Transfers

Rentar Development Corp. through the entity Vertical Industrial Park Associates as borrower signed a refi loan with lender Deutsche Bank and UBS through the entity DBR Investments Co. Limited valued at $160 million for the mixed-use retail and industrial building (K6) at 66-26 Metropolitan Avenue in Ridgewood, Queens. The deal closed on June 26, 2025 and was recorded on August 4, 2025. The prior lender…

Arker Companies through the entity Bronx Preservation Housing Development Fund Corp. as borrower signed a refi loan with lender Merchants Capital through the entity Merchants Capital Corp. valued at $200.8 million for 17 properties with 679 residential units including the 70-unit residential elevator building (D1) at 1041 Findlay Avenue in Concourse Village, Bronx, 57-unit residential elevator building (D1) at 1280 Sheridan Avenue in Concourse Village,…

Metro Loft Management, Sentry Realty and 60 Guilders through the entity 180 Water LLC as borrower signed a refi loan with lender Deutsche Bank through the entity German American Capital Corporation valued at $280 million for the 573-unit residential elevator building (D6) at 180 Water Street in Financial District, Manhattan. The Commercial Observer reported in May that Metro Loft Management recapitalized the property valued at…

UPDATED 12:04 p.m., July 7, 2025: A buyer through the entity 401 2nd St Associates LLC paid $3.7 million to C&S Capital Partners through the entity East Coast Mazels LLC for the four-unit building (C3) at 416 Grand Avenue in Clinton Hill, Brooklyn. The expected use is cash flowing. The deal closed on July 21, 2025 and was recorded on August 4, 2025. The property…

An anonymous buyer through the entity Hartford 2020 Trust paid $10.3 million to The New School for the two-family building (B1) built in approximately 1834 at 21 West 11th Street in Greenwich Village, Manhattan. The deal closed on July 30, 2025 and was recorded on August 4, 2025. The property has 4,038 square feet of built space and 724 square feet of additional air rights…

Prosper Property Group through the entity 10 West 17th Street Owner LLC paid $16.2 million to Anbau, Inc. through the entity 10 West 17th Street Fee LLC for the development parcel (V1) at 10 West 17th St in Flatiron District, Manhattan. The expected use is ground up development. According to the Prosper Property Group website, the developer plans an 18-story, 52,000-square-foot building with 34 residential…

Mitterrand Properties through the entity Harlem Madison Ave, LLC paid $2.2 million through a REO-sale to Urban Standard Capital through the entity USC 1994 Madison LLC for the development site (V1) at 1994 Madison Avenue, at the corner of East 127th Street, in East Harlem, Manhattan. The expected use is ground up development. Mitterrand Properties, led by Mael Mitterrand, bought the parcel all-cash, and plans…

Wisdom Capital through the entity Highline Heights LLC bought a note with an original principal of $13 million from Valley National Bank secured by LENY Group’s six-unit residential elevator building (D3) at 534 West 29th Street in Chelsea, Manhattan. The deal closed on July 25, 2025 and was recorded on August 1, 2025. The prior lender was Valley National Bank which held debt that had…

Capstone Equities through the entity Ce 140 Crosby, LLC bought a note with an original principal of $75 million from Societe Generale and Webster Bank secured by Madison Capital’s office and retail building (O5) at 140 Crosby Street in SoHo, Manhattan. The deal closed on July 24, 2025 and was recorded on August 1, 2025. The prior lender was Societe Generale and Webster Bank which…

MacArthur Holdings through the entity 2201 Union LLC as borrower signed a new construction loan with lender Bank Hapoalim through the entity Bank Hapoalim B.M. valued at $65 million for the 158-unit project at 450 Union Street in Gowanus, Brooklyn. On the lot, there is one active new building construction project, B00591118, for a 158-unit, 142-278 square-foot residential (R-2) building. The project was submitted by…

Wharton Properties through the entity 125th & Lenox Owner LLC as borrower signed a refi loan with lender Rialto Management Group through the entity RREF V- D Direct Lending Investments, LLC valued at $100 million for the retail building (K6) at 100 West 125th Street in Harlem, Manhattan. The deal closed on July 29, 2025 and was recorded on August 1, 2025. The prior lender…

Bushburg Properties through the entity Pine Re LLC as borrower signed a rehab construction loan with lender Deutsche Bank through the entity Deutsche Bank Ag, New York Branch valued at $320 million for the office building (O4) at 110 Maiden Lane in Financial District, Manhattan. On the lot, there is one active major alteration construction project, M01110829, for a 500-unit, 962,080 square-foot residential (R-2) building….

Pin Chang Huang through the entity Hh 33avenue Property LLC paid $6 million to the entity 42-08 Property LLC for the mixed-use building (K1) at 42-08 College Point Boulevard in Flushing, Queens. The deal closed on July 21, 2025 and was recorded on August 1, 2025. The property has 4,050 square feet of built space and 950 square feet of additional air rights for a…

Sun Frontier Fudousan Co. through the entity 317-319 2nd LLC paid $13.5 million to Icon Realty Management through the entity 317-319 Second Realty LLC for the 18-unit residential walkup building (C1) at 317-319 Second Avenue in Gramercy, Manhattan. The expected use is cash flowing. The deal closed on July 16, 2025 and was recorded on August 1, 2025. The property has 13,152 square feet of…