Alchemy Ventures
800 Third Ave Fl. 22. New York NY 10022
160 Broadway, Suite 501 New York, NY 10038
60 Cutter Mill Rd #601Great Neck, NY 11021
People:
Alchemy Ventures NYC portfolio
$164.1 million -walkup 76%, elevator 15%, mixed-use 7%; Brooklyn 60%, Manhattan 38%*
1081th largest portfolio by dollar value
313,093 sqft – walkup 82%, elevator 11%, mixed-use 5%; Brooklyn 75%, Manhattan 22%, Queens 1%
1139th largest by SF
37 properties – Brooklyn 81%, Manhattan 16%, Queens 2%
257th largest
346 residential units – Brooklyn 79%, Manhattan 18%, Queens 1%
746th largest by residential units
Notes
Alchemy Properties, Alchemy-ABR Investment Partners and Alchemy Ventures share common executives.
Company Activity past 24 months:
Buyer company: 3 for $32 million
Seller company: 4 for $27.1 million
Borrower company: 3 for $20.8 million
Top Ten Associated Companies:
Carlyle Group (2), Greenbrook Partners (2), Fortress Investment Group (2), Sun Frontier Fudousan Co. (1), Mahbub U. Rahman (1), Peapack Private Bank & Trust (1), Wilbee Corporation (1), Yitzchok Lebowitz (1), Matt Bader (1), Citizens Bank (1)
Top Ten Associated People:
Michael A. Mulia (1), Mahbub U. Rahman (1), Jennifer Lico (1), Maxwell Kaestner (1), Yitzchok Lebowitz (1), Matt Bader (1), William G. Dessoffy (1), Carter Martin (1), Samantha Stewart (1), Jacob Lang (1)
Recent activity as company:
• Alchemy Ventures sold 1065 Bedford Avenue for $5.1 million to Yitzchok Lebowitz on February 25, 2026.
• RYCO Capital and Alchemy Ventures sold 329 Henry Street for $5.5 million to Wilbee Corporation on January 30, 2026.
• Alchemy Ventures borrowed $5.7 million from Peapack Private Bank & Trust for None on January 27, 2026.
• Soonbin Kim sold None for $8.7 million to Alchemy Ventures on January 27, 2026.
• RYCO Capital and Alchemy Ventures sold 115 Pacific Street for $7.1 million to Carlyle Group and Greenbrook Partners on December 19, 2025.
• Serota Ventures and Alchemy Ventures sold 139 East 13 Street for $9.4 million to Sun Frontier Fudousan Co. on August 01, 2025.
• Arbor Multifamily Acquisition Company sold 151 Avenue A for $10.8 million to Alchemy Ventures on March 14, 2025.
• Alchemy Ventures borrowed $7.5 million from Walker & Dunlop for 151 Avenue A on March 14, 2025.
• Randal Gindi and Zach Gindi sold 251 Church Street for $12.6 million to Alchemy Ventures on August 16, 2024.
• Alchemy Ventures borrowed $7.6 million from Citizens Bank for 251 Church Street on August 16, 2024.
Latest Stories:
• Wilbee Corporation pays $5.5M to RYCO, Alchemy for mixed-use in Cobble Hill (February 24, 2026)
• Wilbee Corporation pays $5.5M to RYCO for 7-unit walkup in South Slope (February 13, 2026)
• Wilbee Corporation pays $5.8M to RYCO Capital for 5-unit walkup in Park Slope (February 09, 2026)
• Alchemy Ventures pays $8.7M for 8-unit walkup in East Village (January 30, 2026)
• Lloyd Properties pays $3.4M to RYCO Capital for mixed-use in South Slope (December 23, 2025)
• Sun Frontier pays $9.4M to Serota Ventures for 20-unit walkup in East Village (August 12, 2025)
• Alchemy Ventures pays $10.8M to Arbor for 8-unit walkup in East Village (March 25, 2025)
• RYCO Capital signs $78.7M refi for nine properties in Manhattan (March 21, 2024)
Properties: