319 East 17 Street
Gramercy, Manhattan
Parcel ID (BBL): 1009230011
Owner: Joyland Management
Acquired: January 16, 2025, $10.6 million
Debt: April 17, 2026, $38 million
Built: 1965
SF: 70,848
Dwelling units: 0
No. of buildings: 1
Class: Hospitals, Sanitariums, Mental Institutions (I1)
Floors: 12
Transactions:
• Joyland Management borrowed $38 million from Safra National Bank for 313 East 17th Street and 321 East 17th Street, Gramercy, Manhattan on April 17, 2026.
• Borough Developers and Watermark Capital Group borrowed $24.8 million from Valley National Bank for 313 East 17th Street and 321 East 17th Street, Gramercy, Manhattan on June 11, 2025.
• Joyland Group sold 313 East 17th Street and 321 East 17th Street, Gramercy, Manhattan for $10.6 million to Watermark Capital Group on January 16, 2025.
• Joyland Group borrowed $27.5 million from G4 Capital Partners for 313-319 East 17th Street and 321 East 17th Street, Gramercy, Manhattan on January 06, 2025.
• Mount Sinai sold 313-319 East 17th Street, Gramercy, Manhattan for $27.6 million to Joyland Group on January 06, 2025.
Development:
• Borough Developers filed major alteration job M01170336 for 73,470 sqft R-2 building with 87 apartments in Gramercy, Manhattan, on January 23, 2025.
• Borough Developers filed major alteration job M01159579 for 73,470 sqft R-2 building with 87 apartments in Gramercy, Manhattan, on December 27, 2024.
• Shimon Kleinman filed alteration job M01364371 for building in Gramercy, Manhattan, on February 25, 2026.
• Eddie Gazheli filed alteration job M01233844 for 75,797 sqft building with 87 apartments in Gramercy, Manhattan, on June 02, 2025.
• Eddie Gazheli filed alteration job M01231533 for 75,797 sqft building with 87 apartments in Gramercy, Manhattan, on May 27, 2025.
• Eddie Gazheli filed alteration job M01228931 for 75,797 sqft building with 87 apartments in Gramercy, Manhattan, on May 20, 2025.
• Eddie Gazheli filed alteration job M01199757 for 75,797 sqft building with 87 apartments in Gramercy, Manhattan, on March 26, 2025.
Most recent Schedule of Occupancy
Violations:
According to city public data, the properties have received $30,000 in ECB penalties and $42,145 in OATH penalties in the last year.
