Vibe Flats and affiliate JDL & Sons through the entity Marc Gramercy 240 LLC paid $12 million to Salvatore Notaro through the entity JGJ Realty Holdings, LLC for the 28-unit residential walkup building (C7) at 240 East 28th Street in Kips Bay, Manhattan. The deal closed on May 1, 2023 and was recorded on May 5, 2023. The property has 17,569 square feet of built…
Northwind Group through the entity 225 Bowery Lender LLC bought a note with an original principal of $68 million from Bank Hapoalim secured by David Paz and Omnia Group’s hotel building (H3) at 225 Bowery in Lower East Side, Manhattan. The hotel is subject to at least four major court actions, including a bankruptcy David Paz filed in January, a pre-foreclosure action Bank Hapoalim filed…
The Woodner family signed two loans with Capital One for $37.2 million for two residential elevator buildings in Flushing. In the first, Andrea Woodner through the entity Skyline Towers 6 LLC as borrower signed a refi loan with lender Capital One through the entity Capital One, National Association valued at $19.7 million for the 320-unit residential elevator building (D7) at 43-70 Kissena Boulevard in Flushing,…
The nonprofit Concern for Independent Living through the entity Concern Logan Housing Development Fund Corp. as borrower signed a new construction loan with lender JPMorgan Chase and NYS Homeless And Housing Assistance valued at $32.3 million for the 66-unit development project at 2602 Pitkin Avenue in East New York, Brooklyn. On the lot, there is one active new building construction project for a 66-unit R-2…
Carlyle Group pays $7.3 million to two separate sellers in two transactions for two small residential rental properties in Brooklyn. In the first, Carlyle Group through the entity Townhouse Rental II, L.L.C. paid $4.8 million to Greenbrook Partners through the entity 2 3 St LLC for the two-unit mixed-use building (S9) at 2 3rd Street in Carroll Gardens, Brooklyn. The deal closed on April 27,…
Kanamori America paid $4.2 million to Hildreth Real Estate Advisors through the entity 838 2nd Ave LLC for the three-unit mixed-use building (S3) at 838 Second Avenue in Turtle Bay, Manhattan. The deal closed on April 18, 2023 and was recorded on May 4, 2023. The property has 3,600 square feet of built space and 8,996 square feet of additional air rights for a total…
An affiliate of the catering firm Blue Steel Events through the entity Small Medium Large Batch LLC paid $7.3 million to Michael Sherry and Arthur Rubenstein through the entity Scholes Street Associates for the industrial building (F9) at 289 Scholes Street in East Williamsburg, Brooklyn. The deal closed on April 20, 2023 and was recorded on May 4, 2023. The property has 16,500 square feet…
The Finochio Family through the entity Bloomingdale Hillside Avenue, LLC paid $13.2 million to William Green through the entity Rw 139-29 Hillside, LLC for the retail building (K1) at 139-29 Hillside Avenue in Briarwood, Queens. The Finochio Family owns the adjacent parcel, an auto showroom, at 139-01 Hillside Avenue. The deal closed on April 27, 2023 and was recorded on May 4, 2023. The property…
The German investment firm Tatar Holding through the entity Tatar Ludlow LLC paid $30 million to Magnum Real Estate Group through the entity 165 Ludlow Owner LLC for three adjacent walkup properties 163, 165 and 167 Ludlow Street in Lower East Side, Manhattan. The properties have a total of 66 residential units, according to a listing. The deal closed on April 26, 2023 and was…
LCOR through the entity 34 Berry Street LLC as borrower signed a refi loan with lender KeyBank valued at $33.8 million for the 142-unit residential elevator building (D3) at 34 Berry Street in Williamsburg, Brooklyn. The deal closed on April 28, 2023 and was recorded on May 3, 2023. The prior lender was Northwestern Mutual Life Insurance which held debt that had an original loan…
Korman Communities through the entity Metropolitan Sutton Associates LLC as borrower signed a refi loan with lender MF1 Capital valued at $48 million for the 76-unit hotel building (HS) at 330 East 56th Street in Sutton Place, Manhattan known as the AKA Sutton Place. This property targets long-term hotel stays. The deal closed on April 25, 2023 and was recorded on May 3, 2023. The…
Weihong Hu through the entity H 317-319 LLC as borrower signed a construction loan with lender Shanghai Commercial Bank valued at $20 million for the 166-unit hotel project at 319 West 35th Street in the Garment District, Manhattan. The deal closed on April 26, 2023 and was recorded on May 3, 2023. The prior lender was Shanghai Commercial Bank. On the lot, there is a…
Pedro Diaz through the entity 7918 Realty LLC paid $2.2 million to Charles Park through the entity S K P Realty Corp for the retail building (K2) at 7918 3rd Avenue in Bay Ridge, Brooklyn. The deal closed on April 18, 2023 and was recorded on May 3, 2023. The property has 12,000 square feet of built space according to a PincusCo analysis of city…
Pasquale DeBenedictis through the entity 34th Avenue Woodside Acquisition II LLC paid $4 million to Chandra S. Goyal, Vinod Goyal, and Rajesh Goyal through the entity Goyal Realty Inc. for the industrial building (E9) at 62-10 34th Avenue in Woodside, Queens. The deal closed on April 25, 2023 and was recorded on May 3, 2023. The property has 7,380 square feet of built space according…
The Talmudical Seminary of Bobov paid $8.38 million to Sonnia Torres for three industrial properties at 3706 to 3710 15th Avenue in Borough Park, Brooklyn, in three separate transactions. In the first, the Talmudical Seminary of Bobov through the entity Tsob 5782 LLC paid $5.4 million to Sonnia Torres through the entity Falbros Realty Corp. for the industrial building (E2) at 3708 15th Avenue in…
Dawn Orlinsky through the entity West Family Property LLC paid $6.2 million to Sharon Catherine Pett for the six-unit residential walkup building (C2) at 330 West 87th Street in Upper West Side, Manhattan. The deal closed on April 28, 2023 and was recorded on May 3, 2023. The property has 5,040 square feet of built space and 7,000 square feet of additional air rights for…
The Louisiana entity Kasada, LLC by the signatory Rob Daigrepont Jr., paid $7.3 million to BHRAGS Home Care for the retail building (K1) at 2143 Flatbush Avenue in Flatlands, Brooklyn. The deal closed on April 27, 2023 and was recorded on May 3, 2023. The property has 16,617 square feet of built space according to a PincusCo analysis of city data. The sale price per…
UPDATED 11:08 a.m., May 4, 2023: Cedarbridge Management through the entity TYH Broadway LLC paid $10.4 million to Sugar Hill Capital Partners through the entity 4300 Broadway Residences, LLC for the 54-unit residential elevator building (D7) at 4300 Broadway in Washington Heights, Manhattan. Former lender Signature Bank had filed a pre-foreclosure action at the property. The deal closed on April 21, 2023 and was recorded…
The entity Dans La Metropole, LLC paid $12.5 million to Susan Sheehan through the entity 136 East 16th Street, LLC for the eight-unit residential walkup building (C1) at 136 East 16th Street in Gramercy, Manhattan. The deal closed on April 28, 2023 and was recorded on May 3, 2023. The property has 7,542 square feet of built space and 3,596 square feet of additional air…
The Metropolitan Transportation Authority paid $82 million to Extell Development through the entity 160 East 125th Owner LLC for the development parcel (V1) at 160 East 125th Street in East Harlem, Manhattan. The deal closed on April 28, 2023 and was recorded on May 3, 2023. The property has zero square feet of built space and 218,086 square feet of additional air rights for a…
