Transfers

CACHED

Rabina Properties, new partner Edward Friedman sign $12.5M loan in Midtown West

Rabina Properties and new partner Edward Friedman through the entity 850 Eighth LLC (and others) as borrower signed a refi loan with lender M&T Bank through the entity Manufacturers And Traders Trust Company valued at $12.5 million for four properties with 108 residential units including the 34-unit residential walkup building (C7) at 854 Eighth Avenue in Midtown West, Manhattan, 34-unit residential walkup building (C7) at…

S3 Capital lends Pinches Abowitz $29.3M to build 69 units in East Flatbush, S3’s 17th building loan in 12 months

Pinches Abowitz through the entity 2700 Church Realty LLC as borrower signed a refi loan with lender S3 Capital through the entity S3 Re 2700 Church Funding LLC valued at $29.3 million for a 69-unit development at 2718 Church Avenue in East Flatbush, Brooklyn. The property has alternate addresses including 2700 Church Avenue. On these lots, there is one active new building construction project under…

Alexico Group signs $300M senior refi with Goldman for Mark Hotel in Lenox Hill, part of $325M package

Izak Senbahar’s Alexico Group through the entity Mark Propco LLC (and others) as borrower signed a refi senior loan with lender Goldman Sachs through the entity Goldman Sachs Bank USA valued at $300 million for two properties including the Mark Hotel building (H1) at 25 East 77th Street in Lenox Hill, Manhattan and four-unit mixed-use building (S9) at 1000 Madison Avenue in Lenox Hill, Manhattan….

Yuan Pei Zheng pays $1.9M for 3-family in Corona

Yuan Pei Zheng through the entity Yz Real Property LLC paid $1.9 million to Joy Deb Dey through the entity Biresh Inc. for the newly constructed, three-unit, semi-attached building (C0) at 108-43 48th Avenue in Corona, Queens. The deal closed on June 12, 2024 and was recorded on June 20, 2024. The property has 3,230 square feet of built space and 408 square feet of…

Eddy Calazel, Yuval Shimron pay $3.6M for 8-unit walkup in Harlem

Eddy Hersaut Calazel and Yuval Shimron paid $3.6 million to Leroy Gittens for the eight-unit residential walkup building (C5) at 21 West 121st Street in Harlem, Manhattan. The deal closed on June 13, 2024 and was recorded on June 20, 2024. The property has 4,764 square feet of built space and 2,521 square feet of additional air rights for a total buildable of 7,289 square…

Judy Swimer, Faigy Fischman pay $4M for retail in Flatbush, second recent purchase

Judy Swimer and Faigy Fischman through the entity JS1024 LLC and FF1632 LLC paid $4 million to Mark Levy through the entity Roundtree Realty Corp for the retail building (K1) at 2625 Bedford Avenue in Flatbush, Brooklyn. The deal closed on June 7, 2024 and was recorded on June 20, 2024. The property has 6,000 square feet of built space and 18,298 square feet of…

Xiaoyan Sui pays $6.7M for 9-unit walkup in Hell’s Kitchen

Xiaoyan Sui through the entity 351 W 48 St LLC paid $6.7 million to Sterling Holdings through the entity Landmark Holdings Nyc LLC for the nine-unit residential walkup building (C1) at 351 West 48th Street in Hell’s Kitchen, Manhattan. The deal closed on May 31, 2024 and was recorded on June 20, 2024. The property has 8,000 square feet of built space and 4,074 square…

Lucas Popaj signs $10M refi with Wells Fargo for 34-unit rental in Belmont

Lucas Popaj through the entity 773 Grote LLC as borrower signed a loan with lender Wells Fargo valued at $10 million for the 34-unit residential elevator building (D1) at 773 Grote Street in Belmont, Bronx. The deal closed on June 7, 2024 and was recorded on June 18, 2024. The property has 22,976 square feet of built space according to a PincusCo analysis of city…

KABR signs $55.3M senior refi with Acore for industrial in Hollis, part of $69.1M loan package

UPDATED 5:16 p.m., June 26, 2024: KABR Group through the entity 184 Jamaica Ave, LLC as borrower signed a loan with lender Acore Capital Mortgage valued at $55.3 million for two industrial properties including the industrial buildings (E1) at 184-60 and 184-10 Jamaica Avenue in Hollis, Queens. The total loan including portions such as mezzanine and future funding is $69.125 million. The deal closed on…

Durst signs $450M refi at 958-unit Sven in LIC, was on market for $800M

The Durst Organization through the entity Qpp LLC as borrower signed a senior loan with lender Wells Fargo valued at $450 million for the 958-unit rental building completed in 2022, the Sven at 29-59 Northern Boulevard in Long Island City, Queens, as well as several smaller properties. The family-led firm had put the property on the market seeking $800 million, The Real Deal reported in…

Chuan Chan Cao pays $3.8M for retail in Flushing

Chuan Chan Cao through the entity 136 Dreamsville LLC paid $3.8 million to Swayne Shu through the entity Hon Shong Inc. for the retail building (K1) at 136-04 Booth Memorial Avenue in Flushing, Queens. The deal closed on May 31, 2024 and was recorded on June 18, 2024. The property has 5,640 square feet of built space according to a PincusCo analysis of city data….

