47 East 30 Street
Park Avenue South, Manhattan
Parcel ID (BBL): 1008600034
Acquired: October 20, 2025, $4.1 million
Debt: October 20, 2025, $8.2 million
Transactions:
• Lipa Engel borrowed $8.2 million from Arion Fund for 47 East 30th St, Park Avenue South, Manhattan on October 20, 2025.
• Moin Development sold 47 East 30th St, Park Avenue South, Manhattan for $4.1 million to Lipa Engel on October 20, 2025.
• Directed Capital on February 07, 2022 bought a loan with an original principal of $4.2 million from Hanover Community Bank, signed by Sergey Zambrovsky, secured by 47 East 30th Street, Park Avenue South, Manhattan, when owned by Moinian Group.
Development:
• Lipa Engel filed new building job M01273621 for 23,833 sqft R-2 building with 54 apartments in Park Avenue South, Manhattan, on September 10, 2025.
• Lipa Engel filed alteration job M01397392 for 2,067 sqft building with 5 apartments in Park Avenue South, Manhattan, on May 07, 2026.
• Lipa Engel filed alteration job M01354444 for 5,320 sqft J-2 building with 5 apartments in Park Avenue South, Manhattan, on March 06, 2026.
• Lipa Engel filed alteration job M01361289 for 100 sqft building with 0 apartments in Park Avenue South, Manhattan, on February 23, 2026.
• David Moinian filed alteration job 122571537 for COM building in Park Avenue South, Manhattan, on November 04, 2015.
• Robin Mackay filed alteration job 122271031 for COM building with 2 apartments in Park Avenue South, Manhattan, on February 12, 2015.
Most recent Schedule of Occupancy
Litigation:
• Moin Development, David Moinian and Moin Moinian on September 24, 2024, filed a $4.2 million bankruptcy 24-11635-dsj for 47 East 30 Street that has creditor Directed Capital.
• Directed Capital filed a $4.2 million pre-foreclosure 850032/2023 on January 24, 2023, against Moin Development and Moin Moinian at 47 East 30 Street.