440 East 189 Street

Acquired: February 10, 2022, $14 million

Debt: June 13, 2022, $87 million

Transactions:

• Peter Serpico and Payman Yadidi borrowed $87 million from Valley National Bank for 4720 3rd Avenue, 448 East 189th Street, and 4734 3rd Avenue, Belmont/Little Italy, Bronx on June 13, 2022.

• Naftali Group sold 4720 3rd Avenue, 4734 3rd Avenue, and 448 East 189th Street, Belmont/Little Italy, Bronx for $14 million to Tryline Capital Management on February 10, 2022.

Development:

• Vertical Community Development filed new building job 220671075 for 191,550 sqft R-2 building with 160 apartments in Belmont/Little Italy, Bronx, on March 01, 2019.

• Joshua Agus filed major alteration job 220624377 for 17,525 sqft M building in Belmont/Little Italy, Bronx, on November 09, 2017.

• Robert O’Rourke filed alteration job X01172377 for 1,090 sqft R-2 building with 165 apartments in Belmont/Little Italy, Bronx, on February 06, 2025.

• Shahzad Mir filed alteration job X01096857 for 20 sqft building with 0 apartments in Belmont/Little Italy, Bronx, on August 16, 2024.

• Luis Ibarguengoytia filed alteration job X01095768 for 1,192 sqft R-2 building with 165 apartments in Belmont/Little Italy, Bronx, on August 14, 2024.

• Luis Ibarguengoytia filed alteration job X01095691 for 1,192 sqft R-2 building with 165 apartments in Belmont/Little Italy, Bronx, on August 14, 2024.

• Shahzad Mir filed alteration job X01034443 for 1,034 sqft M building with 165 apartments in Belmont/Little Italy, Bronx, on August 05, 2024.

Litigation:

• Booth Street Realty and Greg Parassio filed a $123,000 lawsuit 659365/2024 against Sioni Group, Peter Serpico and Payman Yadidi on December 02, 2024,seeking a money judgment related to commissionat 4720 Third Avenue.

• Booth Street Realty and Greg Parassio filed a $123,000 lawsuit 659365/2024 against Sioni Group, Peter Serpico and Payman Yadidi on December 02, 2024,seeking a money judgment related to commissionat 4720 Third Avenue.

• Booth Street Realty and Greg Parassio filed a $123,000 lawsuit 659365/2024 against Sioni Group, Peter Serpico and Payman Yadidi on December 02, 2024,seeking a money judgment related to commissionat 4720 Third Avenue.

• Booth Street Realty and Greg Parassio filed a $123,000 lawsuit 659365/2024 against Sioni Group, Peter Serpico and Payman Yadidi on December 02, 2024,seeking a money judgment related to commissionat 4720 Third Avenue.

• Booth Street Realty and Greg Parassio filed a $123,000 lawsuit 659365/2024 against Sioni Group, Peter Serpico and Payman Yadidi on December 02, 2024,seeking a money judgment related to commissionat 4720 Third Avenue.