Empire State Realty Trust through the entity Esrt 92-94 North 6th Street, L.L.C. paid $17 million to L3 Capital through the entity Rs Jz Bedford – N 6th, LLC for the retail building (K2) at 92 North 6th Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on October 30, 2024 and was recorded on November 14, 2024. The property has…
Yitzchok Katz’s Goose Property Management through the entity 172 Third Ave LLC paid $22 million to Jack Elo’s Elo Organization through the entity Fortune Jd LLC for the 12,662-square-foot vacant lot (V1) at 172 3rd Avenue in Gowanus, Brooklyn. The expected use is ground up development. Yitzchok Katz’s Goose Property Management is also in contract to buy 246 Butler Street, just to the west. The…
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…
Nathan Benelyahou and Alan Kaypour through the entity 26 East LLC. paid $3.4 million to Raber Enterprises through the entity V.G.C. Realty Corp. for the 12-unit residential walkup building (C7) at 212 East 26th Street in Kips Bay, Manhattan. The expected use is cash flowing. The deal closed on October 23, 2024 and was recorded on November 13, 2024. The property has 6,895 square feet…
Edward Ostad paid $7.25 million for three buildings in Williamsburg, Brooklyn, in two separate transactions. In the first, Edward Ostad through the entity 98 Graham Ave LLC paid $3.75 million to Suzanne Castagna through the entity Alir Management Corp. for the four-unit mixed-use building (S4) at 115 Seigel Street in Williamsburg, Brooklyn and two-unit mixed-use building (S2) at 100 Graham Avenue in Williamsburg, Brooklyn. The…
Vima Property Group through the entity 30th Street Ny LLC paid $6 million to Zeljka Birbas through the entity 34-08 30th Street LLC for the 45-unit residential walkup building (C7) at 34-08 30th Street in Astoria, Queens. The expected use is cash flowing. The deal closed on November 4, 2024 and was recorded on November 13, 2024. The property has 40,500 square feet of built…
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…
Liberty One Group through the entity 980 Prospect Owner, LLC paid $9.5 million to Acacia Network through the entity 980 Prospect, LLC for the hotel building (HR), a homeless shelter, at 980 Prospect Avenue in Longwood, Bronx. The expected use is cash flowing. The deal closed on October 31, 2024 and was recorded on November 13, 2024. The property has 23,674 square feet of built…
Benedict Realty Group through the entity Richelieu L.P. paid $13.5 million to Algin Management through the entity Richelieu Gardens Co., LLC for the 120-unit residential elevator building (D1) at 34-44 77th Street in Jackson Heights, Queens. The expected use is cash flowing. The deal closed on October 23, 2024 and was recorded on November 13, 2024. The property has 104,000 square feet of built space…
Top Rock Holdings through the entity 139-30 Queens Blvd Owner LLC paid $14.1 million to Teachers Federal Credit Union through the entity Teachers Federal Credit Union for the office building (O2) at 139-30 Queens Boulevard in Briarwood, Queens. The deal closed on October 31, 2024 and was recorded on November 7, 2024. The property has 63,897 square feet of built space and 72,960 square feet…
Karishma Moorjani through the entity 1788 Pitkin LLC paid $2.4 million to Chana Lerner through the entity Mod 1784 LLC for the two two-unit mixed-use buildings (S2) at 1784 and 1788 Pitkin Avenue in Brownsville, Brooklyn. The expected use is cash flowing. The deal closed on October 21, 2024 and was recorded on November 12, 2024. The two properties have 8,250 square feet of built…
Bradley Seaman through the entity Fozroy LLC paid $2.7 million to Marek Stawiarski and Iwona Stawiarski through the entity Tmay Corporation for the three-unit mixed-use building (S9) at 145 Nassau Avenue in Greenpoint, Brooklyn. The expected use is cash flowing. The deal closed on October 3, 2024 and was recorded on November 12, 2024. The property has 3,800 square feet of built space according to…
Eitan Binet through the entity Bsd Ge 731 LLC paid $3.4 million to developer Einav Gelberg through the entity 731 Liberty LLC for the newly constructed 10-unit walkup building (C7) at 731 Liberty Avenue in East New York, Brooklyn. The expected use is cash flowing. The deal closed on October 30, 2024 and was recorded on November 12, 2024. The property has 7,469 square feet…
HH Equities through the entity 80 Seventh Bk, LLC paid $3.6 million for the three-unit mixed-use building (S3) at 80 7th Avenue in Park Slope, Brooklyn. The expected use is cash flowing. The deal closed on October 31, 2024 and was recorded on November 12, 2024. The property has 6,400 square feet of built space according to a PincusCo analysis of city data. The sale…
Omri Bar-Mashiah’s Minerva Development through the entity 117 State LLC paid $5 million for the three-unit building (C0) at 117 State Street in the historic district of Brooklyn Heights, Brooklyn. The deal closed on October 29, 2024 and was recorded on November 12, 2024. The property has 4,168 square feet of built space and 2,158 square feet of additional air rights for a total buildable…
The not-for-profit ACMH through the entity ACMH Webster Avenue Apartments LLC paid $7 million to Bolivar Development through the entity 3041 Webster, LLC for the development building (V1) at 3041 Webster Avenue in Norwood, Bronx. The expected use is ground up development. On the lot, there is one active new building construction project, X08043433, for a 136-unit, 83,982 square-foot R-2 building. The project was submitted…
Ji Jiang Zheng through the entity BPX Pinnacle LLC paid $13.8 million to the Mavrides, Moyal, Packman & Sadkin registered entity 81-05 Prop Owner LLC for the 35 unsold residential and eight commercial condominium units at the property at 81-05 Queens Boulevard in Elmhurst, Queens. The deal closed on October 22, 2024 and was recorded on November 12, 2024. The 43 units have 54,417 square…
