Transfers

CACHED

KPG Funds sells retail condo in Tribeca for $3.8M

UPDATED 12:08 a.m., February 16, 2026: The entity Eretz 147 Church, LLC paid $3.8 million to KPG Funds through the entity 30 Warren Retail Condo Owner LLC for the retail condo at 102 Chambers Street in Tribeca, Manhattan. The expected use is cash flowing. The deal closed on February 3, 2026 and was recorded on February 11, 2026. The property has 3,086 square feet of…

Accord Power pays $4.9M for industrial in Long Island City

Accord Power, a solar energy firm, through the entity Maxxpower LLC paid $4.9 million to Spyro Avdoulos and Evan Avdoulos through the entity Astor 2, LLC for the industrial building (E1) at 11-02 37th Avenue in Long Island City, Queens. The expeced use is owner-occupied. The property was marked as both a development site and an industrial building. The new owners have filed New York…

Leonardo Espinal pays $11M to Philip Giunta for grocery location in Ozone Park

Leonardo Espinal through the entity Ozone Dream Realty, LLC paid $11 million to Philip Giunta through the entity Chez Realty LLC for the grocery store retail building (K1) at 101-16 77th Street in Ozone Park, Queens, and two small adjacent properties. The deal closed on January 22, 2026 and was recorded on February 11, 2026. The three properties have 18,000 square feet of built space…

Namdar pays $23.5M to Maverick for retail in Meatpacking District REO sale

Namdar Realty Group through the entity Meat Pack 14 Realty LLC paid $23.5 million through a real estate owned transaction to Maverick Real Estate Partners through the entity Meatpacking Retail LLC for the retail building (O9) at 446 West 14th Street in the Meatpacking District, Manhattan. The expected use is cash flowing. The prior owner was Thor Equities. The deal closed on February 6, 2026…

Chess Builders pays $19.6M for dev site in Williamsburg

Chess Builders paid $19.6 million for a development site in Williamsburg, Brooklyn, composed of three tax lots sold in two transactions. In the larger, Chess Builders through the entity Meserole Lorimer Realty LLC paid $15.5 million to the estate of the late landlord Gregory Pasternak through the entity Browar Corp. for the industrial building (E9) at 56 Meserole Street in Williamsburg, Brooklyn. The expected use…

GDC Properties pays $24.1M to Stephen Mack for residential elevator in Gowanus

GDC Properties through the entity SG Group Owner 1 LLC paid $24.1 million to Stephen Mack through the entity SMRE Carroll Street LLC for the 30-unit residential elevator building (D1) at 335 Carroll Street in Gowanus, Brooklyn. The expected use is cash flowing. The deal closed on January 29, 2025 and was recorded on February 11, 2026. The property has 30,000 square feet of built…

Creed Equities pays $22M in REO purchase from A10 Capital for mixed-use in SoHo

Creed Equities through the entity 535 Broadway Ce LLC paid $22 million through a real estate owned sale to former lender A10 Capital through the entity A10 Cap Reo-535 Broadway, LLC for the four-unit mixed-use building (K4) at 535 Broadway in SoHo, Manhattan. The expected use is cash flowing. The former owner was Continental Equities. The deal closed on February 4, 2026 and was recorded…

Bukharian congregation sues to enforce $16M purchase in Holliswood, $15M sale in Forest Hills

The Beth Gavriel Bukharian Congregation of Forest Hills filed a lawsuit yesterday in New York State Supreme Court in Queens seeking to enforce a pair of 2021 contracts in which the congregation buys a Holliswood development site valued at $16 million while at the same time it sells a school building in Forest Hills for $15 million. The complaint alleges that the congregation is ready…

Kaushik Patel signs $10.5M refi with Spring Bank for hotel in Melrose

Kaushik Patel through the entity Melrose Hotel, LLC as borrower signed a refi loan with lender Spring Bank valued at $10.5 million for the hotel building (H3) at 290 East 150th Street in Melrose, Bronx. The deal closed on January 29, 2026 and was recorded on February 10, 2026. The prior lender was Parke Bank which held debt that had an original loan amount of…

Ben Shavolian signs $13.1M refi for 39-unit rental in Kingsbridge

Ben Shavolian through the entity 3436 Kings LLC as borrower signed a refi loan with lender Community Preservation Corporation through the entity CPC Mortgage Company LLC valued at $13.1 million for the 39-unit residential elevator building (D7) at 3436 Kingsbridge Avenue in Kingsbridge, Bronx. The deal closed on February 4, 2026 and was recorded on February 10, 2026. The prior lender was Community Preservation Corporation…

