244 West 38 Street

Acquired: May 11, 2026, $9 million

Debt: May 11, 2026, $7.5 million

Transactions:

• Joseph Cohen PC registered borrowed $7.5 million from Derby Copeland Capital for 242 West 38th Street, Garment District, Manhattan on May 11, 2026.

• ID Real Estate Partners sold 242 West 38th Street, Garment District, Manhattan for $9 million to Joseph Cohen PC registered on May 11, 2026.

• ID Real Estate Partners borrowed $5.3 million from Fidelity Bank for 242 West 38th Street, Garment District, Manhattan on July 03, 2025.

Development:

• Laura Ammirati filed alteration job M00861960 for 100 sqft COM building with 0 apartments in Garment District, Manhattan, on May 10, 2023.

• Laura Ammirati filed alteration job M00583028 for 6,000 sqft building with 0 apartments in Garment District, Manhattan, on August 26, 2021.

• Laura Ammirati filed alteration job M00335969 for 47,661 sqft building with 0 apartments in Garment District, Manhattan, on March 24, 2020.

• Cathy Burton filed alteration job 140747994 for COM building in Garment District, Manhattan, on March 14, 2018.

• Cathy Burton filed alteration job 140748010 for COM building in Garment District, Manhattan, on March 14, 2018.

Violations:

According to city public data, the properties have received three DOB violations and $2,180 in OATH penalties in the last year.