Transfers

CACHED

Flag Luxury Group signs $325M refi loan with Deutsche Bank for hotel in NoMad

Flag Luxury Group through the entity Rp1185 LLC as borrower signed a refi loan with lender Deutsche Bank valued at $325 million for the Ritz-Carlton New York, NoMad hotel condominium unit at 35 West 28th Street in NoMad, Manhattan. The deal closed on December 22, 2025 and was recorded on January 2, 2026. The prior lender was Bank OZK which held debt that had an…

Global Asset Properties pays $5.8M to HUBB NYC for retail condos in Hell’s Kitchen

Global Asset Properties through the entity 350 West 42nd Retail LLC paid $5.8 million to HUBB NYC through the entity 350 W 42nd St Retail LLC for two retail condominium units at 350 West 42nd Street in Hell’s Kitchen, Manhattan. The expected use is cash flowing. The deal closed on December 19, 2025 and was recorded on January 2, 2026. The two properties have 6,793…

Osaka Biso Co. pays $20.4M to Sun Frontier for 18-unit walkup in Gramercy

Osaka Biso Co. through the entity Osaka Biso Co., Ltd paid $20.4 million to Sun Frontier Fudousan Co. through the entity 317-319 2nd LLC for the 18-unit residential walkup building (C1) at 317-319 Second Avenue in Gramercy, Manhattan. The expected use is cash flowing. The deal closed on December 22, 2025 and was recorded on January 2, 2026. The property has 13,152 square feet of…

ZD Jasper Realty pays $21.8M for portion of 105-unit LIC dev site, total price $24.1M

ZD Jasper Realty through the entity ZDJ Davis 45 LLC paid $21.8 million to Ernest Henick through the entity 45-39 Davis Street Realty Corp for the development site composed of three parcels including an office building (O2) at 45-43 Davis Street, an industrial building (E9) at 45-39 Davis Street, and an office building (O1) at 45-33 Davis Street in Long Island City, Queens. The expected…

Safeguard Self Storage pays $40.2M to Equity Resource for storage in Borough Park

Safeguard Self Storage through the entity PPF SS 1454 39th Street, LLC paid $40.2 million to Equity Resource Investments and SNL Storage through the entity SNL XXII, LLC for the storage building (E7) at 1454 39th Street in Borough Park, Brooklyn. The expected use is cash flowing. The deal closed on December 22, 2025 and was recorded on January 2, 2026. The property has 63,814…

Mack acquires title from Chetrit Group valued at $94M for dev site in Hudson Yards

Mack Real Estate Group through the entity CMTG Lender 34 LLC took title from Chetrit Group through the entity Panoramic Hudson Mezz LLC in a transfer valued at $94 million for the development site (V1) at 545 West 37th Street in Hudson Yards, Manhattan. The deal closed on December 18, 2025 and was recorded on January 2, 2026. The property has zero square feet of…

Thor Equities ups debt to $16M with Northeast Bank for office building in Flatiron District

Thor Equities through the entity Thor 139 5th Owner LLC as borrower signed a refi loan with lender Northeast Bank valued at $16 million for the office building (O5) at 139 Fifth Avenue in the Flatiron District, Manhattan. The deal closed on December 23, 2025 and was recorded on December 30, 2025. The prior lender was Principal Real Estate Investors which held debt that had…

Nassimi Realty pays $3.2M to Dry Creek for REO retail in Chelsea, was $31.5M in 2014

Nassimi Realty through the entity 245 Seventh NR, LLC paid $3.2 million through a real estate owned purchase to Dry Creek Capital Partners through the entity DCC Ka-6, LLC for the retail condo at 245 Seventh Avenue in Chelsea, Manhattan. The expected use is cash flowing. The deal closed on December 8, 2025 and was recorded on December 31, 2025. The property has 5,442 square…

NYC Yemeni group pays $3M to former pol Marty Golden for hall in Bay Ridge

An advocacy group for New York City Yemenis, Aljalia Alyemnia of New York, through the entity 476 YEMUnity Realty LLC, paid just over $3 million to former City Council member and former New York State Senator Marty Golden through the entity 476, Inc for the Bay Ridge Manor catering hall building (P9) at 476 76th Street and across the street 473 76th Street, in Bay…

Palette Hotels, LCRE Group sign $82.4M refi for hotel in FiDi

Palette Hotels and its affiliate LCRE Group through the entity 151 Maiden LLC as borrower signed a refi loan with lender Wells Fargo valued at $82.4 million for the AC Hotel New York Downtown hotel building (H2) at 151 Maiden Lane in Financial District, Manhattan. The deal closed on December 15, 2025 and was recorded on December 30, 2025. The prior lender was Shanghai Commercial…

