Transfers

CACHED

Summit Properties pays $5.7M for 84-unit walkup in Washington Heights, former Pinnacle building

Summit Properties through the entity Flgsp 281/295 Wadsworth Ave LLC paid $5.7 million for the 84-unit residential walkup building (C1) at 281/295 Wadsworth Avenue in Washington Heights, Manhattan. The expected use is cash flowing. The former owner to Pinnacle Group through the entity 281/295 Wadsworth Associates, LLC, lost the property in a bankruptcy. The deal closed on March 31, 2026 and was recorded on April…

Artifact pays $17.8M to Soft Stone, Eisner Bros. for LES dev site

Artifact through the entity Artifact No. 75 LLC paid $17.8 million to Soft Stone Development and Eisner Bros. through the entity 75 Essex Equity LLC for the mixed-use building (K4) at 75 Essex Street in Lower East Side, Manhattan. The expected use is redevelopment. The deal closed on March 26, 2026 and was recorded on April 8, 2026. The property has 12,876 square feet of…

Thor Equities pays $6.6M for SoHo retail it bought in 2008 for $12M

Joseph Sitt-led Thor Equities through the entity Thor 440 Broadway LLC paid $6.6 million through a real estate owned purchase to bondholders of the Midland Loan Services managed trust called Series 2013-C7, for the retail building (K2) at 440 Broadway in SoHo, Manhattan. The expected use is cash flowing. Thor Equities bought this property in January 2008 for $12 million, then during the middle of…

32BJ pays $22.1M to RXR for ground floor condo in Flatiron District

32BJ SEIU through the entity Building Service 32BJ Health Fund paid $22.1 million to RXR Realty through the entity RXR 620 Master Lessee LLC for the commercial condominium “dental center unit” at 620 Avenue of the Americas in the Flatiron District, Manhattan. The expected use is owner-occupied. The deal closed on March 31, 2026 and was recorded on April 8, 2026. The property has 18,975…

Bando Construction pays $33.5M to Sugar Hill for 4 UWS walkups

Bando Construction through the entity Bando Geny 4 LLC paid $33.5 million to Sugar Hill Capital Partners through the entity 471-476 Central Park West Property Owner, LLC for the 94-unit residential walkup building (C5) at 475 Central Park West, the 37-unit residential walkup building (C5) at 471 Central Park West, and the 15-unit residential walkup building (C4) at 472 Central Park West in Upper West…

Ben-Josef Group Holdings pays $38M to Witnick for 43-unit rental in Williamsburg

Ben-Josef Group Holdings through the entity 525 Union Development LLC paid $38 million to Witnick Real Estate Partners through the entity 525-535 Union Partners LLC for the 43-unit rental building (C1) at 525 Union Avenue in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on March 31, 2026 and was recorded on April 8, 2026. The property has 64,650 square feet of…

Pivot Real Estate Partners pays $3.4M to EJS Group for retail in Lenox Hill

Pivot Real Estate Partners through the entity Pivot 1305 Third Avenue LLC paid $3.4 million to EJS Group through the entity Ejs 1303 Third, LLC for the retail condominium unit at 200 East 75th Street in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on March 31, 2026 and was recorded on April 7, 2026. The property has 1,242 square feet…

Summit Properties pays $4.1M for 59-unit Inwood walkup Pinnacle lost in bankruptcy

Summit Properties through the entity Flgsp 34-44 Seaman Ave LLC paid $4.1 million through a bankruptcy to 34 Seaman Associates, LLC for the 59-unit residential walkup building (C1) at 34-44 Seaman Avenue in Inwood, Manhattan. The expected use is cash flowing. This is part of the large Pinnacle Group 5,100-unit portfolio bankruptcy, 25-11050-dsj. The deal closed on March 31, 2026 and was recorded on April…

Home care agency pays $6.5M for retail in Washington Heights

The home care agency Friends & Family Home Care Services through the entity 512 West 181 Street LLC paid $6.5 million to Salvatore DiCarlo through the entity Heights Of Main Street, Inc for the retail building (K4) at 512 West 181st Street in Washington Heights, Manhattan. The expected use is owner-occupied. The buyer already occupies the location, according to its website. The deal closed on…

Church pays $14.9M to furniture company for three office condos in Chelsea

The Community Church of New York Unitarian Universalist through the entity CCNY-UU, LLC paid $14.9 million to L. & J.G. Stickley through the entity L. & J.G. Stickley, Incorporated for three office condominium units at 217 West 25th Street in Chelsea, Manhattan. The expected use is owner-occupied. The deal closed on March 24, 2026 and was recorded on April 7, 2026. The three properties have…

