Transfers

RH Brooklyn Capital through the entity RH Park Place LLC paid $2.8 million for the three-unit building (C0) at 273 Park Place in Prospect Heights, Brooklyn. The expected use is cash flowing. The deal closed on July 24, 2025 and was recorded on August 8, 2025. The property has 2,880 square feet of built space and 1,839 square feet of additional air rights for a…

Trans World Equities through the entity Usw Ventures, LLC as borrower signed a refi loan with lender Bank of America  valued at $11.8 million for the retail and office building (O5) at 857 Broadway at the corner of 17th Street in the Flatiron District, Manhattan. The building is just north of Union Square. The deal closed on June 27, 2025 and was recorded on August…

HUBB NYC through the entity 186-188 First Ave LLC as borrower signed a initial loan with lender M&T Bank through the entity Manufactures And Traders Trust Company valued at $13.6 million for two residential walkup properties with 16 residential units including the eight-unit residential walkup building (C7) at 188 First Avenue and the adjacent eight-unit residential walkup building (C7) at 186 First Avenue in East…

IBEC Building through the entity Clermont Armory L.L.C. as borrower signed a refi loan with lender Citizens Bank valued at $15.4 million for the 111-unit residential elevator building (D7) at 167-179 Clermont Avenue in Fort Greene, Brooklyn. The deal closed on July 31, 2025 and was recorded on August 12, 2025. The prior lender was Valley National Bank which held debt that had an original…

Capstone Equities through the entity Life 31 LLC as borrower signed a refi loan with lender Deutsche Bank through the entity DBR Investments Co. Limited valued at $18.5 million for the Life Hotel building (H3) at 19 West 31st Street in Penn Plaza, Manhattan. The deal closed on August 8, 2025 and was recorded on August 12, 2025. The prior lender was Maxim Capital Group…

AbeCo Organization through the entity Quentin Plaza LLC as borrower signed a refi loan with lender Morgan Stanley valued at $18.5 million for the 41-unit residential elevator building (D6) at 1881 to 1887 Mcdonald Avenue, with an alternate address of 361 to 369 Quentin Road, in Gravesend, Brooklyn. The deal closed on August 1, 2025 and was recorded on August 12, 2025. The prior lender…

Philips International through the entity 2075 Retail Co, LLC as borrower signed a refi loan with lender Bank of China valued at $27.6 million for three retail condominium units at 200 West 72nd Street in Upper West Side, Manhattan. The deal closed on July 24, 2025 and was recorded on August 12, 2025. The prior lender was Bank of China which held debt that had…

Bayrock Capital through the entity Crowne Partners LLC as borrower signed a refi loan with lender Customers Bank valued at $40 million for the 335-unit hotel building (H3) at 138-10 135th Avenue in South Ozone Park, Queens. This is the former Crowne Plaza JFK Airport New York City. The deal closed on July 24, 2025 and was recorded on August 12, 2025. The prior lender…

Nedzad Kolenovic through the entity 227 E 203 Realty LLC paid $3.2 million to Beryl Shaw, Fradel Kaplan, and Harvey Wolinetz through the entity Bps 203 Realty LLC for the 43-unit residential elevator building (D1) at 227 East 203rd Street in Bedford Park, Bronx. The expected use is cash flowing. According to tax records, all the units are rent-regulated. The deal closed on July 31,…

Savo Brothers through the entity Androvette Estates LLC paid $4 million to Robert Mack through the entity 4 Boys Building Inc. for eight development parcels including (V0) at 2 Androvette Avenue,  20 Androvette Avenue and 16 Androvette Avenue in Prince’s Bay, Staten Island, that make up a rectangular development site approximately 160 feet deep and 250 feet wide. The deal closed on July 29, 2025…

John Ilibassi through the entity Two By Four Realty LLC paid $5.3 million to the family that controls the entity Seventy Six Irving Place Inc. for the 22-unit residential elevator building (D1) at 76 Irving Place in Gramercy, Manhattan. The expected use is cash flowing. The deal closed on July 30, 2025 and was recorded on August 12, 2025. The property has 12,492 square feet…

Ashkenazy Acquisition through the entity Queens Lifestyle Center II LLC paid $72 million to Macerich through the entity Wmap, L.L.C. for the retail mall building (K6) at 80-00 Cooper Avenue in Glendale, Queens. The expected use is cash flowing. The deal closed on July 30, 2025 and was recorded on August 12, 2025. The property has 1,037,000 square feet of built space according to a…

Dry Creek Capital Partners through the entity DCC KA-6, LLC acquired through a judicial foreclosure the retail condominium unit at the base of 245 Seventh Avenue, at the corner of 24th Street, in Chelsea, Manhattan. The expected use is hold for sale. The former owner was Maguire Capital Group. The transfer price was $2 million, which is below the market value, but was the credit…

Long Guang Lin through the entity KBH Realty NYC LLC as borrower signed a refi loan with lender Wells Fargo valued at $14 million for the 59-unit residential elevator building (D1) at 2528 Grand Avenue in Fordham Manor, Bronx. The deal closed on July 30, 2025 and was recorded on August 7, 2025. The prior lender was Ponce Bank which held debt that had an…

Jankos Group through the entity 160 20th St LLC as borrower signed a refi loan with lender Arbor Realty Trust through the entity Arbor Commercial Funding I, LLC valued at $14.2 million for two properties with 24 residential units including the 21-unit residential elevator building (D1) at 37-27 32nd Street in Long Island City, Queens and six-unit building at 160 20th Street in Greenwood Heights,…

Chaskel Landau of LC Management USA, through the entity 303 Wythe Ave LLC as borrower signed a refi loan with lender A&E Real Estate Holdings through the entity A&E Real Estate Finance SPV A-1, LLC valued at $20.6 million for the 22-unit residential elevator building (D7) at 303 Wythe Avenue in Williamsburg, Brooklyn. The deal closed on July 31, 2025 and was recorded on August…

Fairstead through the entity Prc Simpson Street LLC as borrower signed a refi loan with lender Berkadia Commercial Mortgage through the entity Berkadia Commercial Mortgage LLC valued at $25.5 million for 12 properties with 317 residential units including the 48-unit residential elevator building (D1) at 940 Tiffany Street in Longwood, Bronx, 43-unit residential elevator building (D7) at 923 Simpson Street in Longwood, Bronx, and 30-unit…

HPNY through the entity HPNY 327 E 10th Street LLC paid $4 million to the estate of Esther Baumrind for the 10-unit residential walkup building (C4) at 327 East 10th Street in East Village, Manhattan. The expected use is cash flowing. The deal closed on August 7, 2025 and was recorded on August 11, 2025. The property has 6,990 square feet of built space and…