934 1 Avenue
Turtle Bay, Manhattan
Parcel ID (BBL): 1013630001
Owner: Cbsk Developers
Acquired: June 30, 2023, $34.5 million
Debt: February 24, 2025, $88 million
Built: 1941
Renovated: 2013
SF: 38,720
Dwelling units: 36
No. of buildings: 1
Class: Semi-Fireproof With Stores (D7)
Floors: 6
Transactions:
• CBSK Developers borrowed $88 million from TYKO Capital for 930 1st Avenue, 936 1st Avenue, and 409 East 51st Street, Turtle Bay, Manhattan on February 24, 2025.
• CBSK Developers borrowed $21.3 million from Metropolitan Commercial Bank for 930 1st Avenue, 936 1st Avenue, and 409 East 51st Street, Turtle Bay, Manhattan on June 30, 2023.
• Giorgio Angelini sold 930 1st Avenue, Turtle Bay, Manhattan for $34.5 million to CBSK Developers on June 30, 2023.
Development:
• SK Development filed new building job M00951363 for 123,547 sqft R-2 building with 86 apartments in Turtle Bay, Manhattan, on October 30, 2023.
• John Schwab filed new building job 120041267 for 75,810 sqft R-2 building with 67 apartments in Turtle Bay, Manhattan, on May 19, 2009.
• Elias Kougemitros filed alteration job M01387575 for 173,523 sqft building with 83 apartments in Turtle Bay, Manhattan, on April 29, 2026.
• Elias Kougemitros filed alteration job M01359028 for 10 sqft building with 83 apartments in Turtle Bay, Manhattan, on February 25, 2026.
• Elias Kougemitros filed alteration job M01358422 for 840 sqft building with 0 apartments in Turtle Bay, Manhattan, on February 18, 2026.
• Elias Kougemitros filed alteration job M01353187 for 689 sqft R-2 building with 0 apartments in Turtle Bay, Manhattan, on February 06, 2026.
• Elias Kougemitros filed alteration job M01342242 for 100 sqft building with 83 apartments in Turtle Bay, Manhattan, on January 20, 2026.
Most recent Zoning Diagram (ZD1)
Violations:
According to city public data, the properties have received $33,750 in ECB penalties and $39,520 in OATH penalties in the last year.