Jacob Zicherman through the entity Livonia Ave Estates LLC paid $3.1 million to Meir Rosenbaum through the entity 126-144 Livonia Ave LLC for the development building (V0) at 126-144 Livonia Avenue in Brownsville, Brooklyn. Isaac Rosenberg, on February 28, filed a permit application for construction of a 52-unit, 51,192-square-foot mixed-use building at 128 Livonia Avenue in Brownsville, Brooklyn. The deal closed on January 22, 2024…
Eliezer Sizye Lefkowitz through the entity 123 Eighth Avenue LLC paid $3.3 million to Nachum Dirnfeld through the entity 123 8th Avenue Corp. for the nine-unit residential walkup building (C1) at 123 8th Avenue in Park Slope, Brooklyn. The deal closed on January 12, 2024 and was recorded on January 30, 2024. The property has 6,666 square feet of built space and 1,056 square feet…
Bluejay Management through the entity 80 Clarkson Partners LLC paid $7.8 million to Sentinel Real Estate through the entity 80 Clarkson LLC for the 83-unit residential elevator building (D1) at 80 Clarkson Avenue in Flatbush, Brooklyn. The deal closed on January 23, 2024 and was recorded on January 30, 2024. The property has 97,137 square feet of built space according to a PincusCo analysis of…
James G. Nicholas II through the entity 241 West Broadway Ny LLC paid $15.3 million to John F. Viggiano through the entity 241-243 West Broadway, LLC for the seven-unit mixed-use building (K4) at 241 West Broadway in Tribeca, Manhattan. The deal closed on January 23, 2024 and was recorded on January 30, 2024. The property has 18,719 square feet of built space and 1,695 square…
The trustee for a defaulted securitized loan at a bankrupt commercial building at 130 Bowery in Chinatown, Manhattan, alleges individuals controlling the debtor are intentionally delaying a $26 million sale of the property originally scheduled for October 2023. The sale to SC Holdings, planned as part of the disposition of the property in bankruptcy, has not happened, and the loan trustee points the finger at…
Centurion Real Estate Partners through the entity 200 West 72nd Owner, LLC as borrower signed a refi loan with lender Macquarie Group through the entity Macquarie Pf Inc. valued at $170 million for 58 unsold condominium units in a building with a total of 196 residential units at 212 West 72nd Street in Upper West Side, Manhattan. The deal closed on January 10, 2024 and…
The Carlyle Group and Greenbrook Partners through the entity Townhouse Rental II, L.L.C. paid $2.2 million to Oren Hakim through the entity 203 On LLC for the three-unit building (C0) at 203 Cornelia Street in Bushwick, Brooklyn. The deal closed on January 23, 2024 and was recorded on January 29, 2024. The property has 2,430 square feet of built space and 1,942 square feet of…
JSAF Capital, Arthur Gabriel, and Suren Gabriel through the entity 522 4th Ave LLC paid $3.4 million to the estate of Reynald Orlando for the eight-unit residential walkup building (C1) at 520 4th Avenue in Gowanus, Brooklyn and eight-unit residential walkup building (C1) at 522 4th Avenue in Gowanus, Brooklyn. The deal closed on January 18, 2024 and was recorded on January 29, 2024. The…
Ira Saferstein paid $13.65 million to Jack Roitman for four walkup buildings in the Upper West Side with a total of 46 units at 13 to 15 West 82nd Street, 153 West 74th Street and 114 West 74th Street in four separate transactions. The purchase was financed with a $10 million loan from Flagstar Bank. In the first, Ira E. Saferstein through the entity Uws…
Walter Wilfinger through the entity Webster Park Realty LLC paid $11.5 million to Verco Properties through the entity Sempre Avanti Realty Corp. for the 87-unit residential elevator building (D7) at 530 East 234th Street in Woodlawn Heights, Bronx. The deal closed on January 5, 2024 and was recorded on January 29, 2024. The property has 113,670 square feet of built space according to a PincusCo…
The Chehebar family’s Jackson Group through the entity 803 Madison LLC paid $14.5 million to Sprayregen Real Estate Advisors through the entity 803 Madison Avenue, LLC for the mixed-use building (K4) at 803 Madison Avenue in Lenox Hill, Manhattan. The deal closed on January 16, 2024 and was recorded on January 29, 2024. The property has 7,443 square feet of built space and 14,318 square…
An affiliate of the Klein Group through the entity New Pine Investors LLC acquired an interest from its partner Alto Real Estate Funds through the entity Alto Fund 1 LLC valued at $16.1M for full control of four retail condominium units at 20 Pine Street in Financial District, Manhattan. The deal closed on December 11, 2023 and was recorded on January 29, 2024. The four…
Yechiel Newhouse through the entity Noble Tower, LLC paid $26 million to Related Companies through the entity NYSandy6 Noble LLC for the 238-unit residential elevator building (D1) at 1500 Noble Avenue in Parkchester, Bronx. The deal closed on January 18, 2024 and was recorded on January 29, 2024. The property has 265,625 square feet of built space and 43,226 square feet of additional air rights…
Kodansha USA through the entity Kodansha USA Building, LLC paid $27 million to the Foundation for a Just Society through the entity Hannah Charitable LLC for the office building (O2) at 25 East 22nd Street in Flatiron District, Manhattan. The deal closed on January 25, 2024 and was recorded on January 29, 2024. The property has 16,894 square feet of built space and 16,032 square…
The timeshare company Holiday Inn Club Vacations through the entity 501 Lexington Development Company, LLC paid $30.3 million to Timeshare Acquisitions through the entity Timeshare Acquisitions At Lexington, LLC for approximately 28 percent of the hotel building (H3) at 501 Lexington Avenue in Midtown East, Manhattan. The deal closed on January 24, 2024 and was recorded on January 29, 2024. The property has 92,501 square…
The real estate investment group AmTrust RE has a tentative agreement to purchase Thor Equities’ retail cooperative unit at the base of the mixed-use building the Carlton House at 680 Madison Avenue in Lenox Hill, Manhattan. The sale price was not known, and several sources said the deal could still fall through. Thor Equities bought the retail for $277 million in 2013 from Extell Development…
The trustee for a securitized loan with an original principal of $55 million filed a pre-foreclosure action seeking the sale of a 150,000-square-foot dormitory condominium unit at 2 Washington Street in the Financial District of Manhattan. Alliance University, the new identity for a 140-year-old institutional formerly known as Nyack College, after losing its accreditation, closed in August 2023, according to news reports. Since July 2023,…
Michael Shapiro through the entity 2518 Ocean Ave Tower LLC as borrower signed a new construction loan with lender S3 Capital through the entity S3 Re Funding II LLC valued at $11.5 million for two properties with two residential units including the development building (V1) at 2518 Ocean Avenue in Sheepshead Bay, Brooklyn. On these lots, there is one active new building construction project for…
Gilad Tamir and Raymond Michael Gallagher through the entity Galcon Developments LLC as borrower signed a refi loan with lender Trevian Capital through the entity TC Cf I LLC valued at $13.2 million for a new 25-unit building at 540 Graham Avenue in Greenpoint, Brooklyn. There is a new building project for a 25-unit, 18,042 square-foot R-2 building submitted by Gilad Tamir with plans filed…
Adellco’s president through the entity 114 East 25th Ventures, LLC as borrower signed a rehab construction loan with lender Arbor Realty Trust through the entity Arbor Realty SR, Inc. valued at $30.5 million for the office building (O6) at 114 East 25th Street in Flatiron District, Manhattan. Although Matthew Adell of Adellco signed for the loan, it was not clear who the beneficial owner of…
