Transfers

Mordechai Schwimmer through the entity Astoria 21 LLC as borrower signed a refi loan with lender Bank of Princeton valued at $20.7 million for the 49-unit residential development at 27-16 21st Street in Astoria, Queens. On the lot, there is one active new building construction project for a 49-unit, 33,786 square-foot R-2 building. The project was submitted by Mordechai Schwimmer and filed by Mordechai Schwimmer…

Midtown Equities and Rockwood Capital through the entity One Broadway Owner, LLC as borrower signed a refi loan with lender Deutsche Pfandbriefbank valued at $125 million for the office building (O6) at 1 Broadway in the Financial District, Manhattan. The deal closed on October 11, 2023 and was recorded on November 20, 2023. The prior lender was Deutsche Pfandbriefbank which held debt that had an…

Shalender Anand through the entity 65th St Woodside LLC paid $1.1 million to Kou Wang Rutman through the entity New Life 21, Inc. for the six-unit residential walkup building (C2) at 39-37 65th Street in Woodside, Queens. The deal closed on November 9, 2023 and was recorded on November 20, 2023. The property has 4,110 square feet of built space according to a PincusCo analysis…

Joel Teitelbaum and Matt Katz through the entity Jackson Holdings NY LLC as borrower signed a new construction loan with lender BridgeCity Capital through the entity BCC Jackson LIC LLC valued at $25.8 million for the 82-unit project (V1) at 26-04 Jackson Avenue in Long Island City, Queens. On the lot, there is a new building project for an 82-unit, 71,667 square-foot building submitted by…

Korean financial firm Daishin Securities through the entity DS40Owner LLC as borrower signed a refi loan with a corporate affiliate, the entity Daishin F & I Co., Ltd valued at $50 million for the office building (O9) at 400 Madison Avenue in Midtown East, Manhattan. The deal closed on November 2, 2023 and was recorded on November 17, 2023. The prior lender was Daishin Securities…

Abdulla Saidi through the entity 10414-10424 Flatlands Avenue paid $2.6 million to Olga Ballas for the corner retail building (K1) at 10424 Flatlands Avenue in Canarsie, Brooklyn. The deal closed on November 13, 2023 and was recorded on November 17, 2023. The property has 6,500 square feet of built space and 15,445 square feet of additional air rights for a total buildable of 21,908 square…

Germain Motor Company through the entity Jaz Automotive Properties, LLC paid $5.7 million to Staten Island Yacht Sales through the entity Staten Island Yacht Sales, Inc. for the retail building (K1) at 230 Mansion Avenue in Staten Island, specialty building (T2) at 222 Mansion Avenue in Staten Island, and vacant land (V1) at on Tennyson Drive in Staten Island. Some of the adjacent properties directly…

New Haven-based C.A. White through the entity 17-18 Management Company L.L.C. as borrower signed a loan modification with lender M&T Bank through the entity Manufactures And Traders Trust Company valued at $57.5 million for the office building (O6) at 18 West 18th Street in Flatiron District, Manhattan. The deal closed on May 19, 2023 and was recorded on November 16, 2023. The prior lender was…

Fation Syla through the entity 589 Building Management LLC paid $7.3 million to Charles Casquarelli through the entity 589 11th Mgt. Corp. for the retail building (K4) at 589 11th Avenue in Hell’s Kitchen, Manhattan. The deal closed on November 2, 2023 and was recorded on November 16, 2023. The property has 14,993 square feet of built space according to a PincusCo analysis of city…

Lender Bethpage Federal Credit Union through the entity Business Services Group 305 2nd Ave, LLC acquired from former owner Winthrop D. Chamberlin through the entity 305 Commercial LLC 20 office condominium units at 305 Second Avenue in Gramercy, Manhattan. The transfer was valued at $9.5 million. The mixed-use building has both residential condos and commercial condos, many with professional and doctor occupants. The deal closed…

Friedland Properties through the entity LF 788 Riverside LLC paid $10.2 million to heirs of Alan R. Bush through the entity Mardave Management, Inc. for the 74-unit residential elevator building (D1) at 788 Riverside Drive in Washington Heights, Manhattan. The deal closed on November 8, 2023 and was recorded on November 16, 2023. The property has 80,678 square feet of built space according to a…