Sudhir Kumar Arora through the entity 114 East 183rd St Corp paid $2.8 million to Simkho Aranbayev through the entity 114 East 183rd LLC for the retail building (K1) at 114 East 183rd Street in Fordham Heights, Bronx. The deal closed on March 5, 2024 and was recorded on March 14, 2024. The property has 3,149 square feet of built space and 15,802 square feet…
Balbir Singh through the entity 960 Myrtle Ave LLC paid $3.5 million to the entity Jack Paz, LLC for the eight-unit residential walkup building (C7) at 960 Myrtle Avenue in Bedford Stuyvesant, Brooklyn. The deal closed on March 5, 2024 and was recorded on March 14, 2024. The property has 6,000 square feet of built space and 4,498 square feet of additional air rights for…
Liberty One Group through the entity West 106th Street Owner 1 LLC paid $14 million to August Aichhorn Center for Adolescent Residential Care for the 12-unit specialty building (N2) at 23 West 106th Street and the 12-unit specialty building (N9) at 142 West 106th Street in Upper West Side, Manhattan. PincusCo reported in April 2023 on this transaction when this deal was in contract. The…
The special servicer for a loan with a $10.5 million balance filed a pre-foreclosure complaint yesterday against an affiliate of the Feil Organization which owns the 11,145-square-foot retail condominium unit at the base of the Tempo condo building at 300 East 23rd Street at the corner of Second Avenue in Gramercy. The special servicer, LNR Partners, filed the action on behalf of investors in the…
Four Winds Real Estate through the entity 110-114 Rivington House Partners LLC as borrower signed a refi loan with lender Arbor Realty Trust through the entity Arbor Agency Lending, LLC valued at $24.3 million for four properties with 53 residential units including the 23-unit residential elevator building (D6) at 114 Ridge Street in Lower East Side, Manhattan, 20-unit residential walkup building (C7) at 106 Ridge…
FBE Limited through the entity FBE Kings Highway LLC as borrower signed a refi loan with lender JLL through the entity JLL Real Estate Capital, LLC valued at $30.8 million for the 119-unit residential elevator building (D7) at 9720 Kings Highway in Brownsville, Brooklyn. The deal closed on February 21, 2024 and was recorded on March 13, 2024. The prior lender was Santander Bank which…
Clipper Equity through the entity Bedford Beverly B LLC as borrower signed a new construction loan with lender Slate Property Group through the entity Scale 2360 Bedford Lender LLC valued at $140 million for the 354-unit project at 2366 Bedford Avenue in Flatbush, Brooklyn. The project is identified as Building B in the lower portion of the illustration, and was filed under job number B00698117….
Greenbrook Partners and Carlyle Group through the entity Townhouse Rental II, L.L.C. paid $2.2 million to Meshulam Hass through the entity 257 Sunset Inc for the two-unit building (B9) at 257 19th Street in Greenwood Heights, Brooklyn. The deal closed on March 8, 2024 and was recorded on March 13, 2024. The property has 1,440 square feet of built space and 1,685 square feet of…
Nuhma Tuazon through the entity Tn Venture LLC paid $2.2 million to Frank Denisco through the entity 24-25 45th Ave LLC for the 10-unit residential walkup building (C5) at 21-25 45th Avenue in Long Island City, Queens. The deal closed on March 4, 2024 and was recorded on March 13, 2024. The property has 2,976 square feet of built space and 1,020 square feet of…
Zulema Rina Paz paid $2.3 million to Urban Standard Capital through the entity USD 117 West 118 LLC for the nine-unit residential walkup building (C5) at 117 West 118th Street in Harlem, Manhattan. The deal closed on February 15, 2024 and was recorded on March 13, 2024. The property has 3,750 square feet of built space and 3,188 square feet of additional air rights for…
