Transfers

CACHED

Morgan Stanley pays $56M to L+M Development Partners for commercial in Lower East Side

Morgan Stanley through the entity Nhnr Hold Co 29, LLC paid $56 million to L+M Development Partners through the entity Site 6 Commercial New Owner LLC for the commercial condo at 175 Delancey Street in Lower East Side, Manhattan. The expected use is cash flowing. The deal closed on December 4, 2025 and was recorded on December 10, 2025. The property has 41,173 square feet…

AmTrust Realty pays $211.2M to Sapir Organization for office in Grand Central

AmTrust Realty through the entity Am 260 Madison LLC paid $211.2 million to Sapir Organization through the entity 260-261 Madison Avenue LLC for the office building (O4) at 260 Madison Avenue in Grand Central, Manhattan. The expected use is cash flowing. The deal closed on December 5, 2025 and was recorded on December 10, 2025. The property has 531,270 square feet of built space according…

Sovereign Partners pays $273M to Rockwood Capital for office building in Grand Central

Sovereign Partners through the entity 2GC Owners, LLC paid $273 million to Rockwood Capital through the entity Nrcf 2gc LLC for the office building 2 Grand Central (O4) at 147 East 44th Street in Grand Central, Manhattan. The expected use is cash flowing. The deal closed on December 4, 2025 and was recorded on December 10, 2025. The property has 629,323 square feet of built…

Highpoint Property Group signs $11M refi for 7-unit walkup in East Village

Highpoint Property Group through the entity 174-176 1st Avenue Owner LLC as borrower signed a refi loan with lender Valley National Bank valued at $11 million for the seven-unit residential walkup building (C4) at 174-176 1st Avenue in the East Village, Manhattan. The deal closed on December 8, 2025 and was recorded on December 9, 2025. The prior lender was Webster Bank which held debt…

Hassan Kassim pays $4.2M to Abrom Badalov for retail in Harlem

Hassan Kassim through the entity 2923 Moe Realty LLC paid $4.2 million to Abrom Badalov through the entity Mazal Ubracha 101 LLC for the retail building (K4) at 2923 Frederick Douglass Boulevard in Harlem, Manhattan. The expected use is cash flowing. The deal closed on November 26, 2025 and was recorded on December 9, 2025. The property has 7,562 square feet of built space and…

Minerva Development sells former 3-family in Park Slope for $5.8M

Individual buyers paid $5.8 million to Minerva Development through the entity 38 Garfield LLC for a former three-unit building (C0) at 38 Garfield Place in Park Slope, Brooklyn, that is now a single-family home. The deal closed on November 21, 2025 and was recorded on December 9, 2025. The property has 4,004 square feet of built space according to a listing with Douglas Elliman. The…

Midwood Investment & Development signs $13.2M refi for mixed-use in Lenox Hill

Midwood Investment & Development through the entity 829 Madison We Tic Owner LLC as borrower signed a refi loan with lender Valley National Bank valued at $13.2 million for the mixed-use building (K4) at 829 Madison Avenue in Lenox Hill, Manhattan. The deal closed on December 2, 2025 and was recorded on December 9, 2025. The prior lender was Valley National Bank which held debt…

Talmudical Seminary of Bobov signs $23M construction loan with Ponce Bank for project in Borough Park

Talmudical Seminary of Bobov through the entity Tsob 5782 LLC as borrower signed a new construction loan with lender Ponce Bank valued at $23 million for the office building (O9) at 3710 15th Avenue in Borough Park, Brooklyn. On the lot, there is one active new building construction project, B00953932, for a 45,718 square-foot commercial building. The project was submitted by Joseph Deutsch and filed…

Allure Group signs $44.8M refi with Dwight Capital for nursing home in Bay Ridge

Allure Group through the entity Hamilton Park Multicare LLC as borrower signed a refi loan with lender Dwight Capital through the entity Dwight Capital LLC valued at $44.8 million for the specialty building (I6) at 691 92nd Street in Bay Ridge, Brooklyn. The deal closed on October 28, 2025 and was recorded on December 9, 2025. The prior lender was Webster Bank which held debt…

Blackstone Group signs $3.15B refi with Wells Fargo for StuyTown, Peter Cooper

Blackstone Group through the entity Bpp Pcv Owner LLC as borrower signed a refi loan with lender Wells Fargo valued at $3.15 billion for two tax lots that compose Stuyvesant Town and Peter Cooper Village, with 11,255 residential units including the 8,764-unit residential elevator building (D7) at 240 1st Avenue in Peter Cooper-Stuyvesant Town, Manhattan and 2,491-unit residential elevator building (D6) at 342 1st Avenue…

