278 West 94 Street

Owner: Benchmark Real Estate Group

Acquired: May 19, 2026, $42 million

Debt: May 19, 2026, $21.9 million

Built: 1925

SF: 91,494

Dwelling units: 90

No. of buildings: 1

Class: Fireproof (Standard Construction Without Stores) (D3)

Floors: 15

HPD Ownership Registration Information

Last registered: 2025-08-04 (expires 2026-09-01)

Transactions:

• Benchmark Real Estate Group borrowed $21.9 million from Flagstar Bank for 698 West End Avenue, Upper West Side, Manhattan on May 19, 2026.

• Heller Realty sold 698 West End Avenue, Upper West Side, Manhattan for $42 million to Benchmark Real Estate Group on May 19, 2026.

• Arnold Simon borrowed $22.7 million from New York Community Bank for 698 West End Avenue, the Upper West Side, Manhattan on November 02, 2020.

Development:

• Kevin Padgett filed major alteration job 123015165 for 77,827 sqft R-2 building with 90 apartments in Upper West Side, Manhattan, on November 08, 2017.

• Kevin Padgett filed alteration job M00964138 for 400 sqft R-2 building with 91 apartments in Upper West Side, Manhattan, on December 11, 2023.

• Kevin Padgett filed alteration job 123012676 for RES building with 91 apartments in Upper West Side, Manhattan, on August 09, 2017.

• Kevin Padgett filed alteration job 140430095 for R-2 building with 90 apartments in Upper West Side, Manhattan, on November 16, 2015.

• Kevin Padgett filed alteration job 140430086 for R-2 building with 90 apartments in Upper West Side, Manhattan, on November 16, 2015.

• Kevin Padgett filed alteration job 121534777 for RES building with 90 apartments in Upper West Side, Manhattan, on February 22, 2013.

Violations:

According to city public data, the properties have received $50 in OATH penalties in the last year.

Latest Stories:

• Arnold Simon borrows $23M from New York Community for UWS 90-unit rental (November 03, 2020)