725 Avenue Of The Americas
Chelsea, Manhattan
Parcel ID (BBL): 1007990040
Built: 1920
Renovated: 1986
SF: 6,272
Dwelling units: 6
No. of buildings: 1
Class: Primarily Five to Six Family With Store or Office (S5)
Floors: 4
Transactions:
• Fairstead borrowed $5.3 million from Signature Bank for 725 6th Avenue, Chelsea, Manhattan on August 19, 2022.
• Simon D. Abeckaser sold 725 6th Avenue, Chelsea, Manhattan for $10.8 million to Fairstead on August 19, 2022.
• Simon D. Abeckaser borrowed $5.5 million from Deepdale Funding NY II LLC for 725 Avenue Of The Amer, Chelsea, Manhattan on October 18, 2021.
• Hirshmark Capital on August 13, 2021 bought a loan with an original principal of $4.6 million from Ponce Bank, signed by Frank Perez, secured by 725 Avenue Of The Amer, Chelsea, Manhattan, when owned by Simon Abeckaser.
Development:
• Dan Mizrachi filed plans for alteration in Chelsea, Manhattan, on August 04, 2020.
• Simon Avikassir filed plans for alteration in Chelsea, Manhattan, on December 02, 2015.
• Simon Avikassir filed plans for alteration in Chelsea, Manhattan, on July 27, 2020.
• Shimon Abeckaser filed plans for alteration in Chelsea, Manhattan, on March 15, 2019.
• Simon Abeckaser filed plans for alteration in Chelsea, Manhattan, on March 28, 2011.
Violations:
According to city public data, the properties have received one DOB violation and $1,250 in OATH penalties in the last year.