Charney Companies through the entity 10-27 Jackson Property LLC as borrower signed a refi loan with lender Arbor Realty Trust through the entity Arbor Private Investment LLC valued at $30 million for the 50-unit residential elevator building (D6) at 10-27 50th Avenue in Long Island City, Queens. The deal closed on March 31, 2023 and was recorded on April 7, 2023. The prior lender was…
Kelly Wu Zheng paid $3.55 million to the estate of Yvonne Papacostopoulos and Steve Papacostas for two mixed-use buildings in Bay Ridge, Brooklyn in two transactions. In the first, Kelly Wu Zheng through the entity 7913 Inc. paid $1.55 million to the estate of Yvonne Papacostopoulos and Steve Papacostas through for the two-unit mixed-use building (S2) at 7913 5th Avenue in Bay Ridge, Brooklyn. The…
Contractor Gino Fazio of Fazio Construction through the entity Bronte North LLC paid $2.3 million to James G. Megiel and Janice Megiel Leventhal through the entity Megiel Realty Company for the two, two-unit mixed-use buildings (S2) at 64-18 and 64-22 Flushing Avenue in Maspeth, Queens. The deal closed on March 28, 2023 and was recorded on April 7, 2023. The two properties have 9,069 square…
Carlyle Group through the entity Townhouse Rental II, L.L.C. paid $2.5 million to Menachem Wilhelm through the entity 30 Lefferts LLC for the two-family building (B9) at 30 Lefferts Avenue in Prospect Lefferts Gardens, Brooklyn. The deal closed on April 5, 2023 and was recorded on April 7, 2023. The property has 3,108 square feet of built space and 213 square feet of additional air…
Manouchehr Malekan paid $5.5 million to Charles Ingber for three properties in Queens in two separate transactions. In the first, Manouchehr Malekan through the entity 97th Street Commons LLC paid $3 million to Charles Ingber through the entity Ansvet Holding Co. for the 15-unit residential walkup building (C1) at 40-37 97th Street in Corona, Queens and four-unit mixed-use building (S4) at 40-25 97th Street in…
Breaking Ground through the entity BG Sutphin Housing Development Fund Corporation paid $5.98 million to Community Healthcare Network through the entity Community Healthcare Network, Inc. for the development site at 97-04 Sutphin Boulevard in Jamaica, Queens. The deal closed on March 30, 2023 and was recorded on April 7, 2023. The signatory for Community Healthcare Network was Robert M. Hayes. The signatory for Breaking Ground…
Eugene Mendlowitz through the entity 42 West 18th St. Realty Corp. as borrower signed an initial loan with lender Brick Bush Capital valued at $7 million for the vacant parking lot at 41 West 17th Street in Flatiron District, Manhattan. The deal closed on April 4, 2023 and was recorded on April 6, 2023. The property has zero square feet of built space and 68,990…
Neil Simon through the entity Shs Maspeth, LLC as borrower signed a refi loan with lender Prudential Financial through the entity Prudential Realty Securities, Inc. valued at $16 million for the industrial building (E7) at 74-04 Grand Avenue in Maspeth, Queens. The deal closed on April 4, 2023 and was recorded on April 6, 2023. The prior lender was Prudential Financial which held debt that…
The Leser Group through the entity 1440 Story, LLC as borrower signed a refi loan with lender Tel Aviv Stock Exchange bondholders through the entity Mishmeret Trust Company as trustee valued at $90.3 million for four properties including the specialty building (W9) at 1440 Story Avenue in Soundview, Bronx, hotel building (H8) at 411 Van Brunt Street in Red Hook, Brooklyn, and specialty building (Z9)…
RBM Holdings through the entity 9831 Metropolitan LLC paid $1.8 million to Roberto Chiappelloni through the entity 98-31 Realty LLC for the retail building (K1) at 98-31 Metropolitan Avenue in Forest Hills, Queens. The deal closed on March 15, 2023 and was recorded on April 6, 2023. The property has 2,250 square feet of built space according to a PincusCo analysis of city data. The…
Michael Siderakis through the entity 30-26 43 Street LLC paid $2.2 million to Anna Chlebak through the entity Oamb Corp. for the 10-unit residential walkup building (C1) at 30-26 43rd Street in Astoria, Queens. The deal closed on March 30, 2023 and was recorded on April 6, 2023. The property has 5,019 square feet of built space according to a PincusCo analysis of city data….
