FBL Development through the entity 1028 Development LLC paid $5.6 million to Sandra London and Ciro Lupo through the entity Comm Electric, LLC for the development site composed of the industrial building (F9) at 10-30 47th Avenue and the industrial building (G7) at 10-32 47th Avenue in Long Island City, Queens. The expected use is ground up development. The deal closed on July 29, 2025…
Sun Frontier Fudousan Co. through the entity 139 East 13 LLC paid $9.4 million to Serota Ventures and Alchemy Ventures through the entity 139 East 13 Owner LLC for the 20-unit residential walkup building (C4) at 139 East 13th Street in East Village, Manhattan. The expected use is cash flowing. The deal closed on August 1, 2025 and was recorded on August 11, 2025. The…
Pinches Abowitz through the entity 52 4th Ave Holdings LLC paid $10 million to Frank Rio and Martin Joseph through the entity RJ 4th Ave LLC for the 79-unit development site at 52 4th Avenue in Boerum Hill, Brooklyn. The expected use is ground up development. The deal closed on July 29, 2025 and was recorded on August 11, 2025. The development project calls for…
Namdar Realty Group and Klosed Properties through the entity Jay Front Realty LLC paid $54.5 million to CIM Group through the entity 85 Jay Street (Brooklyn), LLC for two retail condominium units at 85 Jay Street in DUMBO, Brooklyn. The expected use is cash flowing. The deal closed on July 28, 2025 and was recorded on August 11, 2025. The two properties have 136,318 square…
Watermark Capital Group through the entity Three Thirty M LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $15 million for the 54-unit building at 330 Melrose Street in Bushwick, Brooklyn. The deal closed on July 30, 2025 and was recorded on August 7, 2025. The prior lender was BridgeCity Capital which held debt that…
Cammeby’s International Group through the entity 1760 Madison LLC as borrower signed a refi loan with lender NewPoint Real Estate Capital through the entity Newpoint Real Estate Capital LLC valued at $17.2 million for the 84-unit residential elevator building (D3) at 1760 Madison Avenue in East Harlem, Manhattan. The deal closed on July 25, 2025 and was recorded on August 8, 2025. The prior lender…
Paramount Group through the entity 1301 Properties Owner L.P. as borrower signed a refi loan with lender Morgan Stanley and Wells Fargo valued at $900 million for the office building (O4) at 1301 Sixth Avenue in Midtown West, Manhattan. The deal closed on August 5, 2025 and was recorded on August 8, 2025. The prior lender was Morgan Stanley which held debt that had an…
Carlyle Group and Greenbrook Partners through the entity Townhouse Rental II, L.L.C. paid $3.2 million to Oren Hakim through the entity 116 On LLC for the 5-unit walkup building (C0) at 116 Madison Street in Bedford Stuyvesant, Brooklyn. The expected use is cash flowing. The deal closed on July 31, 2025 and was recorded on August 8, 2025. The property has 3,040 square feet of…
UPDATED 12:07 p.m., August 11, 2025: Michael Wiley through the entity Michael Douglas Properties LLC paid $5.8 million to Milbrook Properties through the entity Rigs Management Co., LLC for the 43-unit residential elevator building (D7) at 1270-1278 St. Nicholas Avenue in Washington Heights, Manhattan. The expected use is cash flowing. The deal closed on August 1, 2025 and was recorded on August 8, 2025. The…
Demetrios Moragianis through the entity 165 Sherman Associates LLC paid $8.9 million to Michael Utevsky and Lawrence J. Berger through the entity 165 Sherman Avenue, L.L.C. for the 100-unit residential elevator building (D7) at 165-175 Sherman Avenue in Inwood, Manhattan. The expected use is cash flowing. The deal closed on July 24, 2025 and was recorded on August 8, 2025. The property has 93,250 square…
Turnbridge Equities paid $20 million to Ferdinand Provenzano for three industrial parcels in College Point, Queens, in two separate transactions. In the larger, Turnbridge Equities through the entity 130 Street Property LLC paid $13.3 million to Ferdinand Provenzano through the entity Zano Industries Inc for the industrial building (G7) at 20-35 130th Street in College Point, Queens and the adjacent lot (G7) in College Point,…
Emmes Asset Management Company, through the entities NRP 1674 LLC and NR 11 West 56th Street LLC, as borrower signed a refi loan with lender Genesis LLC through the entity NEG Financing 7 LLC valued at $20 million for two properties including the office building (O6) at 1672 Broadway in Midtown West, Manhattan and retail building (K2) at 11 West 56th Street in Midtown West,…
Steven Frisch through the entity SCF Realty Delaware LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $28 million for the commercial building (F5) at 170 53rd Street in Sunset Park, Brooklyn. The deal closed on July 25, 2025 and was recorded on August 7, 2025. The prior lender was Citizens Bank which held…
BentallGreenOak, now known as BGO, through the entity River Tower Owner, LLC as borrower signed a refi loan with lender Capital One valued at $241 million for the 394-unit residential elevator building (D7) at 420 East 54th Street in Sutton Place, Manhattan. BGO and Slate Property Group bought the property on January 28, 2016, for $390 million, and they refinanced it in 2019. The deal…
Gorjian Real Estate Group through the entity GG 171 Mott LLC paid $2.7 million to Jonely Moy through the entity Disau LLC for the 10-unit residential walkup building (C7) at 171 Mott Street in Little Italy, Manhattan. The expected use is cash flowing. The deal closed on August 4, 2025 and was recorded on August 7, 2025. The property has 8,391 square feet of built…
Jason Bijur and David Bijur through the entity 149 Prospect LLC paid $3 million for the two-unit mixed-use building (K4) at 52 7th Avenue in Park Slope, Brooklyn. The deal closed on July 21, 2025 and was recorded on August 7, 2025. The property has 4,534 square feet of built space and 2,977 square feet of additional air rights for a total buildable of 7,506…
The entity 159 Baltic Development LLC, by the signatory Aron Scott, paid $6.9 million to Nathan Obstfeld through the entity 159 Baltic Street LLC for the seven-unit residential walkup building (C7) at 159 Baltic Street in Cobble Hill, Brooklyn. The expected use is cash flowing. The deal closed on July 29, 2025 and was recorded on August 7, 2025. The property has 8,650 square feet…
Jorge Garcia and John Pantanelli through the entity 4141 Group LLC paid $12 million to Joshua L. Goldman through the entity 41-41 38th Street LLC for the industrial building (E1) at 41-38 38th Street in Sunnyside, Queens. The expected use is cash flowing. The deal closed on July 22, 2025 and was recorded on August 7, 2025. The property has 35,349 square feet of built…
Kibel Companies through the entity Charlil Holding LLC as borrower signed a refi loan with lender Greystone & Co. through the entity Greystone Servicing Company LLC valued at $30 million for two properties with 264 residential units including the 252-unit residential elevator building (D7) at 354 West 34th Street in Penn Plaza, Manhattan and 12-unit mixed-use building (K4) at 420 9th Avenue in Penn Plaza,…
Green Street Group through the entity 170 Freeman LLC as borrower signed a refi loan with lender Dwight Capital through the entity Dwight Mortgage Trust LLC valued at $34 million for the 67-unit residential elevator building (D7) at 1036 Manhattan Avenue in Greenpoint, Brooklyn. The deal closed on July 25, 2025 and was recorded on August 6, 2025. The prior lender was Preferred Bank which…