Eugene Weiss pays $4.8M for two mixed-use properties in Dyker Heights

Eugene Weiss through the entity 1224 60th St Realty LLC paid $4.8 million to Joel Ackerman through the entity 1224 60th Street LLC for the mixed-use building (K4) at 1230 60th Street and the four-unit mixed-use building (S4) at 1224 60th Street in Dyker Heights, Brooklyn. The deal closed on May 30, 2024 and was recorded on June 18, 2024. The two properties have 4,940…

Griffon Ventures pays $7.2M for 41-unit walkup in Bedford Park

Yitzchok Weinberg’s Griffon Ventures through the entity 3043 GV LLC paid $7.2 million to Allen Schwartz through the entity Vilcorn, LLC for the 41-unit residential walkup building (C7) at 3043-3045 Villa Avenue in Bedford Park, Bronx. The deal closed on May 30, 2024 and was recorded on June 18, 2024. The property has 46,585 square feet of built space and 15,887 square feet of additional…

Meral Property Group pays $10M for 55-unit dev site in Astoria

Meral Property Group through the entity Tlg Astoria Blvd LLC paid $10 million to Thomas Anagnostopoulos and Antonios Dagounakis through the entity Ed 2003 Equities LLC for the mid-block development site (V1) at 21-03 to 21-09 Astoria Boulevard in Astoria, Queens. On these lots, there is one active new building construction project under job number 421229735 for a 55-unit, 46,968 square-foot residential (R-2) building. The…

Jack Guttman takes stake in RFR, Kushner Dumbo building valued at $33.75M

RFR Holding and Kushner Companies brought low-profile Brooklyn investor Jack Guttman of Pearl Realty Management in as an investor with an unknown stake in the Dumbo, Brooklyn, office building at 81 Prospect Street, according to a PincusCo analysis of city property records. The transfer price was $33.75 million. According to the transfer documents, RFR Holding and Kushner Companies through a jointly owned entity RFR/K 81…

Shorenstein Properties signs $26M refi loan with Forethought for 55-unit rental in East Village

Shorenstein Properties through the entity 200 E 11th St Owner LLC as borrower signed a refi loan with lender Forethought Life Insurance Company valued at $26 million for the 55-unit rental condo unit at 55 Third Avenue in East Village, Manhattan. The deal closed on June 12, 2024 and was recorded on June 17, 2024. The prior lender was Helaba which held debt that had…

Impulsive Group signs $34.2M refi for two hotels in Midtown West

Impulsive Group through the entity 47th Hotel Associates, LLC as borrower signed a refi loan with lender Bank of America through the entity Bank Of America, N.A., valued at $34.2 million for two hotel properties including the hotel building (H3) at 132 West 47th Street in Midtown West, Manhattan and hotel building (H3) at 128 West 47th Street in Midtown West, Manhattan. The deal closed…

Radojica Katnic pays $2.7M for industrial in Ridgewood

Radojica Katnic through the entity 63-49 60th Place Ridgewood LLC paid $2.7 million to Adriana Roman through the entity D.A.E. Realty, LLC for the industrial building (F9) at 63-49 60th Place in Ridgewood, Queens. The deal closed on May 22, 2024 and was recorded on June 17, 2024. The property has 9,000 square feet of built space and 6,611 square feet of additional air rights…

Shlomo Ben Nasser pays $3.1M to Toorak for 7-unit walkup in Bed Stuy

Shlomo Ben Nasser of 26 Splitrock through the entity 476 Gates Ave SR LLC paid $3.1 million to Toorak Capital Partners through the entity 2021-1 Realty Holdings II LLC for the seven-unit residential walkup building (C1) at 476 Gates Avenue in Bedford Stuyvesant, Brooklyn. The deal closed on May 28, 2024 and was recorded on June 17, 2024. The property has 4,870 square feet of…

Peng Fan pays $4.3M for retail condo in Tribeca

Peng Fan through the entity Kylin Realty LLC paid $4.3 million to Victor Setton through the entity Hudson Street Retail, LLC for the retail condominium unit at 114 Hudson Street in Tribeca, Manhattan. The deal closed on June 5, 2024 and was recorded on June 17, 2024. The property has 2,995 square feet of built space according to a PincusCo analysis of city data. The…