4300 Broadway

Owner: Rachel Posen

Acquired: May 03, 2023, $10.4 million

Debt: May 03, 2023, $7.9 million

Built: 1955

Renovated: 2017

SF: 52,598

Dwelling units: 54

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 6

Transactions:

• Rachel Posen borrowed $7.9 million from Flagstar Bank for 4300 Broadway, Washington Heights, Manhattan on May 03, 2023.

• Sugar Hill Capital Partners sold 4300 Broadway, Washington Heights, Manhattan for $10.4 million to Treetop Development on May 03, 2023.

Development:

• Jair Gutierrez filed major alteration job 123326542 for 10,450 sqft A-2 building with 54 apartments in Washington Heights, Manhattan, on July 10, 2017.

• Larry Jeremias filed alteration job M01348699 for 10,000 sqft COM building with 54 apartments in Washington Heights, Manhattan, on March 26, 2026.

• Lucio.Gil Rumaldo filed alteration job M01327850 for 880 sqft building with 54 apartments in Washington Heights, Manhattan, on December 04, 2025.

• Lucio.Gil Rumaldo filed alteration job M01327848 for 350 sqft building with 54 apartments in Washington Heights, Manhattan, on December 03, 2025.

• Margaret Grossman filed alteration job M00218456 for building with 54 apartments in Washington Heights, Manhattan, on March 19, 2021.

• Margaret Grossman filed alteration job M00214474 for 1,900 sqft R-2 building with 54 apartments in Washington Heights, Manhattan, on September 17, 2019.

Litigation:

• Signature Bank filed a $16 million pre-foreclosure 850239/2022 on November 10, 2022, against Sugar Hill Capital Partners at 4300 Broadway.

Violations:

According to city public data, the properties have received 21 housing violations and $9,430 in OATH penalties in the last year.

Latest Stories:

• Cedarbridge Management pays $10.4M to Sugar Hill for 54-unit rental in Washington Heights, bought for $21.6M in 2016 (May 04, 2023)

• Signature Bank files $16M pre-foreclosure against Sugar Hill Capital Partners (November 11, 2022)