817 9 Avenue

Owner: Edward Ostad

Acquired: May 17, 2022, $8.5 million

Debt: July 24, 2024, $10 million

Built: 1910

Renovated: 1967

SF: 6,401

Dwelling units: 6

No. of buildings: 1

Class: Primarily One to Six Families with Stores or Offices (S9)

Floors: 4

Transactions:

• Edward Ostad borrowed $10 million from Citibank for 817 9th Avenue and 819 9th Avenue, Hell’s Kitchen, Manhattan on July 24, 2024.

• Edward Ostad borrowed $6.3 million from Signature Bank for 817 9th Avenue and 819 9th Avenue, Hell’s Kitchen, Manhattan on June 23, 2022.

• Edward Ostad borrowed $6.3 million from Signature Bank for 817 9th Avenue and 819 9th Avenue, Hell’s Kitchen, Manhattan on June 10, 2022.

• Bongju Shim and Ann Hwa Yup Shim sold 817 9th Avenue and 819 9th Avenue, Hell’s Kitchen, Manhattan for $8.5 million to Edward Ostad on May 17, 2022.

Development:

• Amram Tehrani filed plans for alteration in Manhattan, on August 28, 2023.

• Amram Tehrani filed plans for alteration in Hell’s Kitchen, Manhattan, on June 21, 2022.

• Bong Ju Shim filed plans for A3 in Hell’s Kitchen, Manhattan, on July 12, 2013.

Violations:

According to city public data, the properties have received two housing violations and $750 in OATH penalties in the last year.

Latest Stories:

• Edward Ostad pays $8.5M for two mixed-use properties in Hell’s Kitchen (May 18, 2022)