Transfers

The entertainment conglomerate Bally’s Corporation through its nonprofit affiliate Bally’s Foundation North America, Inc. paid $8.5 million to the Sisters of the Divine Compassion for the high school campus at 2780 Schurz Avenue in Throgs Neck, Bronx. The Catholic institution runs the all-girls Preston High School, which had considering shutting down because of funding and attendance concerns. The sale is part of a negotiation involving…

SKF Development through the entity 2092 GC Realty LLC paid $9.4 million to Visabe Corp. through the entity 2092-2100 Grand Concourse Realty Co LLC for 2092 Grand Concourse in Fordham Heights, Bronx. The expected use is ground up development. The deal closed on April 29, 2025 and was recorded on May 1, 2025. The property has 14,882 square feet of built space and 74,707 square…

Nashville-based Ironside Realty through the entity IR Brooklyn NY, LLC paid $10.2 million to Palestra Properties through the entity Brooklyn 86th, LLC for the office building (O7) at 1435 86th Street in Bensonhurst, Brooklyn. The expected use is cash flowing. The deal closed on April 18, 2025 and was recorded on May 1, 2025. The property has 11,290 square feet of built space according to…

L+M Development Partners through the entity Madison Commercial Owners LLC as borrower signed a refi loan with lender M.Y. Safra Bank valued at $4.2 million for the retail condominium unit at 1787 Madison Avenue in East Harlem, Manhattan. The retail is at the base of a condop with 96 residential units developed by L+M. The deal closed on April 7, 2025 and was recorded on…

Eden Ashourzadeh through the entity 33 S Oxford LLC as borrower signed a initial loan with lender Customers Bank valued at $3.2 million for the four-unit building (C3) at 33 South Oxford Street in Fort Greene, Brooklyn. The deal closed on April 23, 2025 and was recorded on April 30, 2025. The property has 2,520 square feet of built space and 840 square feet of…

Felice Belfiore through the entity 462 137th LLC paid $2.3 million to Edgar Casablanca through the entity 462 E. 137th St. LLC for the 20-unit residential walkup building (C1) at 462 East 137th Street in Mott Haven, Bronx. The expected use is cash flowing. The deal closed on April 17, 2025 and was recorded on April 30, 2025. The property has 21,875 square feet of…

Shahriar Davaran through the entity Osher Enterprises LLC paid $3 million to Morris Tuchman through the entity 134 Lexington LLC for the two-unit office building (O9) at 134 Lexington Avenue in NoMad, Manhattan. The deal closed on April 24, 2025 and was recorded on April 30, 2025. The property has 3,982 square feet of built space and 3,960 square feet of additional air rights for…

Abdallah Njeim of M&N General Services through the entity Azna Realty LLC paid $3.4 million to Bungalow Projects through the entity NYM 215 Moore, LLC for the industrial building (F4) at 200 Seigel Street in East Williamsburg, Brooklyn. The expected use is owner-occupied. This sale is part of a Bungalow Projects development which calls forx a six-story, 351,100-square-foot film and television production studio at 215…

Abraham Mandel through the entity Hooper Fee LLC paid $4.5 million to Esther Banda and Martin Ehrenreich through the entity 245 Equities LLC for the 40-foot-wide vacant development site at 245 Hooper Street in Williamsburg, Brooklyn. The expected use is ground up development. On these lots, there is one active new building construction project, B01176220, for a three-unit, 5,936 square-foot residential (R-2) building. The project…

Lina Fang and Harry Fang through the entity 353 Flatbush Avenue Associates as borrower signed a refi loan with lender Preferred Bank valued at $8.2 million for three mixed-use properties with 11 residential units including the four-unit mixed-use building (S4) at 242 Flatbush Avenue in Park Slope, Brooklyn, five-unit mixed-use building (S5) at 353 Flatbush Avenue in Prospect Heights, Brooklyn, and two-unit mixed-use building (S2)…

Eduart Shllaku through the entity Dj East 180 LLC as borrower signed a initial loan with lender Wells Fargo through the entity Wells Fargo Bank, N.A. valued at $9.5 million for the 37-unit residential elevator building (D1) at 712 East 180th Street in Tremont, Bronx. The deal closed on April 24, 2025 and was recorded on April 29, 2025. The property has 27,910 square feet…

The national autism therapy provider Applied ABC through the entity 255 Street Equities LLC as borrower signed a new construction loan with lender Bank of America valued at $15 million for the 22,831-square-foot, four-story school building project at 257 Kings Highway in Gravesend, Brooklyn. The deal closed on April 10, 2025 and was recorded on April 29, 2025. The loan price per planned zoning square…

LIHC Investment Group through the entity 1900 ACP Jr. Blvd., LLC as borrower signed a refi loan with lender Lument through the entity Lument Real Estate Capital, LLC valued at $25.9 million for two properties with 84 residential units including the 45-unit residential elevator building (D1) at 1990 Adam C Powell Boulevard and the 39-unit residential walkup building (C4) at 1995 Adam C Powell Boulevard,…

FBL Development through the entity FBL Rowan LLC as borrower signed a new construction loan with lender Ponce Bank through the entity Ponce Bank valued at $65.3 million for the development building (V1) at 21-01 to 21-19 31st Street in Ditmars Steinway, Queens. On the lot, there is one active new building construction project, Q01054670, for an 86-unit, 65,432 square-foot residential (R-2) building. The project…

Eckstrom NYC and Sunlight Development through the entity 181 Baltic LLC paid $5 million to James Garrison and Ann Dougherty through the entity Dougherty, Ann for the four-unit building (C3) at 181 Baltic Street in Cobble Hill, Brooklyn. The expected use is cash flowing. The deal closed on April 11, 2025 and was recorded on April 29, 2025. The property has 3,375 square feet of…

Habif Real Estate through the entity 292 Elizabeth Owner, LLC paid $5.2 million to Willowick Properties through the entity 292 Elizabeth LLC for the six-unit mixed-use building (S5) at 292 Elizabeth Street in NoHo, Manhattan. The expected use is cash flowing. The deal closed on April 28, 2025 and was recorded on April 29, 2025. The property has 6,678 square feet of built space and…