624 11 Avenue

Hell’s Kitchen, Manhattan

Parcel ID (BBL): 1010740063

Acris records

Owner: Chess Builders

Acquired: March 28, 2024, $33.2 million

Debt: December 26, 2025, $125 million

Built: 2024

Renovated: 2024

SF: 100,233

Dwelling units: 50

No. of buildings: 1

Class: Fireproof – With Stores (D6)

Floors: 14

Legacy BBLs: 1010740063.00000000

Transactions:

Chess Builders borrowed $125 million from MF1 Capital for 622 11th Avenue and 554 West 46th Street, Hell’s Kitchen, Manhattan on December 26, 2025.

Cheskel Schwimmer borrowed $95 million from Valley National Bank for 622 11th Avenue, 555 West 45th Street, and 554 West 46th Street, Hell’s Kitchen, Manhattan on March 31, 2025.

Cheskel Schwimmer borrowed $70 million from Valley National Bank for 616 11th Avenue, Hell’s Kitchen, Manhattan on April 02, 2024.

Extell Development, Bluestone Group and Princeton Real Estate Partners sold 616 11th Avenue, Hell’s Kitchen, Manhattan for $33.2 million to Cheskel Schwimmer on March 28, 2024.

Development:

Chess Builders filed new building job M01020109 for 127,613 sqft R-2 building with 188 apartments in Hell’s Kitchen, Manhattan, on March 22, 2024.

William Henrich filed major alteration job 124039138 for 15,360 sqft S-2 building with 0 apartments in Hell’s Kitchen, Manhattan, on January 17, 2024.

• Eddie Gazheli filed alteration job M01178810 for 180,577 sqft building with 132 apartments in Hell’s Kitchen, Manhattan, on February 12, 2025.

• Eddie Gazheli filed alteration job M01112991 for 180,577 sqft building with 132 apartments in Hell’s Kitchen, Manhattan, on January 08, 2025.

• Eddie Gazheli filed alteration job M01112996 for 180,577 sqft building with 132 apartments in Hell’s Kitchen, Manhattan, on November 25, 2024.

• Eddie Gazheli filed alteration job M01114930 for 180,577 sqft building with 132 apartments in Hell’s Kitchen, Manhattan, on November 08, 2024.

• Eddie Gazheli filed alteration job M01112964 for 180,577 sqft building with 132 apartments in Hell’s Kitchen, Manhattan, on November 08, 2024.

Most recent Schedule of Occupancy

Most recent Zoning Diagram (ZD1)

Litigation:

• Austin Schuster Group filed a $21 million lawsuit 158302/2023 against Extell Development on August 21, 2023,seeking a money judgment related to commissionat 622 11 Avenue.

• Austin Schuster Group filed a $21 million lawsuit 158302/2023 against Extell Development on August 21, 2023,seeking a money judgment related to commissionat 622 11 Avenue.

• Austin Schuster Group filed a $21 million lawsuit 158302/2023 against Extell Development on August 21, 2023,seeking a money judgment related to commissionat 622 11 Avenue.

• Austin Schuster Group filed a $21 million lawsuit 158302/2023 against Extell Development on August 21, 2023,seeking a money judgment related to commissionat 622 11 Avenue.

• Austin Schuster Group filed a $21 million lawsuit 158302/2023 against Extell Development on August 21, 2023,seeking a money judgment related to commissionat 622 11 Avenue.

Violations:

According to city public data, the properties have received $12,300 in ECB penalties and $15,600 in OATH penalties in the last year.

Latest Stories:

• Chess Builders signs $125M refi loan with MF1 Capital for two properties in Hell’s Kitchen (December 29, 2025)

• Extell files 14 demo plans to clear Hell’s Kitchen dev site, no new building plans filed yet (August 07, 2025)

• Cheskel Schwimmer ups debt to $95M at Hell’s Kitchen dev site (April 01, 2025)

• Cheskel Schwimmer of Chess Builders files plans for 56-unit building in Hell’s Kitchen, second on block (May 30, 2024)

• Cheskel Schwimmer of Chess Builders signs $70M construction loan for 188-unit project in Hell’s Kitchen (April 03, 2024)

• Cheskel Schwimmer’s Chess Builders files plans for 132 units in Hell’s Kitchen (March 25, 2024)

• Cheskel Schwimmer has $33.2M contract to buy Hell’s Kitchen dev site from Extell, Tabaks (March 15, 2024)

• Extell, Princeton Real Estate, Robert Gans float $200M settlement for portfolio (September 15, 2022)

• Courts: Bluestone inks purchase option for defaulted $116M loan; 5 foreclosures totaling $19M (January 24, 2022)

Leave a Reply