Transfers

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Elchonon Shilian signs $10.7M refi with Standard Insurance for 24-unit rental in Morris Heights

Elchonon Shilian through the entity Hsk Harrison LLC as borrower signed a refi loan with lender Standard Insurance Company valued at $10.7 million for the 24-unit residential elevator building (D1) at 1816 Harrison Avenue in Morris Heights, Bronx. The deal closed on May 8, 2025 and was recorded on May 13, 2025. The prior lender was Quanta Finance which held debt that had an original…

Moshe Mann pays $4M to Joel Schwartz for office condo in Bedford Stuyvesant

Moshe Mann through the entity Mm Spencer Holdings, LLC paid $4 million to Joel Schwartz through the entity 31 Spencer Floor 16 LLC for the office condominium unit at 31 Spencer Street in Bedford Stuyvesant, Brooklyn. The deal closed on April 28, 2025 and was recorded on May 13, 2025. The property has 1,345 square feet of built space according to a PincusCo analysis of…

Khaloyan, Esshaghian pay $4.8M for 8-unit walkup in Chinatown

David Khaloyan and Benjamin Esshaghian through the entity 36 Orchard, LLC paid $4.8 million to Jackson Mak through the entity 36 Re, LLC for the eight-unit residential walkup building (C7) at 36 Orchard Street in Chinatown, Manhattan. The expected use is cash flowing. The deal closed on May 5, 2025 and was recorded on May 13, 2025. The property has 6,300 square feet of built…

RH Brooklyn Capital pays $4.8M to Shape Capital for 3-family in Fort Greene

RH Brooklyn Capital through the entity RH Washington Park LLC paid $4.8 million to Shape Capital through the entity 176 Washington Park LLC for the three-unit building (C0) at 176 Washington Park in Fort Greene, Brooklyn. The expected use is cash flowing. The deal closed on May 1, 2025 and was recorded on May 13, 2025. The property has 6,355 square feet of built space…

Sky Management signs $9.2M refi for 23-unit walkup in Greenwich Village

Sky Management through the entity Valor Realty LLC as borrower signed a refi loan with lender M&T Bank through the entity Manufacturers And Traders Trust Company valued at $9.2 million for the 23-unit residential walkup building (C7) at 141 West 10th Street in Greenwich Village, Manhattan. The deal closed on April 23, 2025 and was recorded on May 14, 2025. The prior lender was Santander…

United American Land signs $24M refi with Metropolitan Commercial for retail in Downtown Brooklyn

United American Land through the entity 210 Muni, LLC as borrower signed a refi loan with lender Metropolitan Commercial Bank valued at $24 million for the retail condo at 210 Joralemon Street in Downtown Brooklyn, Brooklyn. The deal closed on May 2, 2025 and was recorded on May 14, 2025. The prior lender was Blackstone Group which held debt that had an original loan amount…

L+M Development signs $36.9M refi with Lument for 91-unit rental in Harlem

L+M Development Partners through the entity Hargate Jv Owners LLC as borrower signed a refi loan with lender Lument through the entity Lument Real Estate Capital, LLC valued at $36.9 million for the 91-unit residential elevator building (D1) at 235 Central Park North in Harlem, Manhattan. The deal closed on April 15, 2025 and was recorded on May 14, 2025. The prior lender was Goldman…

N3 Partners pays $2.3M for mixed-use in Bushwick

N3 Partners through the entity Jefferson Evergreen Mgmt LLC paid $2.3 million to Marino Garcia through the entity 92 Jefferson Street, LLC for the four-unit mixed-use building (S4) at 144 Evergreen Avenue in Bushwick, Brooklyn. The expected use is cash flowing. The deal closed on May 12, 2025 and was recorded on May 14, 2025. The property has 4,574 square feet of built space and…

Approved Energy family pays $2.7M for 18-unit rental in Staten Island

Lorena Theurer and Vincent Theurer of Approved Energy through the entity Vm Realty 22 LLC paid $2.7 million to Salvatore Immitti through the entity Hy-Cliff LLC for the 18-unit residential elevator building (D3) at 59 Hylan Boulevard in Rosebank, Staten Island. The expected use is cash flowing. The deal closed on April 28, 2025 and was recorded on May 14, 2025. The property has 19,400…

Xi Ting Zhang with partners pays $7.1M for retail in Flushing, sold for $5.1M in 2024

Xi Ting Zhang, Yu Zhen Li, and Wen Ting Zhang through the entity Caghny LLC paid $7.1 million to Xiang Yu Cao through the entity Guang Rui LLC for the retail condo at 136-18 Maple Avenue in Flushing, Queens. The deal closed on April 21, 2025 and was recorded on May 14, 2025. The property has 4,030 square feet of built space according to a…

