535 East 12 Street

Owner: Smj Development

Acquired: September 26, 2024, $6.9 million

Debt: September 26, 2024, $6.3 million

Built: 2021

Renovated: 2020

SF: 10,067

Dwelling units: 11

No. of buildings: 1

Class: Fireproof (Standard Construction Without Stores) (D3)

Floors: 6

Transactions:

• Neighborhood Restore sold 535 East 12th Street, Alphabet City, Manhattan for $6.9 million to SMJ Development on September 26, 2024.

• SMJ Development borrowed $6.3 million from Community Preservation Corporation for 535 East 12th Street and 204 Avenue A, Alphabet City, Manhattan on September 26, 2024.

Development:

• Juan Barahona filed plans for A3 in Alphabet City, Manhattan, on June 07, 2022.

• Juan Barahona filed plans for A3 in Alphabet City, Manhattan, on May 12, 2022.

• Juan Barahona filed plans for alteration in Alphabet City, Manhattan, on December 01, 2021.

• Juan Barahona filed plans for alteration in Alphabet City, Manhattan, on January 08, 2021.

• Kieran Slevin filed plans for alteration in Alphabet City, Manhattan, on February 13, 2020.

Violations:

According to city public data, the properties have received $50 in OATH penalties in the last year.

Latest Stories:

• SMJ Development borrows $15M from Community Preservation Corp. for new construction in East Village (December 26, 2019)