicensed Parking Lot (G7)

Legacy BBLs: 1002470001

Transactions:

Chetrit Group borrowed $63 million from Madison Realty Capital for 265 Cherry Street, Lower East Side, Manhattan on April 12, 2022.

CIM Group and L+M Development Partners sold 275 Cherry Street, Lower East Side, Manhattan for $78 million to Chetrit Group on April 12, 2022.

Development:

David Thompson filed plans for alteration in Lower East Side, Manhattan, on March 17, 2022.

David Thompson filed plans for alteration in Lower East Side, Manhattan, on February 23, 2022.

David Thompson filed plans for A3 in Lower East Side, Manhattan, on January 19, 2022.

CIM Group filed plans for new building for 1,274,276 sqft in Lower East Side, Manhattan, on September 07, 2021.

David Thompson filed plans for alteration in Lower East Side, Manhattan, on May 22, 2021.

Violations:

According to city public data, the properties have received two DOB violations, $3,500 in ECB penalties, and $3,800 in OATH penalties in the last year.

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