T30 Capital signs $17.5M construction loan with SME for 5-unit project in Greenwich Village

T30 Capital through the entity 44 West 8th Owner, LLC as borrower signed a new construction loan with lender SME Capital Ventures through the entity 44 W 8 Capital LLC valued at $17.5 million for the 5-unit development project at 44-46 West 8th Street in Greenwich Village, Manhattan. On the lot, there is one active new building construction project, M01018827, for a five-unit, 22,338 square-foot…

Feil signs $40M refi with Principal for 178-unit rental in Carnegie Hill

Feil Organization through the entity 160 East 84th Street Associates LLC as borrower signed a refi loan with lender Principal Real Estate Investors through the entity Principal Life Insurance Company valued at $40 million for the 178-unit residential elevator building (D6) at 160 East 84th Street in Carnegie Hill, Manhattan. The deal closed on May 1, 2025 and was recorded on May 13, 2025. The…

Angela Gazivoda pays $5.3M for 77-unit rental in Norwood

Angela Gazivoda through the entity 3551 Dekalb Realty LLC paid $5.3 million to Robert H. Goss and Frederick Gordon through the entity 3551 Dekalb Ave LLC for the 77-unit residential elevator building (D1) at 3551 Dekalb Avenue in Norwood, Bronx. The expected use is cash flowing. The deal closed on April 24, 2025 and was recorded on May 13, 2025. The property has 88,200 square…

Westside Market pays $32.5M to TPG Angelo Gordon, Premier for UWS retail

The Zoitas family’s Westside Market NYC through the entity Westside 2250 Broadway, LLC paid $32.5 million to TPG Angelo Gordon and Premier Equities through the entity AG-Premier 2250 Broadway Owner, L.L.C. for the retail condo at 2250 Broadway in Upper West Side, Manhattan. The expected use is owner occupied. The deal closed on May 5, 2025 and was recorded on May 13, 2025. The property…

Brookfield, Tredway, pay $88M to Related for 602-unit affordable rental in Far Rockaway

UPDATED, 11:15 a.m., May 15, 2025: Brookfield Properties and Tredway through the entity Ocean Park Preservation LLC paid $88 million to Related Companies through the entity Ocean Park Acquisition, L.P. for the 602-unit residential elevator buildings (D1) at 125 Beach 17th St in Far Rockaway, Queens. The expected use is cash flowing. The deal closed on May 6, 2025 and was recorded on May 13,…

Charney, Tavros, pay $164M to RFR for dev site in Gowanus

Charney Companies and Tavros Capital through the entity Gowanus 3rd Street Owner LLC paid $164 million to RFR Holding through the entity Gowanus Owner LLC for the industrial building (G9) at 225 Third Street in Gowanus, Brooklyn. The expected use is ground up development. On the lot, there is one active new building construction project, B00680917, for a 450-unit, 518,000 square-foot residential (R-2) building. The…

Blackstone files $21M pre-foreclosure at Little Italy boutique office

Blackstone Group filed a $21 million pre-foreclosure action yesterday in New York State Supreme Court in Manhattan alleging a loan secured by Stellar Management and City Urban Realty’s 21,700-square-foot office building at 243 Canal Street between Lafayette Street and Centre Street on the border of Little Italy and Chinatown in Manhattan, was in a maturity loan default. Court filings represent the position of one party…

Benjamin Companies, Beechwood Homes sign $11M refi for retail in Arverne

Benjamin Companies and Beechwood Homes through the entity Benjamin Beechwood Market LLC as borrower signed a refi loan with lender TD Bank valued at $11 million for two retail properties including the retail building (K1) at 301 Beach 67th Street in Arverne, Queens and retail building (K8) at 70-20 Rockaway Beach Boulevard in Arverne, Queens. The deal closed on May 1, 2025 and was recorded…

$50M loan with JPMorgan Chase signed for 13 AYA-affiliated properties in Manhattan

Affiliates of Tal Adini and AYA Acquisitions through the entity Gmart De 2022 LLC (and others) as borrowers signed an initial loan with lender JPMorgan Chase valued at $50 million for 13 properties with 271 residential units including the 95-unit residential elevator building (D6) at 740 West End Avenue in Upper West Side, Manhattan, 35-unit residential elevator building (D2) at 217 East 22nd Street in…

Sollevare Group pays $2.9M for mixed-use in Carroll Gardens

Sollevare Group through the entity 315 Court St. Propco LLC paid $2.9 million to Daniela Musarella-Kelley through the entity Daniela Musarella-Kelley, Suc. Trustee for the two-unit mixed-use building (S2) at 315 Court Street in Carroll Gardens, Brooklyn. The deal closed on April 23, 2025 and was recorded on May 9, 2025. The property has 2,835 square feet of built space and 3,465 square feet of…