Pericles Notias through the entity Karda Mila LLC paid $3 million to Vaia Bekas estate for the two-unit mixed-use building (K4) at 25-38 31st Street in Astoria, Queens and two-unit industrial building (F9) at 25-36 31st Street in Astoria, Queens. The deal closed on March 31, 2023 and was recorded on April 6, 2023. The two properties have 5,500 square feet of built space and…
Charlie Attias through the entity 222 East 61 LLC paid $5.5 million to Edoardo Perazzi for the two-unit building (B3) at 222 East 61st Street in Lenox Hill, Manhattan. The deal closed on April 4, 2023 and was recorded on April 6, 2023. The property has 4,200 square feet of built space and 3,833 square feet of additional air rights for a total buildable of…
The Republic of Serbia paid $15 million to New York New Church and New Church Signified by the New Jerusalem in the City of New York through the entity New York New Church for the specialty building (M1) at 124 East 35th Street in Grand Central, Manhattan. PincusCo reported on the contract last year. The deal closed on April 3, 2023 and was recorded on…
Northwell Health through the entity Lenox Hill Hospital paid $247.6 million to University Financing Foundation through the entity 3rd Avenue Blockfront LLC for the mixed-use building (K2) at 1329-1347 Third Avenue in Lenox Hill, Manhattan. On the lot, there is one active new building construction project for a 207,131 square-foot office (B) building. The project was submitted by Vic Clements with plans filed October 3,…
Liberty One Group through the signatory Jojo Rabinowitz signed a contract as buyer to pay the nonprofit August Aichhorn Center for Adolescent Residential Care $14 million for the adjacent properties 23 West 106th Street and 142 Manhattan Avenue in the Upper West Side of Manhattan. The buyer Liberty One Group develops properties including homeless shelters. The nonprofit August Aichhorn Center since 1991 operated a 32-bed…
Leonid Bogomolniy obtained an $11 million construction loan from S3 Capital for a 21-unit development project in Kew Gardens, Queens. Leonid Bogomolniy of 132-47 Metro Llc submitted a new building construction project for a 21-unit, 19,799 square-foot residential (R-2) building at 132-47 Metropolitan Avenue in Kew Gardens, Queens. The plan was filed with the New York City Department of Buildings on July 7, 2020 under…
Candor Capital through the entity 80 Linden Blvd LLC as borrower signed a new construction loan with lender S3 Capital through the entity S3 Re Funding Iii LLC valued at $16.1 million for the specialty building (I5) at 80 Linden Boulevard in Flatbush, Brooklyn. On the lot, there is one active new building construction project for a 29-unit, 18,827 square-foot R-2 building. The project was…
Victor Peng and Yi Hua Chen through the entity 133-16 35 Ave LLC as borrower signed an acquisition loan with lender Deutsche Bank valued at $30.5 million for seven industrial properties including the industrial building (G2) at 133-16 35th Avenue in Flushing, Queens, industrial building (E9) at 134-01 Northern Boulevard in Flushing, Queens, and industrial building (E9) at 34-69 Collins Place in Flushing, Queens. The…
UPDATED 6:40 a.m., April 9, 2023: Checo Acquisitions through the entity Checo 184 7th Ave LLC paid $5.6 million to Berry Lu Birnant through the entity East Realty Co. for the 12-unit residential walkup building (C7) at 184 7th Avenue in Chelsea, Manhattan. The deal closed on March 30, 2023 and was recorded on April 5, 2023. The property has 7,488 square feet of built…