Solil Management sells mixed-use in Jamaica to S6 Management for $2.5M

S6 Management through the entity S6 Jamaica LLC paid $2.5 million to Solil Management through the entity The Lillian Goldman Family L.L.C. for the mixed-use building (K4) at 166-14 Jamaica Avenue in Jamaica, Queens. Solil Management controls the assets of the late Sol Goldman, and owns more than 200 properties and rarely sells them. The deal closed on November 25, 2025 and was recorded on…

Brenda Deutsch pays $2.6M for mixed-use in Fort Greene

Brenda Deutsch through the entity 381 Brucha Partners LLC paid $2.6 million to Roger Bradshaw through the entity Alexa And Roger, Inc. for the two-unit mixed-use building (S2) at 381 Myrtle Avenue in Fort Greene, Brooklyn. The deal closed on November 14, 2025 and was recorded on December 9, 2025. The property has 4,151 square feet of built space and 4,541 square feet of additional…

Carlyle pays $5.7M to Z+G Property for 2 mixed-used buildings in Windsor Terrace

The Carlyle Group paid $5.7 million to Z+G Property Group for two adjacent mixed-use buildings in Windsor Terrace, Brooklyn, in two transactions. The properties have a total of nine residential units between them, in two transactions. In the first, Carlyle Group through the entity Brooklyn Townhouse Property Owner IV, L.L.C. paid $2.9 million to Z+G Property Group through the entity ZG Windsor LLC for the…

United Construction & Development pays $64.2M to Madison Realty for office, retail in Flushing

United Construction & Development Group through the entity Comptex 4160 Main LLC paid $64.2 million to Madison Realty Capital through the entity 41-60 Main Street Owner LLC for the office and building (O5) at 41-60 Main Street in Flushing, Queens. The expected use is cash flowing. The building is currently occupied by tenants. The deal closed on November 18, 2025 and was recorded on December…

George Gellert signs $12.6M refi three walkups properties in Upper West Side

George Gellert through the entity Walber 82nd Street Associates, L.P. as borrower signed a refi loan with lender JPMorgan Chase valued at $12.6 million for three residential walkup properties with 32 residential units including the 12-unit residential walkup building (C1) at 76 West 82nd Street in Upper West Side, Manhattan, 12-unit residential walkup building (C1) at 78 West 82nd Street in Upper West Side, Manhattan,…

Yitzchok Schwartz signs $25.8M refi loan with Berkadia for 55-unit rental in Bedford Stuyvesant

Yitzchok Schwartz through the entity Tompkins Estates II LLC as borrower signed a refi loan with lender Berkadia Commercial Mortgage valued at $25.8 million for the 55-unit residential elevator building (D7) at 88 Tompkins Avenue in Bedford Stuyvesant, Brooklyn. The deal closed on December 1, 2025 and was recorded on December 8, 2025. The prior lender was Popular Bank which held debt that had an…

Moshe Silberstein signs contract to purchase likely dev site in Williamsburg for undisclosed amount

Moshe Silberstein through the entity 87 Havemeyer Street LLC signed a contract to pay an undisclosed amount to to Michael Pescatore through the entity FPP Havemeyer Realty LLC for three adjacent vacant lots from 87 to 93 Havemeyer Street in Williamsburg, Brooklyn. The expected use is ground up development. The anticipated closing date is April 30, 2026, according to the memorandum of contract. The contract…

Hersh Klein pays $3M for dev site in Bed Stuy, gets $11.5M construction loan

Hersh Klein through the entity 1870 Fulton LLC paid $3 million to Natalia Sorkin through the entity Brianna Ventures L.L.C. for the 33-unit development site at 1870 Fulton Street in Bedford Stuyvesant, Brooklyn. The expected use is ground up development. On the lot, there is one active new building construction project, B01290362, for a 33-unit, 22,759 square-foot residential (R-2) building. The project was submitted by…

NBDG pays $6.5M for 5-unit walkup in Brooklyn Heights

Shaky Cohen’s Nexus Building Development Group, also known as NBDG, through the entity 222 Henry Owner LLC paid $6.5 million to Dexter Guerrieri through the entity 222 Henry Street LLC for the five-unit residential walkup building (C2) at 222 Henry Street in Brooklyn Heights, Brooklyn. The expected use is cash flowing. The deal closed on November 25, 2025 and was recorded on December 8, 2025….

GIZ Properties pays $12M to Denis Rodger for retail in Kew Garden Hills

Gil Zaburov’s GIZ Properties through the entity 71 GZ Centers LLC paid $12 million to Denis Rodger through the entity United Properties Corp. for the retail building (K1) at 71-26 Main Street in Kew Garden Hills, Queens. The expected use is cash flowing. The deal closed on December 1, 2025 and was recorded on December 8, 2025. The property has 28,000 square feet of built…