GFP Real Estate signs $191.5M construction loan with Derby Lane Partners in Financial District

GFP Real Estate through the entity 40 X Owner LLC as borrower signed a rehab construction loan with lender Derby Lane Partners through the entity Dl Rcf I Loan Holdings (Evergreen), LLC valued at $191.5 million for the office building (O4) at 40 Exchange Place in Financial District, Manhattan. On the lot, there is one active major alteration construction project, M01233357, for a 382-unit, 255,799…

Two Trees Management signs $83M refi with Citibank for office in Flatiron District

Two Trees Management through the entity 50 West 23rd Street LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $83 million for the office building (O6) at 50 West 23rd Street in Flatiron District, Manhattan. The deal closed on January 29, 2026 and was recorded on February 10, 2026. The prior lender was M&T…

Legion Investment Group signs $140.1M construction loan for condo project in Greenwich Village

Legion Investment Group through the entity 5w13 Owner LLC as borrower signed a new construction loan with lender Bank OZK valued at $140.1 million for the office building (O2) at 5 West 13th Street in Greenwich Village, Manhattan. On the lot, there is one active new building construction project, M01164499, for a 36-unit, 111,568 square-foot residential (R-2) building. The project was submitted by Legion Investment…

Holliswood Development pays $6.5M for 10-unit UWS walkup

Holliswood Development through the entity Holliswood 74, LLC paid $6.5 million for the 10-unit residential walkup building (C5) at 15 West 74th Street in Upper West Side, Manhattan. The expected use is cash flowing. The deal closed on February 3, 2026 and was recorded on February 10, 2026. The property has 6,988 square feet of built space and 1,999 square feet of additional air rights…

Acadia, Hilltop RE pay $20.75M to Naftali Group for retail in Carnegie Hill

UPDATED 1:31 p.m., February 11, 2026: Acadia Realty Trust and Hilltop RE paid $20.75 million to the Naftali Group for four retail condominium units in Carnegie Hill, Manhattan, in four transactions. The sale was previously reported by Traded NY. In the first, Acadia Realty Trust through the entity 1165 Madison Retail Owner LLC paid $7.8 million to Naftali Group through the entity 1165 Mad And…

Ravinder Chopra, Yuvraj Chopra pay $14.5M for two hotels in Flushing

Ravinder Chopra and Yuvraj Chopra through the entity Flushing Investors Group LLC paid $14.5 million to Nicholas Ryan Huang through the entity Hung Yuen Holdings Inc. for the hotel building (H3) at 133-43 37th Avenue in Flushing, Queens and hotel building (H3) at 133-45 37th Avenue in Flushing, Queens. The expected use is cash flowing. The deal closed on January 29, 2026 and was recorded…

CUNY pays $40M to Metropolitan College for office condos in FiDi

City University of New York through the entity City University Construction Fund paid $40 million to Metropolitan College of New York for four office condominium units at 40 Rector Street in Financial District, Manhattan. The expected use is owner-occupied. The deal closed on January 27, 2026 and was recorded on February 10, 2026. The four properties have 79,955 square feet of built space according to…

Ladder Capital takes title to 3 East Harlem rentals with $69M judgment

Ladder Capital through the entity Lehny LLC obtained title with credit bids through a judicial foreclosure for the 108-unit rental at 2211 Third Avenue, the 30-unit at 2338 Second Avenue and the 20-unit at 329 Pleasant Avenue. The expected use is hold for sale. The former owner was HAP Investments. The transfer closed on January 21, 2026 and was recorded on February 4, 2026. The…

State approves planned $5.9M Bed Stuy dev site sale to Mendel Fleischman

UPDATED 5:52 a.m., June 12, 2026: The New York State Attorney General approved a petition the all-woman Brooklyn Masonic Lodge filed through the entity United Grand Chapter Order Of Eastern Star, State Of New York, to sell 441 Willoughby Avenue in Bedford Stuyvesant, Brooklyn, to developer Mendel Fleischman for $5.9 million. The sale is expected to close in about a month. The nonprofit made the…

Kings Capital signs $10.7M refi with Esquire Bank for two properties in Hell’s Kitchen

Kings Capital through the entity 356 West 48th Jv LLC as borrower signed a refi loan with lender Esquire Bank valued at $10.7 million for two properties with 25 residential units including the 15-unit residential elevator building (D1) at 406 West 51st Street and the 10-unit residential walkup building (C4) at 404 West 51st Street in Hell’s Kitchen, Manhattan. The deal closed on February 3,…