Yitzchok Schwartz pays $35.5M for dev site in Bedford Stuyvesant

Yitzchok Schwartz through the entity Myrtle Estates II LLC paid $35.5 million to Joseph Elishayev through the entity 1111 Myrtle Avenue Group LLC for the development site at (K1) at 1101-1123 Myrtle Avenue in Bedford Stuyvesant, Brooklyn. The expected use is ground up development. On these lots, there is one active new building construction project, B01348174, for a 77-unit, 119,949 square-foot residential (R-2) building. The…

Gindi Capital pays $70M to PIMCO for office, retail in Downtown Brooklyn

Gindi Capital paid $70 million to PIMCO for office and retail in Downtown Brooklyn in three transactions. In the first two transactions, Gindi Capital through the entity GC Fulton Owner LLC paid $40 million to PIMCO through the entity 490 Lower Unit Lp for the  fee controlling the office building (O5) at 25 Elm Place in Downtown Brooklyn, Brooklyn. In the second transaction, Gindi Capital…

RJ Capital, Top Rock, in revised contract to buy Forest Hill Jewish Center for $39M

RJ Capital Holdings and Top Rock Holdings, through the entity 106QB Development LLC, are in contract to pay $39 million to the Forest Hills Jewish Center for its property at 106-06 Queens Boulevard, Forest Hills, Queens, a document dated April 6, 2026, memorializing the New York State Attorney General approval of the transaction shows. The sale has been in the works for at least four…

Global Asset Properties pays $10.1M for retail in Midtown South

Global Asset Properties through the entity 172 Madison Enterprises LLC paid $10.1 million through a bankruptcy for two retail condos at 172 Madison Avenue in Midtown South, Manhattan. The expected use is cash flowing. The former owner was Tessler Developments which turned over the properties in the bankruptcy. The deal closed on March 10, 2026 and was recorded on March 18, 2026. The two properties…

David Murdakhayev pays $3.5M to Montperia Group for retail in Jamaica Estates

David Murdakhayev through the entity 180 Ut LLC paid $3.5 million to Montperia Group through the entity Turnpike 88 Corp. for the retail building (K1) at 180-32 Union Turnpike in Jamaica Estates, Queens. The expected use is cash flowing. The deal closed on March 30, 2026 and was recorded on April 6, 2026. The property has 4,400 square feet of built space and 89 square…

Iyad Hamsho pays $5M to Stabile Brothers for mixed-use in Little Italy

Iyad Hamsho through the entity 190 Grand LLC paid $5 million to Stabile Brothers through the entity Jerome G. Stabile, III Realty, L.L.C. for the mixed-use building (S1) at 190 Grand Street in Little Italy, Manhattan. The expected use is cash flowing. The deal closed on March 31, 2026 and was recorded on April 6, 2026. The property has 4,290 square feet of built space…

Mohammed Mujalli pays $5.8M for mixed-use in Flatbush

Mohammed Mujalli through the entity 1701 LLC paid $5.8 million to Marvin Saka through the entity 1701 Corp for the mixed-use building (K4) at 1705 Church Avenue in Flatbush, Brooklyn, mixed-use building (K4) at 1703 Church Avenue in Flatbush, Brooklyn, and mixed-use building (K4) at 1701 Church Avenue in Flatbush, Brooklyn. The expected use is cash flowing. The deal closed on March 25, 2026 and…

Xioadong Hu, Meng Hu pay $6.1M for industrial in East New York

Xioadong Hu and Meng Hu through the entity Brother 595 LLC paid $6.1 million to Kandarp Mehta through the entity Shivam Estates, LLC for the industrial building (F5) at 595 Berriman Street in East New York, Brooklyn. The expected use is cash flowing. The deal closed on March 20, 2026 and was recorded on April 6, 2026. The property has 16,500 square feet of built…

Parkview Properties pays $13.1M for 24-unit rental in Bushwick

Parkview Properties through the entity Starr 73 LLC paid $13.1 million to Lazar Waldman through the entity 73 Starr LLC for the 24-unit residential elevator building (D1) at 73 Starr Street in Bushwick, Brooklyn. The expected use is cash flowing. The deal closed on March 31, 2026 and was recorded on April 6, 2026. The property has 23,179 square feet of built space according to…

Aurora Capital, AVRS pay $54M for office, retail in Midtown East in previously reported deal

Aurora Capital Associates and AVRS Partners through the entity 597 Fifth Owner LLC paid $54 million through a real estate owned to Comm 2014-UBS4 and LNR Partners through the entity Comm 2014-Ubs4 Fifth Avenue, LLC for the Charles Scribner’s Sons office and retail building (O6) at 597-599 Fifth Avenue in Midtown East, Manhattan. The expected use is cash flowing. The deal closed on March 25,…