59 East 3 Street

Owner: Icon Realty Management

Debt: July 22, 2025, $14.2 million

Built: 1910

SF: 28,314

Dwelling units: 79

No. of buildings: 2

Class: Fireproof – With Stores (D6)

Floors: 6

Transactions:

• Icon Realty Management and Sunny Capital Management borrowed $14.2 million from Bank of America for 59/63 East 3rd Street, East Village, Manhattan on July 22, 2025.

• Icon Realty Management borrowed $13.3 million from Series 2019-Icon for 59-61 East 3rd Street, East Village, Manhattan on June 12, 2024.

Development:

• Terrence Lowenberg filed plans for alteration in East Village, Manhattan, on April 21, 2025.

• Yehuda Braun filed plans for major alteration in East Village, Manhattan, on June 24, 2010.

• Terrence Lowenberg filed plans for alteration in East Village, Manhattan, on September 20, 2018.

• Jeffrey Braun filed plans for alteration in East Village, Manhattan, on December 16, 2009.

• Terrence Lowenberg filed plans for alteration in East Village, Manhattan, on July 16, 2018.

Violations:

According to city public data, the properties have received two DOB violations and $400 in OATH penalties in the last year.