Heir to long-owned Park Slope portfolio pays $7M to buy out family at 3 mixed-use buildings

Debra Cabbad through the entity 102-106 Fifth Ave LLC paid $7 million to members of the Cabbad family through the entity Cabbad Family LLC for the two-unit mixed-use buildings (S2) at 102, 104 and 106 5th Avenue, in Park Slope, Brooklyn. The deal closed on December 16, 2025 and was recorded on December 30, 2025. The three properties have 8,700 square feet of built space…

Gorjian Real Estate Group pays $3.3M to Alfa Development for two retail condos in Nolita

Gorjian Real Estate Group through the entity GG 199 Mott LLC paid $3.3 million to Alfa Development through the entity First Mott LLC for two retail condominium units at 197-199 Mott Street in Nolita, Manhattan. The expected use is cash flowing. The deal closed on December 10, 2025 and was recorded on December 30, 2025. The two properties have 6,160 square feet of built space…

Zev Mayer signs $11.9M construction loan for 88-unit project in Far Rockaway

Zev Mayer through the entity 3229 Fb LLC as borrower signed a new construction loan with lender Broadview Capital through the entity Broadview Capital LLC valued at $11.9 million for the development building (V1) at 3229 Far Rockaway Boulevard in Far Rockaway, Queens. Mayer has two other projects on the block. On the lot, Q01266074, is a new building project for an 88-unit, 49,843 square-foot…

Preferred Builders pays $4.6M for likely dev site in Williamsburg

Preferred Builders through the entity 452-454 Graham Ave Property LLC paid $4.6 million to Timothy Schiulaz through the entity Red Top Key Properties LLC for the two-unit mixed-use building (S2) at 168 Richardson Street and the adjacent three-unit mixed-use building (S3) at 452 Graham Avenue in Williamsburg, Brooklyn. The property was marketed as a development site, so the expected use is ground up development. The…

SAPS Wholesale Inc. pays $8.3M for warehouse in Soundview

SAPS Wholesale Inc. through the entity Bronx River 935 LLC paid $8.3 million to Dominic Ferrovecchio through the entity 935 Bronx River Avenue LLC for the warehouse building (G2) at 935 Bronx River Avenue in Soundview, Bronx. The deal closed on December 17, 2025 and was recorded on December 31, 2025. The property has 34,888 square feet of built space and 12,187 square feet of…

Eckstrom NYC pays $12M for multifamily in West Village, converting to single-family

Eckstrom NYC through the entity 59 Morton LLC paid $12 million to Sage Fuchs through the entity MF Townhouse LLC for the four-unit building (C3) at 59 Morton Street in West Village, Manhattan. The expected use is conversion to single-family. The deal closed on December 5, 2025 and was recorded on December 31, 2025. The property has 4,001 square feet of built space and 2,075…

Malachite Group pays $13.1M to Golding family’s Imperial Sterling for retail in Rego Park

Manouchehr Malekan’s Malachite Group through the entity Rego Park Portfolio I LLC paid $13.1 million to Imperial Sterling through the entity Rp 121, LLC for the retail building (K1) at 96-16 Queens Boulevard in Rego Park, Queens. The deal closed on December 17, 2025 and was recorded on December 31, 2025. The property has 15,000 square feet of built space and 21,450 square feet of…

HUBB NYC pays $54M to Adam America for two rentals in Boerum Hill

HUBB NYC paid $54 million to Adam America Real Estate for two rental buildings in Boerum Hill, Brooklyn, at 595 Baltic Avenue and 577 Baltic Avenue in two transactions. In the larger, HUBB NYC through the entity 595 Baltic St LLC paid $40 million to Adam America Real Estate through the entity 595 Baltic Asset LLC (and others) for the 70-unit residential elevator building (D6)…

Affinius Capital acquires stake from Silverstein valued at $191.7M for life sciences in Hell’s Kitchen

UPDATED 5:21 a.m., January 4, 2026: Affinius Capital through the entity ACM Hudson Research Venture LLC acquired an interest from Silverstein Properties through the entity Spitip 619w54 Mezz LLC valued at $191.7 million for the life sciences office building (O6) at 619 West 54th Street in Hell’s Kitchen, Manhattan, known as the Hudson Research Center. It’s not clear from the single-page property records what percent…

February auction set for APF office with $75.7M judgment, appeal filed

The referee appointed to manage the New York State Supreme Court foreclosure auction of APF Properties‘ 16-story office building at 25 West 45th Street, in Midtown West, set the date for February 6, 2026, at the New York County Courthouse in Manhattan, according to a notice of sale published December 31, 2025. The approximate amount of the judgment was $75.7 million. A week before the…