John Gupta pays $7.5M to Bruce Haley for two walkups in Carnegie Hill

John Gupta through the entity Omni 89 LLC paid $7.5 million to Bruce Haley through the entity 107-109 East 89th St.,LLC for the 19-unit residential walkup building (C5) at 107 East 89th Street and the 18-unit residential walkup building (C5) at 109 East 89th Street in Carnegie Hill, Manhattan. The expected use is cash flowing.
The deal closed on December 11, 2025 and was recorded on December 24, 2025. The two properties have 19,620 square feet of built space and 924 square feet of additional air rights for a total buildable of 20,536 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $382 and the price per buildable square foot is $365 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 signatory for Bruce Haley was Bruce Haley. The signatory for John Gupta was John Gupta. The contract date was October 7, 2025.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has no record that the buyer John Gupta had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Bruce Haley had not purchased any other properties and sold seven properties in six transactions for a total of $34.1 million over the same time period. The former owners according to the Department of Housing Preservation and Development includes Bruce Haley, head officer and Gustavo Almonte, site manager. The business entity is 107-109 East 89th Street Llc. The two properties with a total of 19,620 square feet of built space generated revenue of $961,188 per year or $49 per square foot. The sale price per square foot was $382.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the properties for the past 24 months. In addition, according to city public data, the properties have received three housing violations in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On the tax block of 107 East 89th Street, PincusCo has identified the owners of 15 of the 22 commercial properties representing 360,378 square feet of the 474,305 square feet. The largest owner is Roberta L. Koeppel, followed by Caiola Family and then John Young.
There are no active new building construction projects on this tax block.

The majority, or 68 percent of the 474,305 square feet of built space are elevator buildings, with walkup buildings next occupying 30 percent of the space.

The buyer

The PincusCo database currently indicates that John Gupta owned at least one commercial property with 30 residential units in New York City with 30,572 square feet and a city-determined market value of $7.2 million. (Market value is typically about 50% of actual value.) The portfolio has $8.1 million in debt, borrowed from New York Community Bank. The portfolio consists of at least a single elevator property. It is located in Queens.

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