1571 3 Avenue

Owner: Aryeh Realty

Acquired: July 26, 2022, $4.5 million

Debt: November 21, 2023, $8.2 million

Built: 1910

Renovated: 1989

SF: 7,285

Dwelling units: 9

No. of buildings: 1

Class: Over Six Families With Stores (C7)

Floors: 5

Transactions:

• Aryeh Realty borrowed $8.2 million from Flushing Bank for 1571 3rd Avenue and 1573 3rd Avenue, Yorkville, Manhattan on November 21, 2023.

• Aryeh Realty borrowed $9 million from Derby Copeland Capital for 1571 3rd Avenue and 1573 3rd Avenue, Yorkville, Manhattan on July 26, 2022.

• Katherine Wankel sold 1571 3rd Avenue, Yorkville, Manhattan for $4.5 million to Aryeh Realty on July 26, 2022.

Development:

• David Elbaz filed plans for alteration in Manhattan, on September 01, 2023.

• David Elbaz filed plans for alteration in Yorkville, Manhattan, on September 21, 2022.

• David Elbaz filed plans for alteration in Yorkville, Manhattan, on September 14, 2022.

• Kathy Wankel filed plans for alteration in Yorkville, Manhattan, on February 20, 2001.

• Katherine Wankel filed plans for major alteration in Yorkville, Manhattan, on July 29, 2005.

Violations:

According to city public data, the properties have received three housing violations and $50 in OATH penalties in the last year.