Transfers

The L Group through the entity 2650 Bqe Lor LLC as borrower signed a refi loan with lender Ponce Bank valued at $17 million for the mixed-use building (K1) at 26-50 Brooklyn Queens Expressway in Woodside, Queens. The deal closed on October 21, 2024 and was recorded on November 14, 2024. The prior lender was Ponce Bank which held debt that had an original loan…

Barone Management, Shie Lefkovits, and Azimuth Development Group through the entity Bmad Merrick LLC as borrower obtained a new construction loan with lender Broadview Capital valued at $25 million for the school construction project at 134-11 221st Street in Laurelton, Queens. On this parcel there is a new building project, Q00970820, for a 60,171 square-foot school building submitted by Azimuth Development Group and Shimon Klein…

Roman Fuzaylov through the entity 243 Paz Realty LLC paid $2.4 million to Sofia Lisogor and Marina Fridman through the entity Java Property Management LLC for the mixed-use retail building (K4) at 243 Brighton Beach Avenue in Brighton Beach, Brooklyn. The expected use is cash flowing. The deal closed on November 1, 2024 and was recorded on November 14, 2024. The property has 3,240 square…

Kelvin Lamont Phillips through the entity Phillips Amsterdam LLC paid $2.7 million to the Montreal entity 1761 Amsterdam L.P for the 13-unit residential walkup building (C7) at 1761 Amsterdam Avenue in Harlem, Manhattan. The expected use is cash flowing. The parcel is adjacent to a development site owned by Elmo Realty at 1763 Amsterdam Avenue. The deal closed on September 23, 2024 and was recorded…

Susi Yu and Travis Feehan’s Bungalow Projects through the entity Nym 145 Wolcott, LLC paid $3 million to Greg O’Connell’s O’Connell Organization through the entity Pier 41 Red Hook LLC for the three-unit building (C0) at 198 Conover Street in Red Hook, Brooklyn. The property is adjacent to Bungalow Properties large film and television project. The expected use is ground up development. The deal closed…

Igor Nestor through the entity Bay Ridge Residence LLC paid $7.2 million to Stephen G. Juliano through the entity 9510-9524 3rd Avenue LLC for the retail building (K7) at 9512 3rd Avenue and the adjacent parking lot at 9520 3rd Avenue in Bay Ridge, Brooklyn. The expected use is cash flowing. Santander Bank occupies the property. The deal closed on November 5, 2024 and was…

Jackson Group through the entity 809 Madison Retail LLC paid $9 million to Churchill Real Estate Holdings through the entity 809 Madison Owner LLC for the property at 809 Madison Avenue in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on November 7, 2024 and was recorded on November 14, 2024. The property has 2,140 square feet of built space on…

Visabe Corp. and Urban Spring Capital through the entity 439 East 77 Prop Co LLC as borrower signed a new construction loan with lender S3 Capital through the entity S3 Re 439 E77 Funding LLC valued at $24.5 million for the development at 439 East 77th Street in Lenox Hill, Manhattan. There is a new construction project, M00943589, for a 16-unit, 28,923 square-foot residential (R-2)…

Lay Assets through the entity 1214 Ocean Parkway LLC as borrower signed a new construction loan with lender S3 Capital through the entity S3 Re 1210 Ocean Parkway Funding LLC valued at $48 million for the two-unit development building (V1) at 1210 Ocean Parkway in Midwood, Brooklyn. On the lot, there is one active new building construction project, B00900684, for a 28-unit, 62,989 square-foot residential…

SKF Development through the entity 2499 Sedgwick Development LLC as borrower signed a refi loan with lender Metropolitan Commercial Bank valued at $37.2 million for the 113-unit residential elevator building (D7) at 2499 Sedgwick Avenue in Fordham Manor, Bronx. The deal closed on October 11, 2024 and was recorded on November 13, 2024. The prior lender was Valley National Bank which held debt that had…

Two Trees Management through the entity River Street Partners LLC as borrower signed a refi land loan with lender Wells Fargo valued at $75 million for three development parcels including 105 River Street, 87 River Street and 4 North 1st Street, all in Williamsburg, Brooklyn. On these lots, 105 River Street, there is one active new building construction project, B00629573, for a 399-unit, 444,575 square-foot…

Cedar Group through the entity 255 47 Street LLC paid $6.4 million to Ramallah Trading Co. through the entity Bklyn 255 Realty, LLC for the industrial building (E1) at 255 47th Street in Sunset Park, Brooklyn. The expected use is cash flowing. The deal closed on October 31, 2024 and was recorded on November 13, 2024. The property has 18,000 square feet of built space…