Spiro Gatanas through the entity Sjg Astoria LLC paid $2.7 million to Anna Maria Yavaldakis through the entity 21-42 28th Street LLC for the 16-unit residential walkup building (C1) at 21-42 28th Street in Ditmars Steinway, Queens. The deal closed on March 1, 2024 and was recorded on March 13, 2024. The property has 11,000 square feet of built space according to a PincusCo analysis…
Ruben Damaghi through the entity 405 Sackett LLC paid $2.9 million to Bart Raffaele through the entity Angeloni, Elio for the three-unit 1-4 family building (C0) at 405 Sackett Street in Carroll Gardens, Brooklyn. The deal closed on March 5, 2024 and was recorded on March 13, 2024. The property has 3,040 square feet of built space and 960 square feet of additional air rights…
An unidentified buyer through the entity 328-330 Utica Ave LLC paid $6 million to Moshe Drizin through the entity Delta Ventures LLC for the retail building (K1) at 328 Utica Avenue in Crown Heights, Brooklyn. The property is occupied by a CTown Supermarket. The deal closed on March 7, 2024 and was recorded on March 13, 2024. The property has 5,058 square feet of built…
The entity Basp Ny, LLC paid $12 million to Jack Zyman through the entity Zym@ 112 LLC for the seven-unit residential walkup building (C1) at 112 Waverly Place in Greenwich Village, Manhattan. The deal closed on February 29, 2024 and was recorded on March 13, 2024. The property has 3,822 square feet of built space and 3,557 square feet of additional air rights for a…
Thomas Polsinelli through the entity B 114 LLC paid $13.5 million to Asset Realty & Construction Group through the entity 114-115 Rockaway Park, LLC for the 27-unit rental building at 114-30 Rockaway Beach Boulevard and the adjacent 27-unit rental building at 114-06 Rockaway Beach Boulevard in Rockaway Park, Queens. Each building is divided into three commercial condominium units, and the sale was for all six…
Urban Resource Institute through the entity 951 Olmstead Avenue Housing Development Fund Corp acquired an interest from Heights Advisors through the entity 2086 Bruckner Boulevard LLC valued at $64 million for 161-unit specialty building (N2) at 951 Olmstead Avenue in Unionport, Bronx and the development site at approximately 2092 Bruckner Expressway in Unionport, Bronx. Urban Resource Institute is a nonprofit that works with domestic violence…
St. Louis-based Midas Hospitality, founded by J.T. Norville and David Robert, on March 6, 2024, paid $34.88 million for a nearly complete Downtown Brooklyn hotel at 291 Livingston Street that Aview Equities developed that was placed into bankruptcy last summer. A bankruptcy specialist on behalf of Abraham Leifer‘s Aview Equities and others placed the “95-percent complete” 103-room hotel project valued at $29.5 million at 291…
Stephanie Eisenberg of Nash Metalware through the entity 72 North 15th Street Owner LLC as borrower signed a refi loan with lender Dalan Real Estate through the entity DC N 15th Lender LLC valued at $16.5 million for the industrial building (F5) at 72 North 15th Street in Williamsburg, Brooklyn. The deal closed on March 1, 2024 and was recorded on March 12, 2024. The…
Peak Capital Advisors paid $8.5 million to two separate sellers for a seven-unit building in Turtle Bay and a five-unit building in Greenpoint in two transactions. In the first, Peak Capital Advisors through the entity 333 52nd Owner LLC paid $4.3 million to Mohammad Dastghaib and Peggy DeVivo for the seven-unit residential elevator building (D7) at 333 East 52nd Street in Turtle Bay, Manhattan. The…
Grocer Ruben Luna through the entity Diluna Property LLC paid $18.2 million to Sierra Assets Group through the entity M&H Zuckerbraun, LLC for the retail building (K1) at 1221 St. Nicholas Avenue in Washington Heights, Manhattan. The deal closed on March 6, 2024 and was recorded on March 12, 2024. The property has 17,100 square feet of built space and 41,724 square feet of additional…
