Joel Leifer and Constance Leifer through the entity River Manor Corp. as borrower signed a refi loan with lender First American Capital Group valued at $72.4 million for the Atrium Center for Rehabilitation & Nursing, a specialty building (I6), at 611 East 103rd Street in Canarsie, Brooklyn. The deal closed on December 11, 2024 and was recorded on January 22, 2025. The prior lender was…
Joseph Setton and Jaizer Equities paid $5.4 million to two sellers in two transactions for two-family buildings at 1288 Ocean Parkway and 1284 Ocean Parkway in Midwood, Brooklyn. The expected use ground up development but that was not confirmed. There have been several ground up developments on the block in recent years. In the first transaction, Joseph Setton and Jaizer Equities through the entity 1288…
Amram Zohar Tzur through the entity NY Nadlan LLC paid $3.2 million to Robert Borre through the entity Robert Borre & Company, LLC for the three-unit building (C0) at 201 West Houston Street in Hudson Square, Manhattan. The deal closed on January 15, 2025 and was recorded on January 22, 2025. The property has 2,808 square feet of built space and 184 square feet of…
Avraham Garbo, Roei Paz, and Sara Rottenberg through the entity 122 Washington Lofts LLC paid $7.7 million through an estate sale to Patricia Ann Ballentine through the entity Estate Of Patricia Ann Ballentine for the industrial building (F4) at 122-124 Washington Avenue in Clinton Hill, Brooklyn. The deal closed on January 7, 2025 and was recorded on January 22, 2025. The property has 20,000 square…
Alen Mamrout’s Sentry Realty and 60 Guilders through the entity 1370B Investor LLC paid $75.2 million to Invesco through the entity Broadway Times Square, Inc for the office building (O6) at 1370 Broadway in Garment District, Manhattan. The deal closed on January 16, 2025 and was recorded on January 22, 2025. The property has 234,846 square feet of built space according to a PincusCo analysis…
Pacific Urban Investors through the entity Leonard Pointe LLC paid $127.5 million to UDR through the entity UDR Leonard Pointe LLC for the 188-unit residential elevator building (D1) at 88 Richardson Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on January 15, 2025 and was recorded on January 22, 2025. The property has 186,779 square feet of built space according…
Alma Realty through the entity 3030 Equities, LLC as borrower signed a refi loan with lender Deutsche Bank through the entity Deutsche Bank Trust Company Americas valued at $20.5 million for the office building (O6) at 30-30 Northern Boulevard in Long Island City, Queens. The deal closed on January 10, 2025 and was recorded on January 21, 2025. The prior lender was Blackstone Group which…
Delshah Capital through the entity DS 761 Seventh Avenue LLC as borrower signed a refi loan with lender Longline Holdings through the entity Longline Financial Agent, LLC valued at $18 million for the retail condo at 761 Seventh Avenue in Midtown West, Manhattan. The deal closed on December 31, 2024 and was recorded on January 21, 2025. The property has 24,995 square feet of built…
Brisa Builders through the entity Brisa Cornaga LLC as borrower signed a new construction loan with lender Bank of America valued at $41.4 million for the 92-unit development project at 19-19 Cornaga Avenue in Far Rockaway, Queens. On the lot, there is one active new building construction project, 420667264, for a 92-unit, 53,496 square-foot R-2 building. The project was submitted by Brisa Builders and filed…
Meridian Properties through the entity Ct 5th Avenue LLC paid $2.6 million to Flagstar Bank through the entity Flagstar Bank, N.A. for the eight-unit office building (O8) at 8010 5th Avenue in Bay Ridge, Brooklyn. The expected use is cash flowing. The deal closed on December 19, 2024 and was recorded on January 21, 2025. The property has 8,640 square feet of built space and…
Jacob Rosenberg through the entity 2730 Atlantic Partners LLC paid $3.65 million to Michael DiLorenzo through the entity 2732 Atlantic Ave. Holding Corp. for the store building 2730 Atlantic Avenue and the industrial buildings at 2732 to 2734 Atlantic Avenue in East New York, Brooklyn. The buyer made the purchases in two transactions, one for $2.85 million for 2732 to 2734 Atlantic Avenue and the…
Penn South Capital through the entity 175 S 4 RLA LLC paid $3.1 million to Abraham Bernat through the entity 175 South 4th LLC for the four-unit building (C3) at 175 South 4th Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on January 14, 2025 and was recorded on January 21, 2025. The property has 3,520 square feet of built…
The Japan-based Takeda Kosan Co. paid $13 million to the entity 113 East 29 LLC, registered at the law firm D5 Law Office, for the four-unit mixed-use building (S4) at 113 East 29th Street in NoMad, Manhattan. The expected use is cash flowing. The deal closed on December 23, 2024 and was recorded on January 21, 2025. The property has 5,240 square feet of built…
UPDATED, 5:15 a.m., January 23, 2025: Suren Gabriel and Arthur Gabriel, who are partners at the Rockville Centre-based Gabriel Law law firm, through the entity 182 Eagle St Realty LLC paid $13.3 million to Shiya Labin and Morris Meisels through the entity Eagle BSD LLC for the 24-unit residential elevator building (D7) at 182 Eagle Street in Greenpoint, Brooklyn. The expected use is cash flowing….
Nightingale-Bamford School, a private girls school based in Carnegie Hill, paid $17.25 million to Ross & Ross LLC through the entity Ross & Ross LLC for the 11 properties including the office building (O5) at 181 East 108th Street, the industrial building (G7) at 159 East 108th Street and the industrial building (G7) at 163 East 108th Street in East Harlem, Manhattan. The expected use…
David Horton through the entity Hortin Corporation as borrower signed a refi loan with lender JPMorgan Chase valued at $5.5 million for the 63-unit residential walkup building (C1) at 1040 Bushwick Avenue in Bushwick, Brooklyn. The deal closed on December 30, 2024 and was recorded on January 17, 2025. The prior lender was Santander Bank which held debt that had an original loan amount of…
Peak Capital Advisors through the entity 230 72nd Owner 2 LLC as borrower signed a acquisition loan with lender KeyBank through the entity Keybank National Association valued at $6.3 million for the seven-unit residential elevator building (D7) at 230 West 72nd Street in Lincoln Square, Manhattan. The deal closed on December 31, 2024 and was recorded on January 17, 2025. The prior lender was Derby…
Chung Lam through the entity Hillside 168 Inc. as borrower signed a refi loan with lender Man Lam through the entity Ligom LLC valued at $21.4 million for the 80-unit residential elevator building (D6) at 148-18 Hillside Avenue in Jamaica, Queens. On the lot, there is one active new building construction project, 421532755, for an 80-unit, 79,480 square-foot residential (R-2) building. The project was submitted…
B Square Realty through the entity BS LIC Realty LLC as borrower signed a new construction loan with lender Ponce Bank valued at $33 million for the development site (V1) at 42-38 27th Street in Long Island City, Queens. On these lots, there is one active new building construction project, Q00710146, for a 56-unit, 50,706 square-foot residential (R-2) building. The project was submitted by Hang…
Energy Plus NY Inc. through the entity Mlfl LLC paid $3 million to BNS Real Estate through the entity N.Y. Atlantic Inc. for the industrial building (G1) at 65 New York Avenue in Crown Heights, Brooklyn. The expected use is owner-occupied. The deal closed on January 6, 2025 and was recorded on January 17, 2025. The property has 11,626 square feet of built space and…
