Transfers

Lender Ready Capital took title to the Little Italy retail and office building at 158 Lafayette Street, also known as 151 Grand Street, through a foreclosure auction held on October 16. It won with a credit bid of $100. A referee appointed by a New York State Supreme Court justice set October 16, 2024, as the date for a foreclosure auction for the property which…

The entity 57 Street Lender LLC registered at the law firm Sills Cummis & Gross bought a note with an original principal of $60 million from Wells Fargo secured by APF Properties’s office building (O6) at 24 West 57th Street in Midtown West, Manhattan. Wells Fargo filed a pre-foreclosure action, 850014/2024 in January that remains ongoing against APF Properties. The new note holder will likely…

Kong Yong Chen through the entity Bsk United, LLC paid $3.1 million to Filling Equipment Co. for the industrial building (F5) at 15-39 130th Street in College Point, Queens and a vacant lot (V1) at 131st Street in College Point, Queens. The expected use is cash flowing. The deal closed on October 9, 2024 and was recorded on October 21, 2024. The two properties have…

The nonprofit Bridge Street Development Corporation through the entity Bsdc 1216 Pacific Street Housing Dev Fund Corp paid $3.8 million to the nonprofit Neighborhood Restore through the entity Restoring Communities Housing Development Fund Co for the five-unit residential walkup building (C2) at 1216 Pacific Street in Crown Heights, Brooklyn. The expected use is cash flowing. The deal closed on October 8, 2024 and was recorded…

Updated 9:15 a.m. October 22, 2024: A partnership including David Kaykov through the entity 151 Freeman Street LLC paid $4.5 million to LTNG through the entity 151 Freeman Street Owner LLC for the development site at 151 to 153 Freeman Street in Greenpoint, Brooklyn. On these lots, there is one active new building construction project, 321599267, for a six-unit, 4,979 square-foot R-2 building. The project…

Thomas Anagnostopoulos through the entity Dinami 4 LLC paid $6.2 million to RockFarmer Properties through the entity Rfc 31 Ccu LLC for the retail condo at 21-21 31st Street in Ditmars Steinway, Queens. The expected use is cash flowing. The deal closed on September 30, 2024 and was recorded on October 21, 2024. The property has 24,561 square feet of built space according to a…

RCH Capital through the entity Rch/Kcp 2021 Fund LLC bought a note with an original principal of $9.8 million from Webster Bank secured by Congregation and Gmach Zichron Shlomo’s 58-unit residential elevator building (D1) at 20 Crooke Avenue in Flatbush, Brooklyn. The deal closed on September 20, 2024 and was recorded on October 18, 2024. The prior lender was Webster Bank which held debt that…

The Belanich family’s Bell Realty through the entity CDI 21st Lic, LLC as borrower signed a refi loan with lender First National Bank of Long Island valued at $17 million for two properties including the specialty building (W1) at 21-02 44th Road in Long Island City, Queens and industrial building (G7) at 44-41 21st Street in Long Island City, Queens. The deal closed on October…

Toufik Kassab through the entity 1205 Surf Ave Realty LLC paid $2.2 million to Elan Katz through the entity 1045 Surf LLC for the retail building (P6) at 1045 Surf Avenue in Coney Island, Brooklyn. The deal closed on September 25, 2024 and was recorded on October 18, 2024. The property has 3,938 square feet of built space and 3,938 square feet of additional air…

Peter Zaharatos through the entity Sixty-One Sixteen Fifth Avenue LLC paid $2.3 million to the entity Piccolo Fiore Properties LLC for the four-unit mixed-use building (S9) at 7324 Third Avenue in Bay Ridge, Brooklyn. The expected use is cash flowing. The deal closed on October 10, 2024 and was recorded on October 18, 2024. The property has 3,600 square feet of built space according to…

Mendel Bar-Horin through the entity 4616-18 New Utrecht Ave LLC paid $2.6 million to Samuel Shlagbaum and Michael Fuchs through the entity 4618 New Utrecht Associates for the two, two-unit mixed-use buildings (S2) at 4616 and 4618 New Utrecht Avenue in Borough Park, Brooklyn. The expected use is cash flowing. The deal closed on October 10, 2024 and was recorded on October 18, 2024. The…

John D. Sullivan through the entity 308 East 49 Realty LLC paid $4.4 million to Louis Sabin and Sol Marc Klapholtz through the entity 308 East 49, LLC for the 12-unit residential walkup building (C7) at 308 East 49th Street in Turtle Bay, Manhattan. The expected use is cash flowing. The deal closed on August 28, 2024 and was recorded on October 18, 2024. The…

NYC Prime Properties through the entity 515 Dean Street Group LLC paid $5.6 million to Temple of Restoration through the entity The Temple Of Restoration for the specialty building (M1) at 515 Dean Street in Prospect Heights, Brooklyn. The expected use is conversion or new development. The deal closed on September 30, 2024 and was recorded on October 18, 2024. The property has 8,400 square…

The Laboz family’s United American Land through the entity Thor 734 Broadway LLC as borrower signed a refi loan with lender Metropolitan Commercial Bank valued at $9 million for the five-unit office building (O5) at 734 Broadway in NoHo, Manhattan. The deal closed on October 10, 2024 and was recorded on October 17, 2024. The prior lender was Blackstone Group (as buyer of Signature Bank…