Transfers

The entity Martense Realty LLC paid $5.2 million to Raphael Toledano through the entity Adele Realty LLC for the 28-unit residential walkup building (C1) at 305 Martense Street in East Flatbush, Brooklyn. The deal closed on April 24, 2024 and was recorded on May 6, 2024. The property has 21,840 square feet of built space according to a PincusCo analysis of city data. The sale…

Ha’Or Beacon School through the entity 3030 Nostrand Ave LLC paid $6.8 million to Moshe Halberstam through the entity 3030 Nostrand Avenue Realty LLC for the office building (O5) at 3030 Nostrand Avenue in Sheepshead Bay, Brooklyn. The deal closed on April 19, 2024 and was recorded on May 6, 2024. The property has 15,000 square feet of built space according to a PincusCo analysis…

The Smeke family’s CSC Coliving through the entity 105-115 Greenpoint Owner LLC as borrower signed a refi loan with lender Barclays through the entity Barclays Capital Real Estate Inc valued at $30 million for three residential walkup properties with a total of 52 residential units at 107, 111 and 115 Greenpoint Avenue in Greenpoint, Brooklyn. The deal closed on April 23, 2024 and was recorded…

G4 Capital Partners through the entity 76 8th Ave LLC as borrower signed an acquisition loan with lender Sabal Investment Holdings through the entity Ssof II 76 8th Ave LLC valued at $32.2 million for the newly built office building (O6) at 74 8th Avenue in West Village, Manhattan. The deal closed on April 30, 2024 and was recorded on May 3, 2024. The prior…

Yitzchok Schwartz through the entity Franklin Plaza II LLC as borrower signed a new construction loan with lender G4 Capital Partners through the entity G4 18258, LLC valued at $117 million for a three-parcel development site with the address 960 Franklin Street and alternate addresses at 122A, 124 and 130 Montgomery Street in Crown Heights, Brooklyn. Schwartz paid $64 million for the development site. On…

Argent Ventures through the entity 1601 Broadway Owner LLC as borrower signed a refi loan with lender H&R REIT through the entity Times Square Portfolio Inc. valued at $212 million for the Crowne Plaza Times Square Manhattan hotel building (H1) at 1601 Broadway in Midtown West, Manhattan. The deal closed on April 17, 2024 and was recorded on May 3, 2024. The property has 843,131…

Jacob Fulop paid $5.5 million to Israel Chaplin for three contiguous, mixed-use buildings in Bedford Stuyvesant, Brooklyn, at 1439 Fulton Street, 1445 Fulton Street and 484 Tompkins Avenue, which make up the corner of Fulton Street and Tompkins Avenue. PincusCo expects this to be a development site based on the large amount of air rights. Jacob Fulop through the entity 1439 Lofts LLC paid $1.8…

Joel Braver’s Express Builders through the entity 100 Rutledge LLC paid $3.1 million to the religious group Kahal Toldos Tzvi D’Spinka for the development parcels (V0) at 100 and 102 Rutledge Street in Williamsburg, Brooklyn. The deal closed on April 18, 2024 and was recorded on May 3, 2024. The two properties have zero square feet of built space and 9,720 square feet of additional…

Urban Standard Capital through the entity USC 883 Bryant 2 LLC acquired from the prior property owner Gregory Harvey through the entity Masani Holding Company Corp., the 40-unit development project (D7) at 883 Bryant Avenue in Hunts Point, Bronx, in a $3.9 million foreclosure auction. On this parcel, there is a new building project for a 40-unit, 21,231 square-foot residential (R-2) building submitted by Greg…

Andon Iksino of Xinos Construction through the entity 109-10 15th Ave LLC paid $5.6 million to affiliates of Kaplon-Belo Affiliates through the entity JB Vernon LLC (and others) for the industrial building (E9) at 109-10 15th Avenue in College Point, Queens, specialty building (Z9) at 110-00A 15th Avenue in Queens, and office building (O1) at 110-00 15th Avenue in College Point, Queens, and others. The…