447 West 47 Street

Owner: Ablatos Llc

Acquired: December 27, 2022, $6.3 million

Debt: June 12, 2020, $18.2 million

Built: 1910

Renovated: 2009

SF: 7,686

Dwelling units: 10

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 4

Transactions:

• Icon Realty Management sold 447 West 47th Street, Hell’s Kitchen, Manhattan for $6.3 million to Ablatos LLC on December 27, 2022.

• Aviva Jakubowicz sold 447 West 47th Street, Clinton, Manhattan for $5.5 million to Icon Realty Management on June 12, 2020.

• Icon Realty Management borrowed $18.2 million from Signature Bank for 447 West 47th Street, 406 West 48th Street, 410 West 48th Street, 316 West 51st Street, Clinton, Manhattan on June 12, 2020.

Development:

• Aviva Jakubowicz filed plans for alteration in Hell’s Kitchen, Manhattan, on July 08, 2009.

• Beverly Brooks filed plans for alteration in Hell’s Kitchen, Manhattan, on May 22, 2001.

• Aviva Jakubowicz filed plans for alteration in Hell’s Kitchen, Manhattan, on August 03, 2010.

• Aviva Jakubowicz filed plans for major alteration in Hell’s Kitchen, Manhattan, on June 02, 2009.

• Aviva Jakubowicz filed plans for alteration in Hell’s Kitchen, Manhattan, on April 27, 2010.

Violations:

According to city public data, the properties have received $1,200 in OATH penalties in the last year.

Latest Stories:

• Icon Realty Management borrows $18M from Signature Bank to acquire Hell’s Kitchen portfolio (June 15, 2020)