159 Audubon Avenue

Owner: Summit Properties

Acquired: April 22, 2026, $2.6 million

Debt: April 22, 2026, $1.8 million

Built: 1909

SF: 42,798

Dwelling units: 48

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 6

Transactions:

• Summit Properties borrowed $1.8 million from Flagstar Bank for 155 Audubon Avenue, Washington Heights, Manhattan on April 22, 2026.

• Pinnacle Group sold 155 Audubon Avenue, Washington Heights, Manhattan for $2.6 million to Summit Properties on April 22, 2026.

Development:

• Isak Radoncic filed alteration job 140547950 for R-2 building with 48 apartments in Washington Heights, Manhattan, on September 12, 2016.

• Marc Edelstein filed alteration job 103288853 for building in Washington Heights, Manhattan, on October 11, 2002.

Litigation:

• Pinnacle Group on May 21, 2025, filed a $574.4 million bankruptcy 25-11050 for 155 Audubon Avenue that has creditor Flagstar Bank.

• Flagstar Bank filed a $149.7 million pre-foreclosure 850128/2025 on March 21, 2025, against Pinnacle Group and Joel Wiener at 155 Audubon Avenue.

Violations:

According to city public data, the properties have received $730 in OATH penalties in the last year.