116 10 Avenue

Chelsea, Manhattan

Parcel ID (BBL): 1007150003

Acris records

Owner: Toll Brothers

Acquired: February 24, 2026, $53 million

Debt: February 24, 2026, $33.5 million

Built: 0

SF: 0

Dwelling units: 0

No. of buildings: 0

Class: Not Zoned Residential or Manhattan Below 110 St (V1)

Legacy BBLs: 1007150002

Transactions:

Toll Brothers borrowed $33.5 million from G4 Capital Partners for 118 Tenth Avenue, Chelsea, Manhattan on February 24, 2026.

Benny Barmapov sold 118 Tenth Avenue, Chelsea, Manhattan for $53 million to Toll Brothers on February 24, 2026.

Benny Barmapov borrowed $7.5 million from Popular Bank for 118 10th Avenue, Chelsea, Manhattan on May 12, 2020.

Real Estate Equities Corporation sold 118 10th Avenue, Chelsea, Manhattan for $7.8 million to GDS on February 10, 2020.

Development:

• Mark Cordasco filed new building job M01373235 for 185,396 sqft R-2 building with 105 apartments in Chelsea, Manhattan, on March 27, 2026.

• Michael Kirchman filed new building job 121206738 for 80,376 sqft B building in Chelsea, Manhattan, on December 06, 2019.

• Micheal Kirchmann filed major alteration job 121243332 for 16,619 sqft B building in Chelsea, Manhattan, on June 19, 2017.

Benny Barmapov filed major alteration job 102763001 for COM building in Chelsea, Manhattan, on September 06, 2000.

• Michael Kirchman filed alteration job M00296933 for 70,505 sqft B building with 0 apartments in Chelsea, Manhattan, on April 25, 2022.

• Michael Kirchman filed alteration job M00290656 for 70,505 sqft B building with 0 apartments in Chelsea, Manhattan, on April 21, 2022.

• Michael Kirchman filed alteration job M00710878 for 16,804 sqft B building with 0 apartments in Chelsea, Manhattan, on April 12, 2022.

• Michael Kirchman filed alteration job M00298277 for 70,505 sqft B building with 0 apartments in Chelsea, Manhattan, on April 07, 2022.

• Colm Coen filed alteration job M00527724 for 13,760 sqft building with 0 apartments in Chelsea, Manhattan, on May 28, 2021.

Most recent Schedule of Occupancy

Most recent Zoning Diagram (ZD1)

Litigation:

Brandon Miller and Douglas Teitelbaum on July 11, 2024, filed a $13.2 million bankruptcy 24-11218-pb for 118 Tenth Avenue.

Violations:

According to city public data, the properties have received $750 in OATH penalties in the last year.

Leave a Reply