939 East 138 Street

Owner: Sprague

Acquired: June 30, 2021, $36 million

Debt: September 13, 2024, $130.8 million

Built: 1948

SF: 4,424

Dwelling units: 0

No. of buildings: 4

Class: Tank Farms (F8)

Floors: 1

Transactions:

• Sprague borrowed $130.8 million from Rabobank for 939 East 138th Street, 184 Locust Avenue, 220 Locust Avenue, 302 Locust Avenue, and 290 Locust Avenue, Mott Haven, Bronx on September 13, 2024.

• Sprague sold 939 East 138th Street, 184 Locust Avenue, 290 Locust Avenue, 302 Locust Avenue, and 220 Locust Avenue, Mott Haven, Bronx for $36 million to Hartree Partners on June 30, 2021.

• Sprague borrowed $56 million from MUFG Union Bank for 939 East 138th Street, 184 Locust Avenue, 290 Locust Avenue, 302 Locust Avenue, 303 Locust Avenue, and others, Mott Haven, Bronx on August 24, 2020.

Development:

• Aaron Westfall filed alteration job X01387604 for 800 sqft D-2 building with 0 apartments in Mott Haven, Bronx, on April 16, 2026.

• Thomas Carey filed alteration job 220401642 for COM building with 0 apartments in Mott Haven, Bronx, on August 19, 2014.

• Thomas Carey filed alteration job 220359369 for H-3 building with 0 apartments in Mott Haven, Bronx, on March 14, 2014.

• Thomas Carey filed alteration job 210076610 for H-3 building with 0 apartments in Mott Haven, Bronx, on November 03, 2008.

• Thomas Carey filed alteration job 210058293 for H-3 building with 0 apartments in Mott Haven, Bronx, on July 10, 2008.

Violations:

According to city public data, the properties have received $1,240 in ECB penalties and $2,240 in OATH penalties in the last year.

Latest Stories:

• Energy company Sprague signs $150M refi with Rabobank for industrial in Mott Haven (September 16, 2024)

• Energy company Sprague borrows $56M from MUFG Bank for property in Mott Haven (August 25, 2020)