934 1 Avenue
Turtle Bay, Manhattan
Parcel ID (BBL): 1013630001
Owner: Cbsk Developers
Acquired: June 30, 2023, $34.5 million
Debt: February 24, 2025, $88 million
Built: 2025
Renovated: 2025
SF: 157,446
Dwelling units: 83
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 29
Legacy BBLs: 1013630001.00000000
HPD Ownership Registration Information
Last registered: 2024-10-08 (expires 2025-09-01)
51St Street Fee Owner Llc
Corporate Owner
591 THIRD AVE 227 New York, NY, 10016
Elias Kougemitros
Agent
591 THIRD AVE New York, NY, 10009
Elias Kougemitros
Site Manager
Transactions:
• CBSK Developers borrowed $88 million from TYKO Capital for 930 1st Avenue, 936 1st Avenue, and 409 East 51st Street, Turtle Bay, Manhattan on February 24, 2025.
• CBSK Developers borrowed $21.3 million from Metropolitan Commercial Bank for 930 1st Avenue, 936 1st Avenue, and 409 East 51st Street, Turtle Bay, Manhattan on June 30, 2023.
• Giorgio Angelini sold 930 1st Avenue, Turtle Bay, Manhattan for $34.5 million to CBSK Developers on June 30, 2023.
Development:
• SK Development filed new building job M00951363 for 123,547 sqft R-2 building with 86 apartments in Turtle Bay, Manhattan, on October 30, 2023.
• John Schwab filed new building job 120041267 for 75,810 sqft R-2 building with 67 apartments in Turtle Bay, Manhattan, on May 19, 2009.
• Elias Kougemitros filed alteration job M01418224 for building in Turtle Bay, Manhattan, on June 22, 2026.
• Elias Kougemitros filed alteration job M01387575 for 173,523 sqft building with 83 apartments in Turtle Bay, Manhattan, on April 29, 2026.
• Elias Kougemitros filed alteration job M01359028 for 10 sqft building with 83 apartments in Turtle Bay, Manhattan, on February 25, 2026.
• Elias Kougemitros filed alteration job M01358422 for 840 sqft building with 0 apartments in Turtle Bay, Manhattan, on February 18, 2026.
• Elias Kougemitros filed alteration job M01353187 for 689 sqft R-2 building with 0 apartments in Turtle Bay, Manhattan, on February 06, 2026.
Most recent Zoning Diagram (ZD1)
Condominium:
• Scott Shnay filed plans CD260206 on June 04, 2026 for 108-unit condominium called 401 East 51st Street Condominium at 401 East 51st Street.
Violations:
According to city public data, the properties have received $33,750 in ECB penalties and $13,970 in OATH penalties in the last year.