Oscar Puerta through the entity Morris 2025 Holdings LLC paid $4.5 million through a judicial foreclosure for the 28-unit residential walkups (C1) at 2705 and 2707 Morris Avenue in Fordham Manor, Bronx. The former owner was Douglas Peterson’s City Skyline Realty through the entity 2705 & 2707 Morris LLC, which lost the property in this foreclosure. The expected use is cash flowing. The deal closed…
Domenico Galofaro through the entity Dc 240 Court LLC paid $5.5 million to Joyce Montgomery through the entity 240 Court Street Realty LLC for the 12-unit residential walkup building (C7) at 240 Court Street in Cobble Hill, Brooklyn. The expected use is cash flowing. The deal closed on March 31, 2025 and was recorded on April 10, 2025. The property has 11,808 square feet of…
Bnos Chaya Draizy Foundation paid $7 million to Beis Sefer Govoha Lebanos Sara Schenirer for the religious building (M1) at 4622 14th Avenue in Borough Park, Brooklyn. The expected use is owner-occupied. The deal closed on April 3, 2025 and was recorded on April 10, 2025. The property has 13,769 square feet of built space and 4,127 square feet of additional air rights for a…
The entity Blue Broadway LLC in care of the law firm Gabler & McVeety paid $18.7 million to RYCO Capital through the entity West Lake 414-416 West Broadway LLC for the 10,868-square-foot, 5-unit residential condo and the 2,982-square-foot retail condo at 414 West Broadway in SoHo, Manhattan. The deal closed on April 4, 2025 and was recorded on April 10, 2025. The two properties have…
Joel Schwartz through the entity 333 Bedford Ave LLC as borrower signed a loan with lender BridgeCity Capital through the entity BridgeCity Hilltop LLC valued at $15.3 million for two residential elevator properties with 16 residential units including the eight-unit residential elevator building (D7) at 333 Bedford Avenue and the eight-unit residential elevator building (D6) at 334 Bedford Avenue in Williamsburg, Brooklyn. The deal closed…
Digby Management Company through the entity Gallery Partners, L.L.C. as borrower signed a refi loan with lender Apple Bank valued at $19 million for the office condo at 1009 Madison Avenue in Lenox Hill, Manhattan. The deal closed on April 3, 2025 and was recorded on April 9, 2025. The prior lender was New York Life Insurance Company which held debt that had an original…
Feil Organization through the entity 4 Park Avenue Associates LLC as borrower signed a refi loan with lender M&T Bank through the entity Manufacturers And Traders Trust Company valued at $62 million for the 364-unit residential elevator building (D6) at 4 Park Avenue in Midtown South, Manhattan. The deal closed on March 31, 2025 and was recorded on April 9, 2025. The prior lender was…
MSquared through the entity 665 NYA Owner LLC paid $4.8 million to Urban American Management through the entity Kings & Queens Holdings, LLC for the 117-unit residential elevator building (D1) at 665 New York Avenue in East Flatbush, Brooklyn. The expected use is cash flowing. The deal closed on March 31, 2025 and was recorded on April 9, 2025. The property has 92,934 square feet…
Lender Fannie Mae acquired the six-unit walkups (C2) at 867 and 871 Knickerbocker Avenue in Bushwick, Brooklyn for $6.2 million, through a bankruptcy filed by Zalmen Wagschal through the entity 867-871 Knickerbocker LLC, that owned the properties. The transfer closed on April 7, 2025 and was recorded on April 9, 2025. The two properties have 9,750 square feet of built space and 2,400 square feet…
Tokyo, Japan-based Tsukiji Ltd. through the entity Tsukiji KK Corporation paid $6.7 million to Megumi Ito through the entity 115 W 57th Holdings, LLC for the seven-unit residential walkup building (C7) at 115 West 57th Street in Midtown West, Manhattan. The expected use is cash flowing. The deal closed on April 1, 2025 and was recorded on April 9, 2025. The property has 8,790 square…
The Tokyo-based restaurant company Toraji Corporation paid $7.2 million to Derby Copeland Capital through the entity Derby Bow 9 LLC for the two-unit mixed-use building (S2) at 218 East 9th Street in East Village, Manhattan. The expected use is owner-occupied. The deal closed on April 1, 2025 and was recorded on April 9, 2025. The property has 4,914 square feet of built space and 1,386…
Spectra Construction and Development through the entity WW Lexington, LLC paid $12.2 million to Skyland Management through the entity 120 Lexington Ave. Corp. for the six-unit development site (V1) at 120-124 Lexington Avenue in NoMad, Manhattan. The expected use is ground up development. The deal closed on April 1, 2025 and was recorded on April 9, 2025. The three properties have air rights for a…
Osaka, Japan-based Shinwa Real Estate Co. paid $8.8 million to Brand Family Realty through the entity Tor 159, LLC for the 20-unit residential walkup building (C5) at 159 West 85th Street in Upper West Side, Manhattan. The expected use is cash flowing. The deal closed on March 31, 2025 and was recorded on April 10, 2025. The property has 11,880 square feet of built space…
Abe Garbo’s ABG Equities through the entity ABG Equities LLC signed a contract to pay an undisclosed amount to Joseph Basile for three adjacent properties at 459, 461 and 463 Baltic Street in Boerum Hill, Brooklyn. The expected use is ground up development. The deal closed on March 31, 2025 and was recorded on April 8, 2025. The three properties have 2,800 square feet of…
Rialto Capital Management through the entity Rref V-D DLI GS, LLC bought a note with an original principal of $6.2 million from M&T Bank secured by Michael Aryeh’s 31-unit residential walkup building (C1) at 643 West 171st Street in Washington Heights, Manhattan. The deal closed on March 31, 2025 and was recorded on April 8, 2025. The prior lender was M&T Bank which held debt…
Kenneth Chan through the entity West Terminal, LLC as borrower signed a refi loan with lender Stormfield Capital through the entity Stormfield Capital Funding I, LLC valued at $22.2 million for the industrial building (E1) at 7 Rewe Street in East Williamsburg, Brooklyn. The deal closed on March 28, 2025 and was recorded on April 8, 2025. The prior lender was Bank of East Asia…
Joyland Group through the entity Upton Metropolitan LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $88 million for the 136-unit residential elevator building (D6) at 828 Metropolitan Avenue in East Williamsburg, Brooklyn. The deal closed on April 2, 2025 and was recorded on April 8, 2025. The prior lender was Churchill Real Estate…
The nonprofit Upper West Side Cinema Center paid $6.9 million through an estate sale of the late Albert Bialek through the entity Broadway Metro Associates L.P. for the specialty building (J8) at 2624-2626 Broadway in Upper West Side, Manhattan. The expected use is owner-occupied. The deal closed on April 4, 2025 and was recorded on April 8, 2025. The property has 15,000 square feet of…
Jay Domb of Empire Hotel Group, through the entity 241 CPN LLC paid $8 million to Maurice Mann’s Mann Realty Associates through the entity 241 Realty Associates, LLC for the 30-unit residential walkup building (C1) at 241 Central Park North in Harlem, Manhattan. The expected use is cash flowing. The deal closed on April 1, 2025 and was recorded on April 8, 2025. The property…
Xin Xiang Lin and Jian Hui Chen through the entity 65 & Bay Tower LLC paid $8.8 million to Jingxi Pan through the entity Great Empire Beverly Realty LLC for the development parcels (V1) at 2213, 2221 and 2225 65th Street in Bensonhurst, Brooklyn. The expected use is ground up development. The deal closed on March 24, 2025 and was recorded on April 8, 2025….
