SAPS Wholesale Inc. through the entity Saps Home-Freeman LLC paid $5.8 million to BNS Real Estate through the entity 1077 Home Street LLC for the industrial building (G1) at 1077 Home Street in East Morrisania, Bronx. The expected use is owner-occupied. The deal closed on December 12, 2024 and was recorded on December 24, 2024. The property has 20,000 square feet of built space for…
Innovo Property Group through the entity 25-20 Borden East Parcel Owner LLC paid $6.2 million to John Pantanelli of Swing Staging through the entity Oakland Trading Corp. for the industrial building (E9) at 25-20 Borden Avenue in Long Island City, Queens. The expected use is ground up development. The deal closed on December 5, 2024 and was recorded on December 24, 2024. The property has…
Theodore Kakoyiannis’s Imian Partners and Valyrian Capital through the entity 52e64 Holdings LLC paid $6.6 million through a real estate owned transaction to Avant Capital through the entity Avant Capital 52 East 64th Street LLC for the four-unit property (D2) at 52 East 64th Street in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on December 13, 2024 and was recorded…
The entity Flushing Thornton LLC with the signatory Chaim Rabinovich paid $26.5 million for the ground lease and the fee to to Zachary Lewis, Bernard Ettinger, and Shiya Labin through the entity 731 Flushing Ave Realty LLC for the office building (O2) at 731 Flushing Avenue in Williamsburg, Brooklyn. The deal closed on December 10, 2024 and was recorded on December 24, 2024. The property…
JRC Management through the entity Pilchard LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $16.2 million for the 94-unit residential elevator building (D7) at 43-31 45th Street in Sunnyside, Queens. The deal closed on December 13, 2024 and was recorded on December 23, 2024. The prior lender was Flagstar Bank which held debt…
Juda Falkowitz through the entity 67 Taaffe LLC as borrower signed a new construction loan with lender Bank of America valued at $17.3 million for the commercial development at 67 Taaffe Place in Bedford Stuyvesant, Brooklyn. On the lot, there is one active new building construction project, B00845076, for a 50,196 square-foot commercial building. The project was submitted by Yidel Falkowitz and filed by Yidel…
Aron Stark through the entity 1451 Sutter LLC as borrower signed a new construction loan with lender Ponce Bank through the entity Ponce Bank valued at $20.6 million for projects at 1451 and 1453 Sutter Avenue in East New York, Brooklyn. There is a new building project, 321385513, for a 10-unit, 9,479 square-foot residential (R-2) building submitted by 1451-1453 Sutter Ave, LLC with plans filed…
Chong Ho Kim through the entity BRE NY LLC paid $3.9 million to Anthony Racioppo and John Racioppo through the entity Cousins LLC for the industrial building (E1) at 52-24 34th Street in Long Island City, Queens. DY Realty Group was marketing the property as a potential development site (setup pdf). The deal closed on December 11, 2024 and was recorded on December 23, 2024….
The artist Wade Guyton through the entity Sigurdsson Baldur LLC paid $4.5 million through an estate sale to Omar Peralta through the entity M.E.L. Realty Corp for the industrial building (F5) at 66 Dobbin Street in Greenpoint, Brooklyn. The expected use is cash flowing. The deal closed on December 12, 2024 and was recorded on December 23, 2024. The property has 5,000 square feet of…
Joel Schwartz through the entity 582 Gates USA LLC paid $5.7 million to Isaac Dahan through the entity 582 Gates LLC for the development site, formerly a gas station (G4), at 582-584 Gates Avenue in Bedford Stuyvesant, Brooklyn. The expected use is new construction. On the lot, there is one active new building construction project, 321590319, for a 28-unit, 18,893 square-foot residential (R-2) building at…
Infinity Real Estate through the entity Ire 40 Bleecker LLC paid $13.3 million to Broad Street Development through the entity 304 Mulberry Street Operating Company, L.L.C. for the retail condo at 40 Bleecker Street in NoHo, Manhattan. The expected use is cash flowing. The deal closed on December 12, 2024 and was recorded on December 23, 2024. The property has 10,541 square feet of built…
Slate Property Group through the entity 52 William Street Propco LLC paid $94.5 million to Sam Chang’s McSam Hotel Group and Andrew Roufail through the entity SCCQ Downtown LLC for the hotel building (H3) at 52 William Street in Financial District, Manhattan. The deal closed on December 12, 2024 and was recorded on December 23, 2024. The property has 119,467 square feet of built space…
KSL Capital Partners through the entity York Street Lessee DE, LLC as borrower signed a refi loan with lender Wells Fargo and Citibank valued at $58.6 million for the Hilton Garden Inn Tribeca NY hotel building (H3) at 39 Avenue of the Americas in Tribeca, Manhattan. The deal closed on December 6, 2024 and was recorded on December 20, 2024. The existing lender are Wells…
REDA Holdings through the entity Reda 242 East 75 LLC paid $6.9 million to Icon Realty Management through the entity 242 East 75 Realty Associates LLC for the 20-unit residential walkup building (C5) at 242 East 75th Street in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on December 12, 2024 and was recorded on December 20, 2024. The property has…
Shimon Klein through the entity Broadbridge Holdings LLC paid $7 million to Mordechai Krausz through the entity Makach Realty Corp. for the office and retail building (O5) at 232-234 Broadway in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on December 4, 2024 and was recorded on December 20, 2024. The property has 12,000 square feet of built space according to a…
Eli Rosenberg through the entity M Adler Enterprises LLC acquired an interest from Richard Klein through the entity level purchase valued at $25.9 million for a stake in six Upper West Side walkup buildings including the 12-unit (C7) at 416 Amsterdam Avenue, the 10-unit (C4) at 204 West 80th Street, and the 10-unit (C7) at 202 West 80th Street. The deal closed on December 16,…
ZHL Group through the entity 44lic Development Sp LLC paid $27.6 million to White Family Limited Partnership through the entity White Family Limited Partnership for the property at 11-49 44th Drive in Long Island City, Queens. The expected use is ground up development. On the lot, there is one active new building construction project, Q01139599, for a 102-unit, 74,728 square-foot residential (R-2) building. The project…
Turnbridge Equities through the entity 303 Louisiana Avenue Property LLC paid $29 million to Aaron Menche and Daniel Skura through the entity 237 42nd Street Corp. for the parking lot at 1 Wortman Avenue in East New York, Brooklyn. The expected use is ground up development. On the lot, there is one active new building construction project, B01085790, for a 88,251 square-foot storage building. The…
Capstone Equities and the Montreal-based Leyad through the entity CE Ink 48 De Owner LLC paid $57.8 million to Brookfield Properties through the entity Bsrep III 653 Hotel LLC for the Ink48 Hotel building (HB) at 653 11th Avenue in Hell’s Kitchen, Manhattan. The expected use is cash flowing. The deal closed on December 12, 2024 and was recorded on December 20, 2024. The property…
Moinian Group through the entity 102-110 John Mazal LLC as borrower signed a new construction loan with lender MSD Partners through the entity MSD RCOF Partners XXX, LLC valued at $169 million for the 250-unit residential elevator project (D8) at 3 Platt Street in Financial District, Manhattan. On the lot, there is one active new building construction project, 121188053, for a 250-unit, 213,017 square-foot R-2…
