Aaron Maleh of VM Equities through the entity 215 St Anns Ave LLC paid $1.2 million to Christopher Ryan through the entity 215 St. Ann’s Realty Partners Group LLC for the 10-unit residential walkup building (C7) at 215 St Anns Avenue in Mott Haven, Bronx. The expected use is cash flowing. The deal closed on August 1, 2024 and was recorded on August 13, 2024….
Italian eyeglasses distributor Aerial Vision International through the entity N7th St Retail LLC paid $5.4 million to L3 Capital through the entity L3 104-106 N 7 LLC for the two-story office building (O2) at 104 North 7th Street and the adjacent vacant lot at 106 North 7th Street in Williamsburg, Brooklyn. The expected use is owner-occupied. The deal closed on July 29, 2024 and was…
Edmond M. Safra’s EMS Capital through the entity EMS 38 E 61 LLC paid $9.1 million to Mosbacher Properties Group through the entity 38 East 61st Street LLC for the retail condo at 40 East 61st Street in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on August 9, 2024 and was recorded on August 13, 2024. The property has 19,897…
The homeless services nonprofit Better Haven Foundation in partnership with Vocational Instruction Project Community Services through the entity 4427 Wpr Housing Development Fund Corporation paid $23.6 million to the entity 4421 Wpr Development LLC for the 58-unit residential elevator building (D7) at 4427 White Plains Road in Wakefield, Bronx. The expected use is cash flowing. The deal closed on July 26, 2024 and was recorded…
Elias Bochner through the entity 177 West 26 Realty, LLC as borrower signed a refi loan with lender Lument through the entity Lument Real Estate Capital, LLC valued at $8.4 million for the 15-unit residential elevator building (D5) at 177 West 26th Street in Chelsea, Manhattan. The deal closed on August 6, 2024 and was recorded on August 12, 2024. The prior lender was Santander…
Joginder Sharma through the entity 767 8th Avenue LLC as borrower signed a refi loan with lender State Bank of Texas through the entity State Bank Of Texas valued at $12 million for three properties including the hotel building (H4) at 154-10 South Conduit Avenue in Brookville, Queens, hotel building (H3) at 767 8th Avenue in Hell’s Kitchen, Manhattan, and development building (V1) at N/A…
Son Dinh Tran through the entity 151-165 Burnside Ave Owner LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $30 million for eight properties with 56 residential units including the retail building (K1) at 151-165 East Burnside Avenue in Fordham Heights, Bronx, 18-unit residential walkup building (C1) at 425 East 6th Street in East…
Emily Wang through the entity Great Front Realty Corp. paid $4.2 million to Kim Kun Ma through the entity Ma88 LLC for the four-unit mixed-use building (S4) at 141 Allen Street in Lower East Side, Manhattan. The expected use is cash flowing. The deal closed on August 7, 2024 and was recorded on August 12, 2024. The property has 6,300 square feet of built space…
The note buyer JY Capital Group through the entity JY Citizen L.P. acquired the 35-unit residential walkup building (C1) at 333 East 150th Street in Melrose, Bronx. The expected use is cash flowing. JY Citizen L.P. made a credit bid of $1,000 on a judgment of $5 million resulting from a defaulted $2.87 million loan. The prior owner was Earl L. Bailey Jr. whose interest…
Albanese Organization as a tenant through the entity 450 Bedford Park Blvd Bronx, LLC, signed a 99-year ground lease with the New York Botanical Garden as landlord through the entity Bedford Gardens Bronx, LLC for the development site at 450 Bedford Park Bouleverd, in Fordham Manor, Bronx. The expected use is ground up development. The city valued the ground lease at $15.2 million for tax…
Howard Hughes Corporation through the entity 250 Seaport District, LLC paid $40 million for air rights from the City of New York for its skyscraper 250 Water Street, in the Financial District, Manhattan. Howard Hughes filed plans under the job number M00632762, for a new building calling for a 399-unit, 546,975 square-foot residential (R-2) building submitted on December 8, 2021. The deal closed on August…
Blackstone Group, as the holder of a $20.25 million loan initially provided by Signature Bank, filed a pre-foreclosure action August 8, 2024, alleging the loan secured by eight retail condominium units in 122 Greenwich Avenue in the West Village of Manhattan, was in default. The lender filed the complaint in New York State Supreme Court in Manhattan. This is the fifth pre-foreclosure case filed against…
UPDATED 6:20 p.m., August 13, 2024: Endi Ulaj of Innovative Development through the entity 390 Mosholu LLC as borrower signed a refi loan with lender Wells Fargo valued at $18.2 million for the 52-unit residential elevator building (D1) at 390 East Mosholu Parkway South in Bedford Park, Bronx. The deal closed on August 2, 2024 and was recorded on August 9, 2024. The prior lender…
Townhouse Management Company through the entity 39-37-35 East 63rd Residential LLC as borrower signed a refi loan with lender Derby Copeland Capital through the entity CF Dcope Atls LLC valued at $18.9 million for the eight-unit rental condo at 35 East 63rd Street in Lenox Hill, Manhattan. The deal closed on August 6, 2024 and was recorded on August 9, 2024. The prior lender was…
The China-based Han’s Holding Group through the entity Han’s 28 Hospitality LLC as borrower with Peter Pingzhi Wu as signatory, signed a refi loan with lender Citibank valued at $24 million for the hotel building (H2) at 121 West 28th Street in Chelsea, Manhattan. The deal closed on July 31, 2024 and was recorded on August 9, 2024. The prior lender was Citibank which held…
Jawad Lakhani through the entity 357 Leonard St, LLC paid $2.8 million to Michael Durso through the entity D’Urso Family Irrevocable Trust for the six-unit residential walkup building (C2) at 357 Leonard Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on July 31, 2024 and was recorded on August 9, 2024. The property has 4,875 square feet of built space…
Innovative Resources for Independence through the entity Iri: Innovative Resources For Independence, Inc. paid $5.2 million to Carol Stougo through the entity 1105 First Associates, LLC for the retail building (K1) at 65-35 Woodhaven Boulevard in Rego Park, Queens. The expected use is cash flowing. The deal closed on July 31, 2024 and was recorded on August 9, 2024. The property has 9,548 square feet…
Prosper Property Group, Zuccarello Zerillo & Company, and GRA Equities through the entity 57 Will Owner LLC paid $48 million to Meadow Partners through the entity 57 Will Property LLC for the office building (O5) at 57 Willoughby Street in Downtown Brooklyn, Brooklyn. The expected use is cash flowing. The deal closed on July 31, 2024 and was recorded on August 9, 2024. The property…
Premier Equities, led by Uzi Ben Abraham and Yaron Jacobi, through the entity Premier 39-09 Main Street, LLC signed a contract as buyer with Riesenburger Properties as seller to purchase the retail building (K2) at 39-09 to 39-11 Main Street in Flushing, Queens. The expected use is cash flowing. The price was not disclosed in the document filed with the city. The memorandum of contract…
The Nagin family’s Superior Management through the entity Luminous Condo LLC paid $7.2 million to Jessica Ronson-Jones through the entity Waverly Bldg. One LLC for the six-unit residential walkup building (C5) at 156 Waverly Place in Greenwich Village, Manhattan. The expected use is cash flowing. The purchase adds to the company’s large holdings in the area. The deal closed on July 31, 2024 and was…
