Alan Mishali through the entity 110 So Street LLC paid $1.3 million to Albert Sarnelli through the entity A & C South Street Realty, LLC for the mixed-use building (K4) at 110 South Street in Financial District, Manhattan. The deal closed on November 17, 2023 and was recorded on November 29, 2023. The property has 2,535 square feet of built space and 5,105 square feet…
Jung Ho Park through the entity Alea Partners NY LLC paid $5 million to So Young Shin through the entity Le Rouge Graine LLC for the hotel building (H9) at 297 Seventh Avenue in Chelsea, Manhattan. The deal closed on November 22, 2023 and was recorded on November 29, 2023. The property has 4,800 square feet of built space and 18,595 square feet of additional…
Ankit Mehta through the entity Broadwood Realty LLC paid $6.5 million to Estate of Fazlur Khan through the entity 30-44 32nd Street LLC for the retail building (K1) at 63-12 Broadway in Woodside, Queens. The deal closed on November 17, 2023 and was recorded on November 29, 2023. The property has 7,750 square feet of built space and 6,095 square feet of additional air rights…
Alloy Development through the entity 240 Nassau Street Owner, LLC paid $15 million to Madison Square Boys & Girls Club through the entity Madison Square Boys & Girls Club, Inc. for the specialty building (P5) at 240 Nassau Street in the Navy Yard in Downtown Brooklyn, Brooklyn. The deal closed on November 16, 2023 and was recorded on November 29, 2023. The property has 24,180…
Simon Mirzokandov through the entity National Mini Mall, LLC paid $16.1 million to Pyotr Yadgarov through the entity Brighton Tema LLC for the retail building (K2) at 273 Brighton Beach Avenue in Brighton Beach, Brooklyn. The deal closed on November 8, 2023 and was recorded on November 29, 2023. The property has 19,686 square feet of built space and 4,599 square feet of additional air…
Extra Space Storage Inc. acquired a $56.2 million stake from Life Storage equating to a 72 percent interest in the storage building (E7) at 29-01 Review Avenue in Long Island City, Queens. The deal closed on July 20, 2023 and was recorded on November 29, 2023. The property has 143,700 square feet of built space for a total buildable of 143,745 square feet according to…
Dime Community Bank filed a $7.1 million pre-foreclosure action at the 11,700-square-foot office building at 1128 36th Street in Borough Park, Brooklyn that Yoel Goldman’s All Year Management developed. The complaint names All Year Holdings as well as Yoel Goldman. LINK 534868/2023 In September 2020, Dime Community Bank provided Yoel Goldman of All Year Mangement a $7.1 million loan which refinanced a series of smaller…
Steven Westreich through the entity YSLW Sedgwick LLC as borrower signed a refi loan with lender Lima One Capital through the entity Lima One Capital LLC valued at $7 million for the 23-unit new construction building at 2835 Sedgwick Avenue in Kingsbridge Heights, Bronx. On the lot, there is a major alteration project for a 23-unit, 11,639 square-foot R-2 building submitted by Yaakov Lefkowitz with…
Platinum Realty Associates through the entity 486 Brook Ave LLC paid $2.4 million to Yu Hua Wu through the entity 7468 General Inc. for the retail building (K1) at 481-489 Brook Avenue in Mott Haven, Bronx. The deal closed on November 14, 2023 and was recorded on November 28, 2023. The property has 6,727 square feet of built space and 9,619 square feet of additional…
Sara Lichtman and Yossel Lichtman through the entity 75 Calyer Realty LLC paid $3 million for the two-unit building (B9) at 75 Calyer Street in Greenpoint, Brooklyn. The deal closed on November 20, 2023 and was recorded on November 28, 2023. The property has 4,762 square feet of built space and 122 square feet of additional air rights for a total buildable of 4,884 square…
The South Bronx Charter School For International Cultures and the Arts paid $9.8 million to Konstantine Drakoupoulos through the entity 2510 Park Avenue Realty LLC for the development site at 2510 Park Avenue in Mott Haven, Bronx. On the lot, there is one active new building construction project for a 76,486 square-foot school (E) building. The project was submitted by South Bronx Charter School For…
Japanese investment firm Sowa Kousan Inc. paid $16.5 million to Peak Capital Advisors through the entity 96 Sterling LLC for the 25-unit residential walkup building (C1) at 96 Sterling Place in Park Slope, Brooklyn. This is the first Peak Capital Advisors sale in at least the past two years, according to PincusCo data. The deal closed on November 17, 2023 and was recorded on November…
Isaac Hager through the entity 1000 Dean St Owner LLC paid $32.5 million to Meadow Partners and LIVWRK through the entity 1000 Dean Owner LLC for the office condominium unit at 1000 Dean Street in Crown Heights, Brooklyn. The property is divided into three condo units, the largest is the office unit which just sold. Two smaller retail units sold in 2021 for $6 million…
Barberry Rose Management Company sold three adjacent four-story walkups including 1193, 1199 and 1205 Eastern Parkway in Crown Heights, Brooklyn, with total of 49 units for $5 million to Gilman Management. The three buildings have a total of 53,908 square feet and were built in 1912. According to a representative for the broker, the properties sold for a cap rate of 9%, at a price…
Flatiron Equities through the entity 152 W 36 Owner LLC signed a contract as purchaser with Falcon Properties through the entity Hadji Baba Properties Corp. as seller to buy the office building (O6) at 152 West 36th Street in Garment District, Manhattan. The sale price was not disclosed. In 2015, Signature Bank provided a $10 million loan secured by the property. The memorandum of contract…
JSAF Capital through the entity 526-528 4th Ave, LLC paid $3.8 million to Cirtian Bruce through the entity Phizer & Plitzer 181 Realty Inc. for the seven-unit residential walkup building (C7) at 526 4th Avenue in Gowanus, Brooklyn. The deal closed on November 17, 2023 and was recorded on November 27, 2023. The property has 8,456 square feet of built space and 7,103 square feet…
Vadem Brodsky through the entity Remsen Ventures LLC paid $7.7 million to the entity estate of Eugenia E. Fasano for the two-unit mixed-use building (S2) at 35 Remsen Street in Brooklyn Heights, Brooklyn. The deal closed on November 14, 2023 and was recorded on November 27, 2023. The property has 8,330 square feet of built space according to a PincusCo analysis of city data. The…
Two80 Real Estate Ventures through the entity 75-89 Wadsworth Terrace LLC paid $9.3 million to Lemle & Wolff through the entity 75-89 Associates for the 83-unit residential walkup building (C1) at 75 Wadsworth Terrace in Washington Heights, Manhattan. The deal closed on November 17, 2023 and was recorded on November 27, 2023. The property has 63,935 square feet of built space according to a PincusCo…
Mark Reisman through the entity Parkview Mansion Properties LLC paid $12.6 million to Alex Edelman through the entity Bronx East Realty LLC for the assisted living building (I7) at 3200 Bronx Boulevard in Olinville, Bronx. The deal closed on November 17, 2023 and was recorded on November 27, 2023. The property has 37,250 square feet of built space according to a PincusCo analysis of city…
German lender Aareal Capital and California-based PCCP filed a $149.3 million pre-foreclosure action at Stephen Meringoff and Jay Shidler’s 462 Broadway in SoHo, which is managed by an affiliate of Himmel + Meringoff Properties. The lenders allege the loan is in default and are seeking a foreclosure sale of the property. Court cases reflect the position of one party and are not necessarily accurate or…
