162 East 116 Street
East Harlem, Manhattan
Parcel ID (BBL): 1016430047
Owner: Bawabeh Brothers
Debt: June 12, 2025, $15 million
Built: 1920
SF: 6,895
Dwelling units: 0
No. of buildings: 2
Class: Two Story or Store and Office (K2)
Floors: 2
Transactions:
• Bawabeh Brothers borrowed $15 million from Symetra Life Insurance Company for 162-164 East 116th Street, 2923-2927 3rd Avenue, 1046 Southern Boulevard, 1619 Sheepshead Bay Road, and 918 Seneca Avenue, East Harlem, Manhattan on June 12, 2025.
• Bawabeh Brothers borrowed $13.5 million from Ladder Capital for 162 East 116th Street, 2927 3rd Avenue, 1046 Southern Boulevard, 918 Seneca Avenue, and 1619 Sheepshead Bay Road, East Harlem, Manhattan on November 14, 2024.
Development:
• Ezra Mizrachi filed plans for alteration in East Harlem, Manhattan, on June 22, 2018.
• Ezra Mizrachi filed plans for alteration in East Harlem, Manhattan, on March 04, 2010.
• Michael Lam filed plans for alteration in East Harlem, Manhattan, on August 22, 2002.
• Eddie Mizrachi filed plans for alteration in East Harlem, Manhattan, on November 09, 2015.
• Michael Lamb filed plans for A3 in East Harlem, Manhattan, on September 20, 2004.
Violations:
According to city public data, the properties have received $460 in OATH penalties in the last year.