Aperture Holdings pays $4.8M to Quality Capital USA for rental in Greenpoint

Aperture Holdings through the entity 108 Calyer Owner LLC paid $4.8 million to Quality Capital USA through the entity Quality Bh Yh Williamsburg LLC for eight-unit rental (C1) at 108 Calyer Street in Greenpoint, Brooklyn.
The deal closed on December 15, 2021 and was recorded on January 5, 2022.
The property has 7,020 square feet of built space according to PincusCo analysis of city data. The sale price per built square foot is $680 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on February 25, 2015, for $4.6 million.
The signatory for Quality Capital USA was Joel Hirsch. The signatory for Aperture Holdings was Pir Granoff.

Joel Hirsch is the principal of Quality Capital USA.
The former owners according to the Department of Housing Preservation and Development includes Joel Hirsch, head officer and Joseph Friedman, site manager. The business entity was Quality Bh Yh Williamsburg Llc.

Within a 400-foot radius of 108 Calyer Street, PincusCo identified six commercial real estate items of interests occurred over the past 24 months.
Of those six items, one was in new building development. It was a new building permit issued on November 23, 2021 for a 54,586-square-foot R-2 building with 80 residential units at 33 Franklin Street.
Of those six items, two were for major renovation including a certificate of occupancy change. They were one permit applications with a total initial cost of $572,750 and one permit with a total initial cost of $2 million. The most recent of these two items was the permit on November 10, 2020 for a 14,476-square-foot B building with no residential units at 50 Franklin Street.
Of those six items, two were sales above $5 million totaling $26.4 million. The most recent of the two was Jack Guttman and Pearl Realty Management which bought the 18,320-square-foot, one-unit industrial (E1) on 29 Meserole Avenue for $8.0 million from Lucky’s Real Tomatoes on August 3, 2021.
One of those six items was a loan which Yidel Hirsch borrowed $11.7 million from Popular Bank secured by the 18,537-square-foot, one-unit industrial (G7) on 93 Quay Street on April 2, 2020.

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