Transfers

Piermont Properties through the entity 188-11 Hillside Partners LLC as borrower signed a refi loan with lender entity Davis Hillside LLC valued at $29.2 million for the development at 188-11 Hillside Avenue in Holliswood, Queens. On the lot, there is one active new building construction project for a 93-unit, 72,308 square-foot R-2 building. The project was submitted by Piermont Properties and filed by Michael Grey…

Rockledge through the entity Rockledge 401 Edgecombe LLC paid $11.3 million to Peter Takiff and partners through the entity 401 Edgecombe Partners LLC for the 66-unit residential walkup building (C1) at 401 Edgecombe Avenue in Harlem, Manhattan. The deal closed on May 18, 2023 and was recorded on May 30, 2023. The property has 53,815 square feet of built space and 36,450 square feet of…

Board at Continuum’s NoMad condo alleges $9M in construction problems: The board of the Continuum Company-developed condominium at 45 East 22nd Street alleges construction issues. According to the complaint, “The Offering Plan promised purchasers a building that would be designed and constructed in compliance with all applicable laws and the terms of the plan, and that would be safe to live in. Instead, the unit…

Yosi Cohen paid $6.4 million to Albert J. Limata for two adjacent residential walkup buildings at 132-134 East 64th Street in Lenox Hill, Manhattan, in two transactions. In the first, Yosi Cohen through the entity South Second Street Ventures LLC paid $3.2 million to Albert J. Limata through the entity Albert J. Limata, LLC for the eight-unit residential walkup building (C5) at 134 East 64th…

Meridian Properties through the entity Epsilon Maple 1G LLC paid $4.3 million to Barberry Rose Management Company through the entity BSF 288-295 Maple Holding LLC for the 36-unit residential elevator building (D1) at 288 Maple Street in Prospect Lefferts Gardens, Brooklyn. The deal closed on May 12, 2023 and was recorded on May 26, 2023. The property has 30,960 square feet of built space according…

Arie Bar Chaim through the entity 68 Eldert St LLC as borrower signed a refi loan with lender White Oak Financial through the entity White Oak Assets LLC valued at $5.8 million for the 10-unit condominium project at 68 Eldert Street in Bushwick, Brooklyn. The deal closed on March 8, 2023 and was recorded on May 25, 2023. The prior lender was Quanta Finance which…

Kings Capital through the entity 176 Atlantic LLC paid $4.2 million to the Ayoub family for the three-unit mixed-use building (S9) at 176 Atlantic Avenue in Cobble Hill, Brooklyn. The deal closed on May 18, 2023 and was recorded on May 25, 2023. The property has 5,280 square feet of built space according to a PincusCo analysis of city data. The sale price per built…