Sabet Group through the entity 558 Third Ave LLC paid $4.3 million to Lawrence Kaiden through the entity Winfield-Flynn, Ltd. for the six-unit mixed-use building (S5) at 558 Third Avenue in Murray Hill, Manhattan. The expected use is cash flowing. The deal closed on November 14, 2025 and was recorded on November 19, 2025. The property has 7,200 square feet of built space according to…
Jun Chao Zhang through the entity HK Station Holding LLC paid $5 million to Miok Lee through the entity Llw Management LLC for the retail building (K1) at 192-01 Station Road in Auberndale, Queens. The deal closed on November 3, 2025 and was recorded on November 19, 2025. The property has 9,467 square feet of built space and 7,182 square feet of additional air rights…
Two80 Real Estate Ventures and John Pantanelli through the entity 415 West 47 Realty LLC paid $7.8 million to the entity B&P Realty And Management LLC for the 24-unit residential walkup building (C7) at 415 West 47th Street in Hell’s Kitchen, Manhattan. The expected use is cash flowing. The deal closed on November 14, 2025 and was recorded on November 19, 2025. The property has…
Norbil Trust Co. through the entity Norbil Investment paid $10.4 million to Lockhill Properties through the entity 225 East 25th Owner LLC for the 21-unit residential walkup building (C5) at 225 East 25th Street in Kips Bay, Manhattan. The expected use is cash flowing. The deal closed on November 12, 2025 and was recorded on November 19, 2025. The property has 9,920 square feet of…
O5 Group, an affiliate of Isaac Oved’s IceCap Group, through the entity FO 425 Seventh Avenue LLC paid $30 million to Sze Yin Chan through the entity United Pacific Development Corp. for the mixed-use retail building (K4) at 425 Seventh Avenue in Penn Plaza, Manhattan. The deal closed on November 6, 2025 and was recorded on November 19, 2025. The property has 4,373 square feet…
Xiaoping Chang through the entity 920 Main Astoria LLC paid $8 million to Maria Vissas through the entity 9-20 Main Realty, LLC for the retail building (K1) at 9-20 Main Avenue in Astoria, Queens. The expected use is ground up development. The deal closed on October 31, 2025 and was recorded on November 17, 2025. The property has 10,744 square feet of built space and…
SK Development and CB Developers through the entity Bathhouse Lodge LLC as borrower signed a refi loan with lender Allegiant Real Estate Capital through the entity Allegiant Capital Funding, LLC valued at $37.2 million for a development site that is currently a parking lot at 402 Garage Beach 169th Street in Breezy Point, Queens. The deal closed on October 29, 2025 and was recorded on…
Joyland Group and Allan Lebovits through the entity 555 Broadway LLC as borrower signed a refi loan with lender Corebridge Financial and Blackstone Group through the entity American General Life Insurance Company valued at $190 million for two residential elevator properties with 336 residential units including the 270-unit residential elevator building (D6) at 275 Lorimer Street and the 66-unit residential elevator building (D6) at 251-257…
Samuel Schreiber through the entity AH 2600 LLC paid $3.8 million to Edward Anthony McCool through the entity Anthony Ave. Realty Corp. for the 54-unit residential walkup building (C1) at 2600 Amsterdam Avenue in Washington Heights, Manhattan. The expected use is cash flowing. The deal closed on November 10, 2025 and was recorded on November 18, 2025. The property has 45,215 square feet of built…
Sabet Group through the entity 53 E 7 St Holdings LLC paid $5.3 million to Stefka Nazarkewycz through the entity 53 East 7 Street LLC for the 12-unit residential walkup building (C1) at 53 East 7th Street in East Village, Manhattan. The expected use is cash flowing. The deal closed on November 10, 2025 and was recorded on November 18, 2025. The property has 10,116…
Rubin Equities through the entity 114 Bruckner Realty LLC paid $7 million to BNS Real Estate through the entity 114 Bruckner LLC for the development site that is currently a retail building (K5) at 114 Bruckner Boulevard in Mott Haven, Bronx. The expected use is ground up development. On the lot, there is one active new building construction project, X01294705, for a 99-unit, 67,174 square-foot…
Community Access through the entity 1185 River Avenue Housing Development Fund Corp paid $25 million to Irgang Group through the entity 1185 River Avenue LLC for the development site, currently a vacant lot (G6) at 1185 River Avenue in Concourse, Bronx. The expected use is ground up development. The filings in city property records state the building will be 291 units, while the latest Department…
SL Green Realty paid $160 million to Claudio Del Vecchio, the former owner of Brooks Brothers, for a development site in Grand Central, Manhattan, through two transactions for the adjacent properties at 346 Madison Avenue and just to the west, 11 East 44th Street. SL Green Realty said in a release that the site could hold an 800,000 square foot development. To finance the purchase,…
Derby Copeland Capital through the entity Derby General 82, LLC as borrower signed a refi loan with lender Bank of Montreal, also known as BOM, valued at $18.8 million for the 35-unit residential elevator building (D3) at 82 West Washington Place in Greenwich Village, Manhattan. The deal closed on November 6, 2025 and was recorded on November 17, 2025. The prior lender was Derby Copeland…
Centaur Properties through the entity Lf Gramercy Property Co., LLC as borrower signed a refi loan with lender Customers Bank through the entity Customers Bank valued at $23 million for the office building (O6) at 33 East 21st Street in Flatiron District, Manhattan. The deal closed on November 12, 2025 and was recorded on November 17, 2025. The prior lender was Webster Bank which held…
Clipper Equity through the entity Bedford Beverly A LLC as borrower added $20 million in additional debt with lender Valley National Bank for a total of $125 million at the newly constructed 296-unit residential elevator building (D6) at 2201 Beverly Road in Flatbush, Brooklyn. In 2022, Clipper Equity filed job number B00698115, for a new residential (R-2) building was permitted on February 23, 2024. The…
SilverLining Development NY, led by Aden Wiener, through the entity SilverLining Development Ny LLC signed an option agreement with the New Mexico company Zydeco 66 through the entity Heretofore, LLC related to the development site that’s currently a parking lot (G7) at 152-154 Leroy Street in West Village, Manhattan. The expected use is ground up development. The document is a type of property record called…
UPDATED 12:30 p.m., November 18, 2025: Sapir Corp. filed a petition yesterday in U.S. Bankruptcy Court in Manhattan to place its NoMo SoHo Hotel at 9 Crosby Street in bankruptcy. The filing is with the consent of the debt holders as well as a stalking horse bidder, Dan Hotels, which is in contract to pay $125 million for the property that Sapir and a partner…
Island Auto Group purchased a second group of auto dealership locations on Staten Island from members of the Manfredi family, paying $21.6 million for eight tax lots generally fronting Hyland Boulevard between Atlantic and Delaware avenues in the neighborhood of Dongan Hills. The sales were recorded in seven separate transactions. On the same day, Island Auto Group paid $23.26 million for another group of dealership…
Slate Property Group and its partner Avenue Realty Capital through the entity SPG Boerum LLC as borrower signed a refi loan with lender Starwood Property Trust through the entity Scredit Mortgage Funding Sub-1, LLC valued at $64 million for the 162-unit residential elevator building (D3) at 159 Boerum Street in Williamsburg, Brooklyn. The deal closed on October 16, 2025 and was recorded on November 14,…
