549 Dr M L King Jr Boulevard

Harlem, Manhattan

Parcel ID (BBL): 1019820005

Acris records

Owner: Ph Realty Capital

Acquired: February 11, 2021, $3.7 million

Debt: March 14, 2022, $0

Built: 1926

Renovated: 1989

SF: 29,436

Dwelling units: 43

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 6

Transactions:

• Toorak Capital Partners on March 14, 2022 bought a loan with an original principal of $5.6 million from IceCap Group, signed by Jack Oved, secured by 543 West 125th Street, Harlem, Manhattan, when owned by Boruch Kleiman.

Boruch Kleiman borrowed $5.6 million from IceCap Group for 543 West 125th Street, West Harlem, Manhattan on February 11, 2021.

Jeffrey Farkas sold 543 West 125th Street, West Harlem, Manhattan for $3.7 million to PH Realty Capital on February 11, 2021.

Development:

• Nicole Reposa filed alteration job M01354729 for 218 sqft building with 43 apartments in Harlem, Manhattan, on February 06, 2026.

• Joanna Gonzalez filed alteration job M08020762 for 745 sqft COM building with 43 apartments in Harlem, Manhattan, on October 18, 2022.

Peter Hungerford filed alteration job M00625105 for 900 sqft RES building with 44 apartments in Harlem, Manhattan, on January 24, 2022.

Peter Hungerford filed alteration job M00613561 for 4,347 sqft RES building with 44 apartments in Harlem, Manhattan, on January 13, 2022.

Peter Hungerford filed alteration job M00613557 for 4,000 sqft RES building with 44 apartments in Harlem, Manhattan, on October 25, 2021.

Litigation:

Toorak Capital Partners filed a $5.6 million pre-foreclosure 850311/2024 on August 16, 2024, against PH Realty Capital, Peter Ryniker Hungerford, Boruch B. Kleinman and Tzvi H. Kleinman at 543 West 125 Street.

Violations:

According to city public data, the properties have received $6,250 in ECB penalties, 279 housing violations, $7,330 in OATH penalties, and one housing litigation in the last year.

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