Sabet Group through the entity 208 E 7 Street LLC paid $8.6 million to Birchwood Properties through the entity 208-10 East 7th LLC for the 28-unit residential walkup building (C7) at 208 East 7th Street in the East Village, Manhattan. The expected use is cash flowing. The deal closed on March 9, 2026 and was recorded on March 12, 2026. The property has 19,418 square…
UPDATED 8:18 p.m., March 13, 2026: Acram Group through the entity Bleecker Owner LLC paid $21.2 million through a real estate owned process to bondholders of the Benchmark Capital Advisors-affiliated trust, Benchmark 2018-B1, serviced by LNR Partners, through the entity Bmark 2018-B1 Bleecker Street, LLC for the retail condo at 156-168 Bleecker Street in Greenwich Village, Manhattan. The expected use is cash flowing. The deal…
Tsilo Group through the entity Bq 29, LLC as borrower signed a refi loan with lender Dwight Capital through the entity Dwight Capital LLC valued at $54 million for the 92-unit building properties including the property at 31-90 29th Street in Astoria, Queens. On the tax block, there was a 92-unit, 87,439 square-foot residential (R-2) building plan, Q00638678, submitted by George Tsilogiannis with plans filed…
Sanjaya Mallick through the entity 2471 Davidson Avenue LLC paid $2.2 million to Edgar Casablanca through the entity Davidson Realty 2471, LLC for the 31-unit residential walkup building (C1) at 2471 Davidson Avenue in Fordham Manor, Bronx. The expected use is cash flowing. The deal closed on February 27, 2026 and was recorded on March 10, 2026. The property has 27,310 square feet of built…
Pedro Alvarez and Ledwin Oviedo through the entity 100-120 E Mt Eden Ave Bldg, LLC as borrower signed an acquisition loan with lender Reign Funding through the entity Reign Mt Eden LLC valued at $3.4 million for two properties with two residential units including the specialty building (I5) at 1574 Walton Avenue in Mt Eden, Bronx and two-unit mixed-use building (S2) at 1691 Jerome Avenue…
Emerald Creek Capital through the entity ECC Underhill LLC sold in a real estate owned transaction for $3 million to the entity 115 Underhill LLC, the three-unit mixed-use building (S3) at 115 Underhill Avenue in Prospect Heights, Brooklyn. A PincusCo analysis of property records determined that Eden Ashourzadeh and or Alon Ashourzadeh, was the buyer. An email seeking confirmation was not immediately returned. The expected…
Emmanuel Sakatis through the entity Grexicans LLC paid $2 million to Louis Plevritis through the entity Sophia Realty Management LLC for the three-unit mixed-use building (S9) at 18-23 Astoria Blvd in Astoria, Queens. The expected use is cash flowing. The deal closed on February 25, 2026 and was recorded on March 11, 2026. The property has 9,076 square feet of built space according to a…
360 East 72nd Street cooperative through the entity 360 East 72nd Street Owners Incorporated as borrower signed a refi loan with lender Bank of America valued at $42 million for the 460-unit residential elevator building (D4) at 360 East 72nd Street, also known as 1325 First Avenue, in Lenox Hill, Manhattan. The deal closed on March 2, 2026 and was recorded on March 11, 2026….
