59 2 Avenue
East Village, Manhattan
Parcel ID (BBL): 1004590032
Owner: Icon Realty Management
Acquired: July 21, 2025, $10.9 million
Debt: July 21, 2025, $20 million
Built: 1903
Renovated: 1986
SF: 36,720
Dwelling units: 33
No. of buildings: 1
Class: Miscellaneous (D9)
Floors: 9
Transactions:
• Icon Realty Management borrowed $20 million from Derby Copeland Capital for 57-59 2nd Avenue, East Village, Manhattan on July 21, 2025.
• Icon Realty Management and Sunny Capital Management and Daniel Sundheim and Scott Zinober sold 57-59 2nd Avenue, East Village, Manhattan for $10.9 million to Icon Realty Management and Terrence Lowenberg and Todd Cohen and Josh Hackel and Zach Levine and Marc Lowenberg and Gary Levine and Sandra Eggers and Jeff Heydt and Robert Burton and Sydney Levine on July 21, 2025.
• Icon Realty Management borrowed $18.2 million from Series 2019-Icon for 57-59 2nd Avenue, East Village, Manhattan on June 12, 2024.
Development:
• Terrence Lowenberg filed plans for alteration in East Village, Manhattan, on July 11, 2025.
• Mandeep Kaur filed plans for alteration in East Village, Manhattan, on July 10, 2025.
• Mandeep Kaur filed plans for alteration in East Village, Manhattan, on October 25, 2024.
• Terrence Lowenberg filed plans for alteration in East Village, Manhattan, on November 21, 2023.
• Terrence Lowenberg filed plans for alteration in East Village, Manhattan, on May 25, 2022.
Violations:
According to city public data, the properties have received one DOB violation, 10 housing violations, and $380 in OATH penalties in the last year.