1004170056

Owner: Targo Capital Partners

Acquired: June 04, 2026, $30.8 million

Debt: June 04, 2026, $69.7 million

Built: 1900

Renovated: 1986

SF: 26,550

Dwelling units: 31

No. of buildings: 2

Class: Over Six Families With Stores (C7)

Floors: 6

Legacy BBLs: 1004170056.00000000

Transactions:

• TARGO Capital Partners borrowed $69.7 million from Bridge Investment Group for 181-185 East Houston Street, 38 Carmine Street, 96 Orchard Street, 153 Avenue C, 126 1st Avenue, 156 Orchard Street, and 90 Rivington Street, Lower East Side, Manhattan on June 04, 2026.

• S&H Equities sold 185 East Houston Street, Lower East Side, Manhattan for $30.8 million to TARGO Capital Partners on June 04, 2026.

Development:

• Serge Hoyda filed major alteration job 102593668 for RES building with 25 apartments in Lower East Side, Manhattan, on June 06, 2001.

• Ioannis Choumis filed alteration job M01154026 for 500 sqft C building with 31 apartments in Lower East Side, Manhattan, on December 11, 2024.

• Stephane Ifrah filed alteration job M00641295 for 1,380 sqft RES building with 31 apartments in Lower East Side, Manhattan, on March 03, 2022.

• Stephane Ifrah filed alteration job M00641626 for 1,380 sqft RES building with 31 apartments in Lower East Side, Manhattan, on January 24, 2022.

• Stephane Ifrah filed alteration job M00623317 for 1,380 sqft RES building with 31 apartments in Lower East Side, Manhattan, on December 21, 2021.

• Stephane Ifrah filed alteration job M00219036 for 1,040 sqft B building with 33 apartments in Lower East Side, Manhattan, on September 19, 2019.

Violations:

According to city public data, the properties have received $150 in OATH penalties in the last year.