Transfers

CACHED

Patoma Inc. signs $13.5M refi loan with Deutsche Bank for five properties in NYC

Patoma Inc. through the entity 1815 Woodbine Lp as borrower signed a refi loan with lender Deutsche Bank through the entity German American Capital Corporation valued at $13.5 million for five properties with 13 residential units including the seven-unit residential walkup building (C1) at 284 Suydam Street in Bushwick, Brooklyn, two-unit mixed-use building (S2) at 543 Metropolitan Avenue in Williamsburg, Brooklyn, and four-unit building (C3)…

Joel Jacob signs $21M refi with Bravo Capital for 54-unit rental in East Flatbush

Moshe Deutsch and Joel Jacob through the entity 1622 New York LLC as borrower signed a refi loan with lender Bravo Capital through the entity Bravo Capital LLC valued at $21 million for the 54-unit residential elevator building (D7) at 1620 New York Avenue in East Flatbush, Brooklyn. The deal closed on January 13, 2026 and was recorded on January 22, 2026. The prior lender…

Nonprofit WellLife Network in contract to pay $9M for dev site in Jamaica

The nonprofit mental health services organization WellLife Network signed a contract to pay $9 million for a development site with the approximate address of 90-20 Parsons Boulevard in Jamaica, Queens, as well as additional air rights, to the seller Grace Episcopal Church. The church has owned portions of the tax block since the mid 19th century. The contract was disclosed in a petition the church…

LNR files $100M pre-foreclosure alleging Queens Place Mall loan in default

LNR Partners on behalf of bondholders of the CSAIL 2018-CX12 Commercial Mortgage Trust, on Friday filed a $100 million pre-foreclosure action in New York State Supreme Court in Queens County, alleging the loan secured by a 227,764-square-foot retail condominium unit at Queens Place Mall, with the address 88-15 Queens Boulevard, in Queens, was in a payment default. Madison International Realty, led by Ronald Dickerman, is…

J. Safra Real Estate sells office, retail building in SoHo for $43.7M

The entity Evergreen Peak LLC paid $43.7 million to J. Safra Real Estate through the entity 138 Spring Owners LLC for the office building (O5) at 90 Wooster Street in SoHo, Manhattan. The deal closed on January 15, 2026 and was recorded on January 22, 2026. The property has 16,123 square feet of built space according to a PincusCo analysis of city data. The sale…

Daten Group signs $59M refi with JLL for 135-unit rental in Clinton Hill

Daten Group through the entity Cad Waverly LLC as borrower signed a refi loan with lender JLL through the entity JLL Real Estate Capital, LLC valued at $59 million for the 135-unit residential elevator building (D6) at 540 Waverly Avenue in Clinton Hill, Brooklyn. The deal closed on January 13, 2026 and was recorded on January 22, 2026. The prior lender was H.I.G. Capital which…

Sovereign Partners signs $150M refi with Rialto for office in Flatiron District

Sovereign Partners through the entity 100 Fifth Owners, LLC as borrower signed a refi loan with lender Rialto Management Group through the entity Fs Creit Originator LLC valued at $150 million for the office condo at 100 Fifth Avenue in Flatiron District, Manhattan. The deal closed on December 17, 2025 and was recorded on January 22, 2026. The prior lender was Jasper Lake Ventures One…

Autism services firm pays $1.9M to Flagstar for former bank branch in West Brighton

A Friendly Face, an autism services provider, through the entity Castleton Management LLC paid $1.9 million to Flagstar Bank for the retail building (K7) at 1214 Castleton Avenue and an adjacent parkinglot in West Brighton, Staten Island. The expected use is owner-occupied. The deal closed on December 23, 2025 and was recorded on January 22, 2026. The two properties have 11,990 square feet of built space…

Enexia Pharmacy Group pays $4.5M to RW Real Estate Group for school building in St George

Enexia Pharmacy Group through the entity 450 Smp LLC paid $4.5 million to RW Real Estate Group through the entity Bw 450 St. Marks, LLC for the specialty building (W9) at 450 St Marks Place in St George, Staten Island. The expected use is owner-occupied. The deal closed on December 19, 2025 and was recorded on January 22, 2026. The property has 8,927 square feet…

SRM Concrete pays $16M to Kings Building Material for two industrial parcels in Borough Park

SRM Concrete pays $16 million to Kings Building Material for two industrial parcels in Borough Park, Brooklyn. In the first, SRM Concrete through the entity Hollingshead Materials, LLC paid $9.2 million to Kings Building Material through the entity 14 Cortelyou Realty Corp. for the industrial building (Z9) at 14 Cortelyou Road in Borough Park, Brooklyn. The expected use is owner-occupied. The deal closed on January…

