Transfers

Aulder Capital through the entity 162-164 East 82nd Apts LLC as borrower signed a refi loan with lender Principal Real Estate Investors through the entity SBAF Mortgage Fund I/Lender, LLC valued at $8.5 million for two residential walkup properties with 37 residential units including the 20-unit residential walkup building (C5) at 164 East 82nd Street in Carnegie Hill, Manhattan and 17-unit residential walkup building (C5)…

FREO Group through the entity 68 Richardson Owner LLC as borrower signed a refi loan with lender Greystone & Co. through the entity Greystone Servicing Company LLC valued at $15.2 million for two properties with 24 residential units including the 24-unit residential elevator building (D2) at 68 Richardson Street in Williamsburg, Brooklyn and development parcel (V1) at 60A Lorimer Street in Williamsburg, Brooklyn. The deal…

Michael Durante through the entity Mjd Holdings LLC paid $3.1 million to Zaki Turkieh through the entity Orly Management And Realty LLC for the industrial building (F1) at 933 Stanley Avenue in East New York, Brooklyn. Zaki Turkieh bought the building on the same day for $2.3 million, then flipped it to Michael Durante in the current sale. The deal closed on January 5, 2024…

An individual paid $3.4 million for the three-unit building (C0) at 307 Park Place in Prospect Heights, Brooklyn. The deal closed on January 25, 2024 and was recorded on February 1, 2024. The property has 3,084 square feet of built space and 1,587 square feet of additional air rights for a total buildable of 4,670 square feet according to a PincusCo analysis of city data….

Churches United For Fair Housing through the entity Churches United For Fair Housing, Inc. paid $6.5 million to Solomon Schiff through the entity Kochav Equities, LLC for the mixed-use building (K4) at 276 Starr Street in Bushwick, Brooklyn. The deal closed on January 26, 2024 and was recorded on February 1, 2024. The property has 13,500 square feet of built space according to a PincusCo…

The entity 187wp, LLC paid $7.5 million to the entity 187 Washington Park LLC for the three-unit building (C0) at 187 Washington Park in Fort Greene, Brooklyn. The deal closed on January 26, 2024 and was recorded on February 1, 2024. The property has 3,880 square feet of built space and 120 square feet of additional air rights for a total buildable of 4,000 square…

$5.6M pre-foreclosure at Ridgewood new construction: Lender Flushing Bank filed a $5.6 million pre-foreclosure at newly built properties 1816 Gates Avenue and 1814 Gates Avenue in Ridgewood, Queens, alleging a maturity default on the loan, due to be repaid in December 2023. The complaint was filed in Brooklyn State Supreme Court on January 31, 2024. Case LINK Court filings represent the position of one party…

Sycamore Birch Management through the entity 864 BPS Apartments LLC as borrower signed a new construction loan with lender Webster Bank valued at $39.1 million for the 82-unit development at 864 Bronx Park South in West Farms, Bronx. On the lot, there is one active new building construction project for an 82-unit, 65,940 square-foot residential (R-2) building. The project was submitted by Michael Pilla with…

David Halberstam through the entity 127 Concord Realty LLC as borrower signed a refi loan with lender Dwight Capital through the entity Dwight Mortgage Trust LLC valued at $41.2 million for the development building (V1) at 127-131 Concord Street in Downtown Brooklyn, Brooklyn. On the lot, there was a new building construction project for a 73-unit, 48,558 square-foot R-2 building. The project was submitted by…

Brisa Builders through the entity Brisa Grace’s Place Managers LLC as borrower signed a new construction loan with lender TD Bank valued at $47.4 million for the retail building (K1) at 13-04 Nameoke Avenue in Far Rockaway, Queens. On the lot, there are two active new building construction projects, totaling 224,562 square feet. The largest is a new building project for a 219-unit, 194,966 square-foot…

An artist paid $3.1 million to Steven Pacia through the entity Sine Parade, Inc. for the industrial building (F5) at 17 Frost Street in Williamsburg, Brooklyn. The deal closed on January 22, 2024 and was recorded on January 31, 2024. The property has 2,500 square feet of built space and 2,499 square feet of additional air rights for a total buildable of 4,998 square feet…

Rising Properties paid $3.3 million to Carolyn J. Hebel through the entity CJH Property Management LLC for the industrial building (F4) at 24-13 46th Street in Astoria, Queens, and three small adjacent tax parcels. Rising Properties is located at the corporate office for Gullwing Motors Cars, which is located a half a block away on the same street. Peter Kumar is the owner of antique…

Pinches Abowitz through the entity Foam Place Holdings LLC paid $4.8 million to Marcal Group through the entity 11-19 Foam Place Holdings LLC for the 66-unit project at 11-19 Foam Place in Far Rockaway, Queens. There is a new building plan for a 66-unit, 45,647 square-foot residential (R-2) building submitted by Marcal Group and filed by Abraham Caller with plans filed February 16, 2022 and…

Moses Friedman through the entity Gn 514 Maple LLC paid $7.5 million to Jean Vanguens Michel and Pierre Bernard through the entity Vpmb Holdings Inc. for the 10-unit residential building (C1) at 514 Maple Street in East Flatbush, Brooklyn. On the lot, there was a new building construction project for a 10-unit, 7,906 square-foot residential (R-2) building. The project was submitted by Moshe Gross with…

Bromley Companies through the entity 120 Fee LLC as borrower signed a refi loan with lender Apple Bank for Savings valued at $15.5 million for the office building (O6) at 120 Fifth Avenue in Flatiron District, Manhattan. The deal closed on January 24, 2024 and was recorded on January 30, 2024. The prior lender was TD Bank which held debt that had an original loan…

EMP Capital Group through the entity EMP Grand Pacific LLC as borrower signed a refi loan with UK lender OakNorth Bank valued at $35 million for the newly constructed 69-unit building at 985 Pacific Street in Crown Heights, Brooklyn. There is a new building project for a 69-unit, 55,957 square-foot R-2 building submitted by EMP Capital Group and filed by Elie Pariente with plans filed…

Optimum Asset Management through the entity 222 East Broadway Property Owner, LLC as borrower signed a refi loan with lender Zusatzversorgungskasse des Baugewerbes valued at $81.8 million for three properties with 52 residential units including the 52-unit residential elevator building (D3) at 232 East Broadway in Lower East Side, Manhattan, specialty building (N2) at 228 East Broadway in Lower East Side, Manhattan, and specialty building…

Zaki Turkieh through the entity Orly Management And Realty LLC paid $2.3 million to the entity Casa Del Realty LLC for the industrial building (F1) at 933 Stanley Avenue in East New York, Brooklyn. The deal closed on January 5, 2024 and was recorded on January 30, 2024. The property has 9,700 square feet of built space according to a PincusCo analysis of city data….