Giannis Antetokounmpo through the entity Original Lawrence 111 LLC paid $14.1 million to Seth Brown and Richard Ludwig through the entity 520 Parkside LLC for the 28-unit residential elevator building (D3) at 111 Clarkson Avenue in Prospect Lefferts Gardens, Brooklyn. The expected use is cash flowing. The deal closed on November 18, 2025 and was recorded on December 8, 2025. The property has 26,902 square…
Benchmark Properties in partnership with the families that own Bentex and HIS through the entity 198 Madison Ave Realty NY LLC, paid $40 million to Oxford University Press for the approximately 165,000 square foot office condominiums that have space on the ground floor, mezzanine, and the entire upper portion of the B. Altman Building at 198 Madison Avenue from the eighth floor to the 13th…
Nourallah Baroukhian, as property owner, filed a bankruptcy petition in U.S. Bankruptcy Court for the Southern District of New York as part of an ongoing decades-long battle over control of the single-story retail building at 75 East 115th Street, just east of Park Avenue, in East Harlem, Manhattan. Baroukhian filed the petition on December 8, 2025, through the Great Neck, New York, based entity East…
Martin Mendlovic through the entity M Tompkins LLC paid $3.8 million to Winchester Equities through the entity 151 Tompkins Avenue LLC for the three-unit mixed-use building (S3) at 151 Tompkins Avenue in Bedford Stuyvesant, Brooklyn. The expected use is cash flowing. The deal closed on November 17, 2025 and was recorded on December 5, 2025. The property has 5,600 square feet of built space according…
Kassin Sabbagh Realty through the entity KSR 1288 Fulton LLC acquired an interest from the Mizrahi family valued at $5 million representing half the value of a $10 million property that is currently occupied by a retail building (K1) at 1288 Fulton Street in Bedford Stuyvesant, Brooklyn. Members of the Cohen family that owned the property with the Mizrahi family remain in the deal. The…
Jack Geula through the entity 559w189 LLC paid $5.3 million to Gerald Leibman through the entity D.J. & B. Realty Corporation for the 63-unit residential walkup building (C1) at 480-490 Audubon Avenue in Washington Heights, Manhattan. The expected use is cash flowing. The deal closed on November 24, 2025 and was recorded on December 5, 2025. The property has 55,000 square feet of built space…
Witnick Real Estate Partners through the entity 30-50 21st Street Property LLC paid $20.7 million to Fairstead through the entity 30-50 21st Street Delaware Owner LLC for the 65-unit residential elevator building (D1) at 30-50 21st Street in Astoria, Queens. The expected use is cash flowing. The deal closed on December 1, 2025 and was recorded on December 5, 2025. The property has 59,247 square…
Izaki Group Investment through the entity 26 Bleecker LLC paid $38.1 million to Planned Parenthood through the entity Planned Parenthood Of Greater New York, Inc. for the office building (O7) at 26 Bleecker Street in NoHo, Manhattan. The deal closed on December 3, 2025 and was recorded on December 5, 2025. The property has 43,365 square feet of built space according to a PincusCo analysis…
Kayne Anderson and Remedy Medical Properties through the entity Mocha Mp Holdco I Wrk7, LLC acquired from Welltower Inc. through the entity Welltower Healthcare Venture Properties LLC the medical building (I9) at 4813 9th Avenue in Borough Park, Brooklyn, valued at $151.9 million. The purchase is part of a $6 billion sale of a Welltower medical portfolio to Kayne Anderson and Remedy Medical Properties, which…
Kambiz Hakim through the entity 1290 Madison LLC as borrower signed a refi loan with lender Webster Bank through the entity Webster Bank, National Association valued at $23 million for the 10-unit residential elevator building (D7) at 1290 Madison Avenue in Carnegie Hill, Manhattan. The deal closed on November 21, 2025 and was recorded on December 4, 2025. The prior lender was JPMorgan Chase which…
Michael Ostad through the entity 301 East 90th LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $28.8 million for five residential walkup properties with 57 residential units including the 11-unit residential walkup building (C7) at 723 11th Avenue in Hell’s Kitchen, Manhattan, 16-unit residential walkup building (C7) at 746 Ninth Avenue in Hell’s…
United American Land refinanced two SoHo buildings with a total of $42 million, composed of $28 million from Cerco Funding and $14 million from Metropolitan Commercial Bank, in two transactions. In the larger deal, United American Land through the entity 419 MM LLC as borrower signed a refi loan with lender Cerco Funding through the entity Cerco Bl9 LLC valued at $28 million for the…
United Construction & Development Group through the entity Lic Venture Capital LLC as borrower signed a refi loan with lender New Era Life Insurance through the entity New Era Life Insurance Company valued at $39.5 million for the development site (V1) at 41-50 21st Street in Long Island City, Queens. The deal closed on November 14, 2025 and was recorded on December 4, 2025. The…
Yucaipa Companies through the entity Gh1170 Broadway LLC as borrower signed a refi loan with lender Qatar Investment Authority through the entity Q Oak Holding LLC valued at $93 million for two properties with six residential units including the hotel building (HB) at 1170 Broadway in NoMad, Manhattan and six-unit mixed-use building (K4) at 10 West 28th Street in NoMad, Manhattan. The deal closed on…
Bromley Companies through the entity 122 Fifth Associates LLC as borrower signed a refi loan with lender Helaba through the entity Landesbank Hessen-Thuringen Girozentrale valued at $163.4 million for the office building (O6) at 122 Fifth Avenue in the Flatiron District, Manhattan. The deal closed on November 28, 2025 and was recorded on December 4, 2025. The prior lender was Helaba which held debt that…
Blackstone Group through the entity Bpp Parker Tower Property Owner LLC as borrower signed a refi loan with lender Wells Fargo for $269.1 million for two properties with 1,327 residential units including the 1,327-unit residential elevator building (D3) at 104-20 Queens Boulevard and the office building (O5) at 104-70 Queens Boulevard, both in Forest Hills, Queens. The deal closed on November 25, 2025 and was…
Plumber Gordon Rugg through the entity 2293 2nd Ave NYC LLC paid $2.1 million to Jeffrey Dreifus through the entity 2293 Second Avenue Realty Corp. for the industrial building (E1) at 2293 2nd Avenue in East Harlem, Manhattan. The deal closed on November 14, 2025 and was recorded on December 4, 2025. The property has 2,725 square feet of built space according to a PincusCo…
Juliana Tesoriero-Capone through the entity 2500 Boston Road LLC paid $2.8 million to Michael Trinagel through the entity Tri-Twins, LLC for the industrial building (G2) at 2500 Boston Road in Allerton, Bronx. The deal closed on November 24, 2025 and was recorded on December 4, 2025. The property has 6,076 square feet of built space for a total buildable of 6,079 square feet according to…
The nonprofit EIHAB Human Services through the entity EIHAB Human Services, Inc. paid $5.5 million to Panagiotis Zenetos through the entity Panic4 LLC for the retail building (K1) at 224-11 Linden Boulevard in Cambria Heights, Queens. The expected use is owner-occupied. The deal closed on November 20, 2025 and was recorded on December 4, 2025. The property has 9,534 square feet of built space according…
Blue Sky Builders and David Goldberger through the entity Liberty Apartments LLC as borrower signed a refi loan with lender Parke Bank valued at $15.5 million for the 54-unit, new construction rental building at 786 Liberty Avenue in East New York, Brooklyn. On the lot, there is one active new building construction project, B00670629, for a 54-unit, 36,037 square-foot residential (R-2) building. The project was…
