Derby Copeland Capital pays $3.7M to Arlene Ocampo for property in East Village

Derby Copeland Capital through the entity Derby 60, LLC paid Arlene Ocampo’s 19 First Ave LLC $3.7 million for 19 1st Avenue in East Village. The deal closed on October 21, 2020 and was recorded on January 21, 2021. The transaction consists of 1 parcel, including the tax class primarily three family with store or office (S3) and containing 3 residential units. The property is 2,848 square feet.
The buyer is a private equity investor and bridge lender. The singatory for the buyer was Jesse Hutcher a principal with Derby. .
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.

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