Manaf Saker affiliate pays $6.3M for 3-family in Chelsea

Manaf Saker through the entity Condor 426 W 22st Nyc LLC paid $6.3 million to Maurice Haroche through the entity 426 West 22nd Associates, LLC for the three-unit building (C0) at 426 West 22nd Street in Chelsea, Manhattan.
The deal closed on April 30, 2026 and was recorded on May 14, 2026. The property has 3,440 square feet of built space and 1,994 square feet of additional air rights for a total buildable of 5,439 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $1,831 and the price per buildable square foot is $1,158 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 August 8, 2016, for $7.3 million. The signatory for Maurice Haroche was Peter Graubard . The signatory for Manaf Saker was Manaf Saker, who is a dental surgeon. The contract date was February 9, 2026.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has no record that the buyer Manaf Saker had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Maurice Haroche had not purchased any other properties and had not sold any properties over the same time period. The former owner according to the Department of Housing Preservation and Development is Maurice Haroche, head officer. The business entity is 426 West 22nd Associates Llc.

The property

The 1-4 family building with 3 residential units in Chelsea has 3,440 square feet of built space and 1,994 square feet of additional air rights for a total buildable of 5,439 square feet according to a PincusCo analysis of city data. The parcel has frontage of 19 feet and is 93 feet deep with a total lot size of 1,813 square feet. The zoning is R7B which allows for up to 3 times floor area ratio (FAR) for residential. The property is in the Chelsea Historic District. The city-designated market value for the property in 2022 is $5.4 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received $400 in OATH penalties 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 this tax block, PincusCo has identified the owners of 12 of the 26 commercial properties representing 151,369 square feet of the 235,669 square feet. The largest owner is Brodsky Organization, followed by Sky Management and then Westover Companies.
There are no active new building construction projects on this tax block.

The majority, or 49 percent of the 235,669 square feet of built space are walkup buildings, with elevator buildings next occupying 41 percent of the space.

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