311 1 Avenue
Gramercy, Manhattan
Parcel ID (BBL): 1009230035
Owner: Minrav Development
Acquired: February 11, 2020, $28.5 million
Debt: September 10, 2024, $63 million
Built: 2024
SF: 69,408
Dwelling units: 54
No. of buildings: 1
Class: Fireproof (Standard Construction Without Stores) (D3)
Floors: 13
Legacy BBLs: 1009230035
Transactions:
• Minrav Development borrowed $63 million from Northwind Group for 305-311 First Avenue, Gramercy, Manhattan on September 10, 2024.
• CIM Group sold 305 1st Avenue, 307 1st Avenue, 309 1st Avenue, 311 1st Avenue, Gramercy, Manhattan for $28.5 million to Minrav Development on February 11, 2020.
• Minrav Development borrowed $18.3 million from Bank Leumi for 305 1st Avenue, 307 1st Avenue, 309 1st Avenue, 311 1st Avenue, Gramercy, Manhattan on February 11, 2020.
Development:
• Minrav Development filed new building job 121209361 for 55,321 sqft R-2 building with 50 apartments in Gramercy, Manhattan, on February 10, 2021.
• Einav Gelberg filed alteration job M01234721 for 160 sqft building with 54 apartments in Gramercy, Manhattan, on June 13, 2025.
• Gilberto Dealmeida filed alteration job M01154151 for 1,000 sqft building with 0 apartments in Gramercy, Manhattan, on December 23, 2024.
• Gilberto Dealmeida filed alteration job M01110587 for 1,000 sqft building with 0 apartments in Gramercy, Manhattan, on September 12, 2024.
• Gilberto Dealmeida filed alteration job M01101229 for 2,982 sqft building with 0 apartments in Gramercy, Manhattan, on August 26, 2024.
• Gilberto Dealmeida filed alteration job M01101225 for 160 sqft building with 0 apartments in Gramercy, Manhattan, on August 26, 2024.
Condominium:
• Yehuda Mor filed plans CD240326 on November 26, 2024 for 71-unit condominium called 350 East 18th Street Condominium at 350 East 18th Street.
Violations:
According to city public data, the properties have received $30,625 in ECB penalties and $73,375 in OATH penalties in the last year.