Transfers

Better Living Properties through the entity 1111 Flatbush Realty, LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $78 million for 14 properties with 201 residential units including the 16-unit property at 2848 Brighton 7th Street in Brighton Beach, Brooklyn, 20-unit residential walkup building (C7) at 210 Rivington Street in Lower East Side, Manhattan,…

Rabsky Group through the entity President Union LLC as borrower signed a refi loan with lender Affinius Capital through the entity SM Finance III LLC valued at $228 million for three properties with 1,820 residential units including the 179-unit residential elevator building (D7) at 323 Bond Street in Gowanus, Brooklyn, 1,641-unit residential elevator building (D7) at 395 Carroll Street in Gowanus, Brooklyn. The deal closed…

Stormfield Capital through the entity Stormfield Capital Funding I, LLC acquired through a judicial foreclosure the eight-unit residential elevator building (D6) at 517 Brooklyn Avenue in East Flatbush, Brooklyn. The former owner was Rafi Manor. The sale price was $5 million. The deal closed on July 30, 2025 and was recorded on August 6, 2025. The property has 15,656 square feet of built space according…

Gregory Spatz through the entity 385 Blank Page LLC paid $8.5 million through a bankruptcy sale for the three-unit mixed-use building (S9) at 385 Greenwich Street in Tribeca, Manhattan. The former owner was Randal Gindi and Zachary Gindi’s RIG Realty through the entity 385 Greenwich Street LLC. The deal closed on July 25, 2025 and was recorded on August 6, 2025. The property has 6,211…

Capstone Equities and Republic Investment Company through the entity Republic Smyth Beverly LLC paid $39.8 million to Vanbarton Group through the entity 85 W Broadway Propco LLC for the hotel and retail condominium units that make up 85 West Broadway in Tribeca, Manhattan. The expected use is cash flowing. The deal closed on August 1, 2025 and was recorded on August 6, 2025. The two…

Capstone Equities through the entity CB 141 Willoughby Owner LLC acquired control from Savanna through the entity 141 Willoughby Mezz Sub, LLC in a transaction valued at $86 million for the office building (O4) at 141 Willoughby Street and an adjacent park space in Downtown Brooklyn. The deal closed on July 22, 2025 and was recorded on August 6, 2025. The office building has 343,701…

Essex Capital through the entity 1614 Madison Partners, LLC as borrower signed a refi loan with lender Acres Capital through the entity Acres Mortgage Loan Funding, LLC valued at $30.5 million for the 90-unit residential elevator building (D1) at 1614 Madison Street in Ridgewood, Queens. The deal closed on July 25, 2025 and was recorded on August 1, 2025. The prior lender was Citizens Bank…

Redfan Moslh Muazeb through the entity 3600 Rd LLC paid $3 million to James K. Coleman through the entity RLJ 3600 LLC for the retail building (K1) at 3600 White Plains Road in Williamsbridge, Bronx. The deal closed on July 15, 2025 and was recorded on August 1, 2025. The property has 5,518 square feet of built space and 19,096 square feet of additional air…

The entity 18 Orient Avenue LLC in care of the law firm Wilk Auslander, paid $3.3 million to Nadav Hamo through the entity 18 Orient Group LLC for the three-unit building (C0) at 18 Orient Avenue in East Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on July 17, 2025 and was recorded on August 1, 2025. The property has 2,160 square…

UPDATED 12:00 p.m., August 7, 2025: Nexus Building Development Group, also known as NBDG, through the entity 144 Baltic Owner LLC paid $4.7 million for the three-unit building (C0) at 144 Baltic Street in Cobble Hill, Brooklyn. The expected use is cash flowing. The deal closed on July 24, 2025 and was recorded on August 1, 2025. The property has 4,500 square feet of built…

Watermark Capital Group through the entity 1725 Boston Rd LLC as borrower signed a new construction loan with lender Oak Funding through the entity Oak Boston LLC valued at $25 million for the mixed-use building (K2) at 1723 Boston Road in East Morrisania, Bronx. On the lot, there is one active major alteration construction project, X01112246, for a 99-unit, 90,446 square-foot residential (R-2) building. The…

Timber Equities through the entity 341 W 25th L.P. as borrower signed a acquisition loan with lender Genesis LLC through the entity NEG Financing 4 LLC valued at $33 million for a development site at 329 to 343 West 25th Street in Chelsea, Manhattan. Timber Equities bought the properties from a Roman Catholic church for $48.2 million. The deal closed on July 25, 2025 and…

VOREA Group through the entity Vorea Jackson LLC as borrower signed a refi loan with lender ACRES Capital through the entity AMF Levered II, LLC valued at $38.9 million for the hotel building (H6) at 23-20 Jackson Avenue in Long Island City, Queens. The deal closed on July 15, 2025 and was recorded on August 4, 2025. The property has 64,387 square feet of built…

Mansor Atareb through the entity Mansor LLC paid $2.5 million to Rafael Aboud through the entity 1565 Broadway Realty Corp for the mixed-use building (K4) at 1565 Broadway in Bushwick, Brooklyn. The expected use is cash flowing. The deal closed on July 25, 2025 and was recorded on August 4, 2025. The property has 5,875 square feet of built space according to a PincusCo analysis…

Chun Yee Yung through the entity Yung Brothers Real Estate Co., Inc. as borrower signed a refi loan with lender Cathay Bank valued at $5.5 million for the office building (O5) at 838 6th Avenue in NoMad, Manhattan. The deal closed on June 26, 2025 and was recorded on July 31, 2025. The prior lender was Cathay Bank which held debt that had an original…

Avraham Garbo through the entity S4 Lofts 2 LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $9.7 million for two properties with 11 residential units including the seven-unit residential walkup building (C7) at 217 South 4th Street in Williamsburg, Brooklyn and four-unit 1-4 family building (C3) at 215 South 4th Street in Williamsburg,…

Joseph Brunner of Bruman Realty through the entity Metro Sixteen Hotel I LLC as borrower signed a refi loan with lender Metropolitan Commercial Bank valued at $7 million for the hotel building (HH) at 338-340 Bowery in NoHo, Manhattan. The deal closed on July 31, 2025 and was recorded on August 5, 2025. The prior lender was Webster Bank which held debt that had an…

Joel Wertzberger of Joyland Group through the entity 635 Rockaway LLC as borrower signed a refi loan with lender Valley National Bank valued at $33 million for the commercial condominium unit the represents nearly the entire building at 589 Rockaway Avenue, also known as 635 Rockaway Avenue in Brownsville, Brooklyn. The property is the location of ACI Inpatient Detox & Rehab Services. The commercial condo…

Stahl Organization through the entity 384 Bridge Street LLC as borrower signed a refi loan with lender M&T Bank through the entity Manufacturers And Traders Trust Company valued at $55 million for five commercial condominium units with a total of 234 residential units including the 145-unit rental unit, an 89-unit rental unit and three other units at 384 Bridge Street in Downtown Brooklyn, Brooklyn. The…