The Zucker Organization through the entity 34th St. South LLC as borrower signed a refi loan with lender John Hancock Life Insurance valued at $55 million for the 195-unit residential elevator building (D6) at 115 East 34th Street in Grand Central, Manhattan. The deal closed on November 26, 2024 and was recorded on December 9, 2024. The prior lender was Bayerische Landesbank which held debt…
SL Green Realty through the entity SLG 100 Park LLC as borrower signed a refi loan with lender Aareal Capital valued at $423 million for the office building (O4) at 100 Park Avenue in Grand Central, Manhattan. This is a $63 million supplemental loan, on top of an existing $360 million refinance obtained in 2021. The deal closed on December 5, 2024 and was recorded…
Eyal Ofer’s Global Holdings Management Group through the entity 410 Park Avenue Associates, L.P. as borrower signed a refi loan with an affiliate of Global Holdings through the entity Feoh Funding LLC valued at $123.9 million for the office building (O4) at 410 Park Avenue in Midtown East, Manhattan. The deal closed on December 2, 2024 and was recorded on December 9, 2024. The prior…
RW Real Estate Group through the entity 2601 E. Tremont LLC paid $3 million to Jason Yong Min Choe through the entity Bys Properties LLC for the retail building (K1) at 2601 East Tremont Avenue in Westchester Square, Bronx. The expected use is cash flowing. The deal closed on November 19, 2024 and was recorded on December 9, 2024. The property has 5,177 square feet…
Anshel Niederman through the entity 267 Clifton Ave LLC paid $3.5 million to Oak Tree Residential through the entity OTA 267 Clifton, LLC for the 20-unit residential walkup building (C1) at 267 Clifton Place in Bedford Stuyvesant, Brooklyn. The expected use is cash flowing. The deal closed on November 22, 2024 and was recorded on December 9, 2024. The property has 17,600 square feet of…
The entity Gondproperty LLC acquired a 75 percent interest in the industrial building (E9) at 38-40 10th Street in Long Island City, Queens, from baker Philip Kirsh valued at $8.1 million. This was an entity-level transaction. The deal closed on November 29, 2024 and was recorded on December 9, 2024. The property has 20,900 square feet of built space and 104,000 square feet of additional…
Care for the Homeless through the entity Cfh Blondell Housing Development Fund Corporation paid $46.4 million to Foremost Real Estate through the entity 1374 Blondell LLC for the 18-unit shelter building (N2) at 1364-1400 Blondell Avenue in Westchester Square, Bronx. The expected use is owner occupied. On the lot, there was a new building construction project, 210181863, for an 18-unit, 34,375 square-foot shelter (R-1) building….
The controversial pastor who leads a conservative Christian church located at 36-38 West 123rd Street, in Harlem, Manhattan, filed what may be a last-ditch effort to block the foreclosure sale of that historic brownstone building constructed in 1889, which is home to his Bethelite Community Baptist Church and affiliated entity the Atlah World Missionary Church. The present balance of the judgment is approximately $3.7 million,…
Wheelhouse Property through the entity 32 East 22nd Street, LLC as borrower signed a refi loan with lender EquityMultiple through the entity Em Ascent 6, LLC valued at $10.2 million for the three-unit mixed-use building (S3) at 32 East 22nd Street in Flatiron District, Manhattan. The deal closed on November 21, 2024 and was recorded on December 6, 2024. The prior lender was Dime Community…
Alf Naman Real Estate through the entity 125 Owners LLC as borrower signed a refi loan with lender Marathon Asset Management through the entity MAM Collateral Agent, LLC valued at $24.6 million for the industrial building (G1) at 738 Greenwich Street in West Village, Manhattan. The deal closed on December 3, 2024 and was recorded on December 6, 2024. The prior lender was First-Citizens Bank…
Alexander Hall’s Wyckoff Street Developments through the entity Wyckoff Street Developments LLC paid $2.9 million for the three-unit building (C0) at 67 Lefferts Place in Clinton Hill, Brooklyn. The deal closed on November 20, 2024 and was recorded on December 6, 2024. The property has 4,008 square feet of built space and 2,156 square feet of additional air rights for a total buildable of 6,160…
The nonprofit On Your Mark through the entity On Your Mark, Inc. paid the Roman Catholic Church of Saints Peter and Paul $10.9 million for religious buildings (W2) at 129 Clinton Avenue, 148 Cassidy Place and others in Randall Manor, Staten Island. The deal closed on June 20, 2024 and was recorded on December 6, 2024. The four properties have 34,232 square feet of built…
Martin Espinal of City Fresh Market through the entity Espinal Partners LLC paid $12 million to Angelo Avena through the entity Woodside 31st Avenue LLC for the retail building (K1) at 54-02 31st Avenue in Woodside, Queens. The expected use is owner occupied. The deal closed on November 26, 2024 and was recorded on December 6, 2024. The property has 13,267 square feet of built…
Renaissance Realty Group, Meir Tabak and Samuel Kairy through the entity 583-589 Knickerbocker Ave Partners LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $9.7 million for three properties with 20 residential units including the 10-unit residential walkup building (C1) at 585 Knickerbocker Avenue, the 10-unit residential walkup building (C1) at 589 Knickerbocker Avenue,…
Yellowstone Real Estate Investments through the entity YS 541 Lexington Owner LLC as borrower signed an acquisition loan with lender Fortress Investment Group through the entity Fortress Credit Corp. valued at $90 million for the hotel building (H1) at 541 Lexington Avenue in Midtown East, Manhattan. Yellowstone acquired the building through a $140 million credit bid at an October 2024 New York State Supreme Court…
Abe Shalitsky and Mitchel Berkowitz through the entity 106-108 Marcy Realty LLC paid $4.5 million through a judicial foreclosure for the 56-unit residential walkup building (C1) at 106 Marcy Place in Mt Eden, Bronx. The expected use is cash flowing. The deal closed on November 14, 2024 and was recorded on December 5, 2024. The property has 55,084 square feet of built space and 26,016…
Lakhi Zoria through the entity 129 Metropolitan Ave LLC paid $5.3 million to Maurice Kohan through the entity 129 Metropolitan Group LLC for mostly vacant lots at 129-19 Metropolitan Avenue and at 129-11 Metropolitan Avenue in Kew Gardens, Queens. The space has been occupied by a used car dealer. This is a likely development site. The deal closed on November 18, 2024 and was recorded…
The nonprofit Commonpoint NY which also does business as the Samuel Field YM & YWHA paid $7.9 million to Madison Square Boys & Girls Club for the specialty building (P3) at 1665 Hoe Avenue in East Morrisania, Bronx. The expected use is cash flowing. The deal closed on November 27, 2024 and was recorded on December 5, 2024. The property has 36,900 square feet of…
Wei Chen through the entity 1037 Development LLC paid $8.4 million to Christopher Scala through the entity 10-37 49th Ave. Corp. for the industrial building (E2) at 10-45 49th Avenue and the office building (O5) at 10-37 49th Avenue in Long Island City, Queens. The expected use is ground up development. The deal closed on November 22, 2024 and was recorded on December 5, 2024….
The entity 32 East 22nd Street, LLC paid $10.4 million to Robert Siegel through the entity SR 3222, LLC for the three-unit mixed-use building (S3) at 32 East 22nd Street in Flatiron District, Manhattan. The expected use is cash flowing. The deal closed on November 21, 2024 and was recorded on December 5, 2024. The property has 8,900 square feet of built space and 4,109…
