Transfers

The entity Yorkville East Realty LLC, an affiliate of litigation attorney Ylber Albert Dauti, paid $3.2 million to the entity 514 East 81st Street LLC for the 15-unit residential walkup building (C1) at 514 East 81st Street in Yorkville, Manhattan. The expected use is cash flowing. The deal closed on March 25, 2025 and was recorded on March 27, 2025. The property has 9,630 square…

Corey Sherman through the entity Scout 363 LLC paid $4.5 million to Kent Leo through the entity 363 Bleecker LLC for the mixed-use building (S1) at 363 Bleecker Street in West Village, Manhattan. The expected use is cash flowing. The deal closed on March 19, 2025 and was recorded on March 27, 2025. The property has 2,448 square feet of built space and 312 square…

Buyers paid $5.7 million for a five-unit residential walkup building (C5) at 51 West 71st Street in Lincoln Square, Manhattan. The deal closed on March 25, 2025 and was recorded on March 27, 2025. The property has 5,400 square feet of built space and 1,949 square feet of additional air rights for a total buildable of 7,356 square feet according to a PincusCo analysis of…

Brookfield Properties through the entity Bop Greenpoint G LLC as borrower signed a refi loan with lender BNP Paribas valued at $153 million for the 359-unit 1 Blue Slip in Greenpoint, Brooklyn. The deal closed on March 19, 2025 and was recorded on March 26, 2025. The prior lender was Bank of Nova Scotia which held debt that had an original loan amount of $170…

Argyro Livanos through the entity 2532 Steinway LLC paid $2.5 million to the entity T & T Steinway LLC for the 11-unit residential walkup building (C7) at 25-32 Steinway Street in Astoria, Queens. The expected use is cash flowing. The deal closed on March 20, 2025 and was recorded on March 26, 2025. The property has 7,872 square feet of built space and 3,696 square…

The entity Al Frank 135 South First LLC paid $4.3 million to DAX Real Estate through the entity 135 South 1st Owner LLC for the four-unit 1-4 family building (C3) at 135 South 1st Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on March 12, 2025 and was recorded on March 26, 2025. The property has 3,120 square feet of…

Capstone Equities transferred ownership at a reduced valuation of a hotel it owns at 6 West 32nd Street in Penn Plaza, Manhattan from one entity it controls, 6 West 32nd Street LLC, to another, New 6 West 32nd Street LLC. At the same time, Capstone refinanced the debt from a principal of $41 million given in 2019, to $30 million. The deal closed on March…

Lone Star Funds through the entity Lsref7 Size, LLC bought a note with an original principal of $8.5 million from Flagstar Bank secured by Serge Hoyda’s 9,774-square-foot retail condo at 190 Allen Street, the adjacent retail building (K1) at 196 Allen Street, and the adjacent retail building (K1) at 184 Allen Street, all in the Lower East Side, Manhattan. The deal closed on February 26,…

Attorneys Terrence Oved and Darren Oved through the entity Wegweiser And Ehrlich, LLC as borrower signed an acquisition loan with lender Webster Bank valued at $25.8 million for the office building (O3) at 53 Beach Street in Tribeca, Manhattan. The deal closed on December 18, 2024 and was recorded on March 25, 2025. The prior lender was Webster Bank which held debt that had an…

Hakimian Capital through the entity 231 Brook HC LLC acquired through a bankruptcy filed by Delfino Velez through the entity 502 E. Jed Realty Corp., the 32-unit residential walkup building (C7) at 231 Brook Avenue in Mott Haven, Bronx. The expected use is cash flowing. The transfer price was $5 million. Hakimian Capital bought the debt in 2022. The deal closed on March 3, 2025…

UPDATED 2:05 p.m., March 26, 2025: David Gomez of Peak Capital Advisors through the entity 20 W 15th Owner LLC paid $5.185 million to Rhea Kumar Duggal through the entity NMR Realty LLC for the development site at 20 West 15th Street in Flatiron District, Manhattan. The expected use is ground up development for high-end condominiums. While Gomez is a co-founder of Peak Capital, this…

Sabet Group through the entity 224 Ave B Holdings LLC paid $13 million to Hirsch Enterprises through the entity Marshall Associates, L.P. for the 26-unit residential walkup building (C7) at 224 Avenue B in Alphabet City, Manhattan. The expected use is cash flowing. The deal closed on March 24, 2025 and was recorded on March 25, 2025. The property has 15,174 square feet of built…

Nathan Weinberger’s SoftStone Development & Management and its partners, members of the Eisner family, placed a Lower East Side project at 75 Essex Street, also known as 232 Broome Street, into bankruptcy protection yesterday as it seeks to fend off an effort by lender Maverick Real Estate Partners to collect on a $9 million loan secured by the property that is allegedly in default. SoftStone…