UPDATED, 2:35 p.m., March 12, 2026: iCross Capital through the entity Elite 104 LLC refinanced United Construction & Development Group’s new construction project Urban 21 that has 71 residential units and one commercial unit at 11-58 46th Road in Long Island City, Queens, with a $28.75 million loan. This replaces a loan of the same amount provided by Valley National Bank. On this lot, there…
Extell Development through the entity Clinton PB Holdings I LLC took title to seven parcels that make up a development site, and at the same time as borrower signed an acquisition loan with lender Centennial Bank valued at $57.7 million for the seven properties including the mixed-use building (K4) at 616 West 46th Street in Hell’s Kitchen, Manhattan, industrial building (G9) at 604 West 46th…
Dalan Real Estate, the note holder, through the entity 175 Franklin Holder LLC acquired control from Bahram Benaresh through the entity Dc Franklin Lender LLC valued at $19.6M for five-unit mixed-use building (S5) at 175 Franklin Street in Tribeca, Manhattan. The deal closed on December 3, 2025 and was recorded on March 11, 2026. The property has 12,300 square feet of built space and 875…
John Liu through the entity Catherine Capital LLC paid $3.1 million to Amy Chin Fong Lee and Tanya Lee through the entity Liao Jie LLC for the 16-unit residential walkup building (C7) at 1980 65th Street in Bensonhurst, Brooklyn. The expected use is cash flowing. The deal closed on February 25, 2026 and was recorded on March 11, 2026. The property has 18,001 square feet…
Hardik Patel and Chicago area fuel distribution entrepreneur George Nediyakalayil through the entity RET 38 LLC paid $26.6 million to RiverBrook Equities through the entity 38th Ave Hospitality LLC for the hotel building (H3) at 9-02 38th Avenue in Long Island City, Queens. The expected use is cash flowing. The deal closed on December 18, 2025 and was recorded on March 11, 2026. The property…
RiverSpring Living through the entity River’s Edge as borrower signed a loan with lender Build NYC Resource Corporation valued at $632.9 million for three specialty properties including the specialty building (I6) at 5921 Palisade Avenue in North Riverdale, Bronx, specialty building (I6) at 5931 Palisade Avenue in North Riverdale, Bronx, and specialty building (M9) at 5801 Palisade Avenue in North Riverdale, Bronx. On these lots,…
Holliswood Development through the entity Holliswood 93, LLC paid $4.3 million to Omega Healthcare Investors through the entity OHI Asset (Ny) 93rd Street, LLC for the 46-unit residential walkup building (C7) at 303 East 93rd Street in Yorkville, Manhattan. The expected use is cash flowing. The deal closed on February 27, 2026 and was recorded on March 9, 2026. The property has 14,644 square feet…
Meridian Properties through the entity M&M Crown Realty 114 LLC as borrower signed a refi loan with lender Berkadia Commercial Mortgage valued at $36.8 million for four residential elevator properties with 322 residential units including the 122-unit residential elevator building (D7) at 621 Lefferts Avenue in East Flatbush, Brooklyn, 83-unit residential elevator building (D7) at 715 St Marks Avenue in Crown Heights, Brooklyn, and 65-unit…
Joel Schwartz through the entity 680 Lorimer Usa LLC as borrower signed a new construction loan with lender S3 Capital through the entity S3 Re Perpetual Yield Funding LLC valued at $17.4 million for a 25-unit development project at 680 Lorimer Street in Williamsburg, Brooklyn. On these lots, there is one active new building construction project, 321588091, for a 25-unit, 25,743 square-foot residential (R-2) building….
Cohabs through the entity 108 Troutman Street LLC as borrower signed an acquisition loan with lender Axos Bank valued at $40 million for three properties with 13 residential units including the four-unit building (C3) at 108 Troutman Street in Bushwick, Brooklyn, four-unit building (C3) at 1516 Greene Avenue in Bushwick, Brooklyn, and five-unit residential walkup building (C2) at 723 Metropolitan Avenue in Williamsburg, Brooklyn. The…
Closer Group, the family office for a founder of the large Chinese developer SOHO China, through the entity CP 79th Street LLC paid $13.2 million to Philip Arcara through the entity 1133 Lexington Ave. Realty Corp. for the two-unit mixed-use building (S9) at 1133 Lexington Avenue in Lenox Hill, Manhattan. The expected use is ground up development. The deal closed on March 6, 2026 and…
The L+M Development Partners’ affiliate LMXD through the entity Inoq E2 Acquisition LLC paid $6.5 million to Joseph Klyde through the entity Alfess Realty, L.L.C. for the industrial building (E1) at 35-10 43rd Street in Astoria, Queens and retail building (K1) at 35-18 43rd Street in Astoria, Queens. The expected use is ground up development. PincusCo reported on the transaction after one of the parties…