Mohammad Nawaz pays $7M for 9-unit elevator in Elmhurst

Mohammad Nawaz through the entity Golden Age Plaza LLC paid $7 million to Ferdous A. Khandker through the entity Care First Management Inc for the nine-unit residential elevator building (D7) at 70-38 Broadway in Elmhurst, Queens. The expected use is cash flowing. The deal closed on December 30, 2025 and was recorded on January 21, 2026. The property has 20,899 square feet of built space…

Jin Ping Xu pays $20M for industrial in College Point

Jin Ping Xu through the entity 3169 Coll Point LLC paid $20 million to Gina Young through the entity L & Y Development, LLC for the industrial building (E1) at 31-69 College Point Boulevard in College Point, Queens. The deal closed on January 6, 2026 and was recorded on January 21, 2026. The property has 20,544 square feet of built space and 67,066 square feet…

Refoua family pays $4.8M to Christ Stratakis for mixed-use in Norwood

Daniel Daryouth Refoua, Tiffany Adhami Refoua, and Rebecca Refoua through the entity Gun Hill 26 LLC paid $4.8 million to Christ Stratakis through the entity Ermioni 360 Realty, LLC for the mixed-use building (K4) at 360-368 East Gun Hill Road in Norwood, Bronx. The deal closed on December 24, 2025 and was recorded on January 21, 2026. The property has 18,207 square feet of built…

Oliver Street Capital pays $7.2M for industrial in Unionport

Oliver Street Capital through the entity Atlantic Oliver III 1261 Zerega Avenue, LLC paid $7.2 million to Alan Schwalberg through the entity Rsaj Holdings, LLC for the industrial building (G2) at 1261 Zerega Avenue in Unionport, Bronx. The expected use is cash flowing. The deal closed on January 15, 2026 and was recorded on January 21, 2026. The property has 28,926 square feet of built…

Slate signs $26.2M refi with Webster for 64-unit rental in Midtown East

Slate Property Group through the entity 123 East 54th Street Owner, LLC as borrower signed a refi loan with lender Webster Bank valued at $26.2 million for the 64-unit residential elevator building (D6) at 125 East 54th Street in Midtown East, Manhattan. The deal closed on January 8, 2026 and was recorded on January 21, 2026. The prior lender was Customers Bank which held debt…

Royal Builders signs $34.5M construction loan for two projects in Sheepshead Bay

Royal Builders through the entity 1505 Emmons Living LLC as borrower signed a new construction loan with lender Fairbridge Asset Management through the entity Fairbridge Credit LLC valued at $34.5 million for two new development projects, a 51-unit project at 1505 Emmons Avenue and an eight-story community facility building next door, with the address 1517 Emmons Avenue, both in Sheepshead Bay. On these lots, there…

Eenhoorn pays $77M to Circle F Capital for unsold condos in Financial District

Eenhoorn through the entity 1 Park Row Owner, LLC paid $77 million to Circle F Capital through the entity 1 Park Row Development, LLC for the 61 residential condominium units and four commercial condominium units that make up 1 Park Row in Financial District, Manhattan. There is one additional residential condo unit in the building, unit 9D, which was sold to an individual buyer. The…

Michael Ostad pays $18M to J. Safra Real Estate for two walkups in SoHo

Michael Ostad through the entity MEO 159-161 Prince St LLC paid $18 million to J. Safra Real Estate through the entity 159-161 Prince Owners LLC for the 24-unit residential walkup building (C7) at 161 Prince Street and the 16-unit residential walkup building (C7) at 159 Prince Street in SoHo, Manhattan. The expected use is cash flowing. The deal closed on January 13, 2026 and was…

MDG Design signs $269.9M ground lease with NYCHA, borrows $995M for acquisition, rehab in Canarsie

MDG Design + Construction through the entity Bay View PACT LLC paid $269.9 million to New York City Housing Authority through the entity New York City Housing Authority for the 1,610-unit residential elevator building (D3) at 9910 Seaview Avenue in Canarsie, Brooklyn. The expected use is cash flowing. The deal closed on December 23, 2025 and was recorded on January 21, 2026. The property has…

Jackson Group pays $3.5M to Magen Abraham Yeshiva for mixed-use in Gravesend

Jackson Group through the entity 355 Avenue U LLC paid $3.5 million to Magen Abraham Yeshiva through the entity Magen Abraham Yeshiva Inc. for the mixed-use building (K4) at 355-357 Avenue U in Gravesend, Brooklyn. The deal closed on January 13, 2026 and was recorded on January 21, 2026. The property has 5,720 square feet of built space and 6,280 square feet of additional air…