251 Sherman Avenue
Inwood, Manhattan
Parcel ID (BBL): 1022230005
Built: 1927
SF: 63,445
Dwelling units: 72
No. of buildings: 1
Class: Over Six Families With Stores (C7)
Floors: 5
Transactions:
• Summit Properties borrowed $3.2 million from Flagstar Bank for 241/251 Sherman Avenue, Inwood, Manhattan on April 21, 2026.
• Pinnacle Group sold 241/251 Sherman Avenue, Inwood, Manhattan for $4.8 million to Summit Properties on April 21, 2026.
• Pinnacle Group borrowed $7.2 million from New York Community Bank for 241 Sherman Avenue, Inwood, Manhattan on September 24, 2021.
Development:
• Meir Bouskilla filed alteration job 122557857 for RES building with 72 apartments in Inwood, Manhattan, on October 16, 2015.
• Meir Bouskila filed alteration job 140171748 for COM building with 72 apartments in Inwood, Manhattan, on March 12, 2014.
• Meir Bouskila filed alteration job 140171711 for COM building with 72 apartments in Inwood, Manhattan, on March 12, 2014.
• Meir Bouskila filed alteration job 120800856 for COM building with 72 apartments in Inwood, Manhattan, on August 23, 2011.
• Joel Aragona filed alteration job 103625702 for building in Inwood, Manhattan, on November 18, 2003.
Litigation:
• Pinnacle Group on May 21, 2025, filed a $574.4 million bankruptcy 25-11050 for 241 Sherman 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 241 Sherman Avenue.
Violations:
According to city public data, the properties have received $2,500 in ECB penalties, $6,660 in OATH penalties, and one housing litigation in the last year.