402 East 12 Street

Owner: Icon Realty Management

Debt: July 10, 2025, $6.9 million

Built: 1900

Renovated: 1987

SF: 6,570

Dwelling units: 16

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 5

Transactions:

• Icon Realty Management and D1 Capital Partners borrowed $6.9 million from Bank of America for 402 East 12th Street, East Village, Manhattan on July 10, 2025.

• Icon Realty Management borrowed $7.2 million from Series 2019-Icon for 402 East 12th Street, East Village, Manhattan on June 12, 2024.

Development:

• Muhammad Asim filed plans for alteration in East Village, Manhattan, on September 26, 2024.

• Terrence Lowenberg filed plans for alteration in East Village, Manhattan, on June 22, 2015.

• Terrence Lowenberg filed plans for alteration in East Village, Manhattan, on December 08, 2016.

• Terrence Lowenberg filed plans for alteration in East Village, Manhattan, on December 09, 2016.

• Jerod Gallimore filed plans for A3 in East Village, Manhattan, on November 12, 2014.

Violations:

According to city public data, the properties have received $600 in OATH penalties in the last year.