VAJA Group through the entity Point Property LIC LLC as borrower signed a refi loan with lender TPG Real Estate Partners through the entity Treco Loan Origination Spv 33, LLC valued at $84 million for the 152-unit residential elevator building, Nova Astoria, (D3) at 11-14 35th Avenue in Astoria, Queens. The Commercial Observer reported on January 27, 2026 that the lender was Keystone Equities, which…
Xenolith Partners through the entity 1546 Eny Housing Development Fund Company Inc. as borrower signed a new construction loan with lender Webster Bank valued at $50.3 million for the development site at 1546 East New York Avenue in Brownsville, Brooklyn. On these lots, there is one active new building construction project, B01167866, for a 85,059 square-foot residential (R-2) building. The project was submitted by Xenolith…
Cheskel Berkowitz through the entity Taaffe Kzr LLC paid $3.6 million to Lawrence Rosenberg through the entity Taaffe Place Realty Corp. for the industrial building (F5) at 50 Taaffe Pl in Bedford Stuyvesant, Brooklyn. The expected use is cash flowing. The deal closed on January 8, 2026 and was recorded on January 28, 2026. The property has 20,000 square feet of built space and 1,391…
Vipul Patel through the entity 403 5th Avenue LLC paid $3.8 million to Iftikhar Din through the entity Pak Slope Enterprises, LLC for the two-unit retail and office building (O5) at 403 5th Avenue in Park Slope, Brooklyn. The deal closed on January 21, 2026 and was recorded on January 28, 2026. The property has 5,400 square feet of built space and 1,580 square feet…
Zion Church through the entity Zion Collective Inc. paid $3.3 million to David Burns and Lance J. Burns through the entity Ladabu Realty LLC for the industrial building (E9) at 226 52nd Street in Sunset Park, Brooklyn. The expected use is owner-occupied. The deal closed on January 20, 2026 and was recorded on January 28, 2026. The property has 7,400 square feet of built space…
Grun Group, Chesky Lefkowitz, and Moshe Friedlander through the entity 496 E 134 LLC paid $2.8 million to Galaxy General Contracting through the entity 2758 Kt LLC for the development site at 496 East 134th Street in Bronx. The expected use is ground up construction. At the same time, the partners obtained a $9.8 million construction loan from IceCap Group. Yaakov Lefkowitz, principal of Lefko…
Avi Ben Hamo through the entity 181 Monroe Ave LLC as borrower signed a land loan with lender Bayport Funding valued at $3.4 million for the development building (V0) at 181 Monroe Street in Bedford Stuyvesant, Brooklyn. The deal closed on January 16, 2026 and was recorded on January 28, 2026. The property has zero square feet of built space and 5,000 square feet of…
Ranco Capital refinanced a Brooklyn residential property with a $3.8 million loan from Grasshopper Bank, a transaction that comes as lenders remain active on smaller multifamily assets despite higher interest rates and tighter underwriting across New York City. The refinancing was executed through the borrower entity 1073-75 Bedford LLC and closed on January 16, 2026, with the transaction recorded on January 26. The collateral is…
Elad Group through the entity 419 Pas LLC as borrower signed a refi loan with lender Deutsche Bank valued at $146.1 million for the office building (O4) at 419 Park Avenue South in NoMad, Manhattan. On the lot, there is one active major alteration construction project, M01223041, for a 111-unit, 152,092 square-foot residential (R-2) building. The project was submitted by Elad Group and filed by…
Yitzchok Schwartz of YS Developers LLC submitted a new building construction project for a 77-unit, 119,949 square-foot residential (R-2) building at 1111 Myrtle Avenue in Bedford Stuyvesant, Brooklyn. The plan was filed with the New York City Department of Buildings on January 27, 2026 under job number B01348174. It calls for the construction of a eight-story building. The project is described in the filing as:…
Shlomo Karpen through the entity Stagg Studios LLC as borrower signed a loan with lender JPMorgan Chase valued at $15 million for the industrial building (F1) at 361 Stagg Street in East Williamsburg, Brooklyn. The deal closed on December 30, 2025 and was recorded on January 28, 2026. The prior lender was Directed Capital which held debt that had an original loan amount of $15.5…
The entity Edmund Shelby House, LLC paid $5.5 million for the four-unit building (C3) at 116 West 74th Street in Upper West Side, Manhattan. The deal closed on January 22, 2026 and was recorded on January 28, 2026. The property has 5,860 square feet of built space and 2,308 square feet of additional air rights for a total buildable of 8,172 square feet according to…
UPDATED, 10:20 a.m., June 10, 2026: Joyland Management through the entity Broadway Corner Bedford LLC paid $30 million to Madison Realty Capital through the entity 159 Broadway Owner LLC for the development site with a 256-unit hotel building (H9) planned at 159 Broadway in Williamsburg, Brooklyn. The expected use is ground up development. On the lot, there is a new building project, B01327363, for a…
Atlas Capital Group through the entity Atlas VI Houston LLC paid $112.2 million to Dermot Company and Rockwood Capital through the entity 250 Houston Investors, Lp for the 132-unit rental condo at 250 East Houston Street in Manhattan. The expected use is cash flowing. The deal closed on January 15, 2026 and was recorded on January 28, 2026. The two properties have 122,416 square feet…
Mehrdad Kahan and Said Makhany through the entity Adventure Assets LLC paid $8.5 million to J. Safra Real Estate through the entity Rockfeld Group One Madison LLC for the retail condominium at 23 East 22nd Street in Flatiron District, Manhattan. The expected use is cash flowing. The deal closed on December 23, 2025 and was recorded on January 8, 2026. The property has 7,210 square…
Malachite Group through the entity Rego Park Portfolio II LLC as borrower signed a acquisition loan with lender Flushing Bank through the entity Flushing Bank valued at $14.4 million for three retail properties including the retail building (K1) at 95-05 63rd Drive in Rego Park, Queens, retail building (K1) at 95-02 63rd Drive in Rego Park, Queens, and retail building (K1) at 94-14 63rd Drive…
Michael Tauber through the entity 210 West 82nd LLC paid $5.8 million to Kokot Realty Enterprises through the entity Chez Moi LLC for the six-unit mixed-use building (S9) at 210 West 82nd Street in Upper West Side, Manhattan. The expected use is cash flowing. The deal closed on January 22, 2026 and was recorded on January 27, 2026. The property has 11,290 square feet of…
Greenbrook Partners through the entity 390 Court St, LLC paid $6.1 million to the entity Carroll Court Associates, LLC for the office and retail building (O5) with two residential units, at 390 Court Street in Carroll Gardens, Brooklyn. The expected use is cash flowing. The deal closed on January 16, 2026 and was recorded on January 27, 2026. The property has 7,200 square feet of…
Soobok Cho and Kum Hwie Cho through the entity Hill Plaza LLC paid $7 million to Peak Capital Advisors through the entity 507 Owner LLC for the five-unit residential walkup building (C2) at 507 8th Avenue in Park Slope, Brooklyn. The expected use is cash flowing. The deal closed on January 16, 2026 and was recorded on January 27, 2026. The property has 5,952 square…
Jacob Landau and Michael Melnicke through the entity 519 Saratoga LLC as borrower signed a refi loan with lender Grasshopper Bank valued at $6.1 million for two properties with nine residential units including the nine-unit residential walkup building (C1) at 517 Saratoga Avenue and the nine unit building at 519 Saratoga Avenue in Brownsville, Brooklyn. On the tax block, there were two new building construction…
