Transfers

Community Builders as borrower signed a new construction loan with lender Community Preservation Corporation through the entity Cpc Funding Spe 1 LLC valued at $68.4 million for the 89-unit development project at 726 Bay 32nd Street in Queens. On the lot, there is one active new building construction project, Q01157077, for a 89-unit, 92,400 square-foot residential (R-2) building. The project was submitted by Community Builders…

Brookfield Properties through the entity Bsrep III Nero LLC as borrower signed a refi loan with lenders Citibank, Bank of America, Santander Bank, Barclays, and ING Capital valued at $1.2 billion for the office portion of 660 Fifth Avenue in Midtown West, Manhattan. The property was formerly known as 666 Fifth Avenue. The Commercial Mortgage Alert reported the deal, noting there was an additional approximately $90…

Derek Bestreich through the entity 199 Grand Street LLC paid $3.2 million to the entity 199 Ita LLC for the two-unit mixed-use building (S2) at 199 Grand Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on October 28, 2025 and was recorded on October 30, 2025. The property has 2,625 square feet of built space and 2,330 square feet of…

Elisheva Realty through the entity G Naim 40th LLC paid $3.5 million to the entity Conscious Affluent Real Estate LLC Holding Series for the 23-unit residential walkup building (C1) at 41-42 40th Street in Sunnyside, Queens. The expected use is cash flowing. The deal closed on October 21, 2025 and was recorded on October 30, 2025. The property has 13,500 square feet of built space…

Andreas Pafitis through the entity Lpnp Real Estate 227 LLC paid $6.2 million to Giro DeSimone, Anthony J. Cornicello, and David B. Tendler through the entity Gjk 91 LLC for the 19-unit residential walkup building (C1) at 227 East 11th Street in East Village, Manhattan. The expected use is cash flowing. The deal closed on October 22, 2025 and was recorded on October 30, 2025….

Benenson Capital Partners through the entity 542 Broadway Owner LLC paid $22.5 million to 109Co through the entity 542 Broadway Investor, LLC for the retail condo at 542 Broadway in SoHo, Manhattan. The expected use is cash flowing. The deal closed on October 21, 2025 and was recorded on October 30, 2025. The property has 6,858 square feet of built space according to a PincusCo…

Yosef Beer and David Y. Goldstein through the entity 100 Lee Development LLC as borrower signed a new construction loan with lender Broadview Capital valued at $21.5 million for the 15-unit development at 100 Lee Avenue in Williamsburg, Brooklyn. On the lot, there is one active new building construction project, B01117992, for a 15-unit, 38,291 square-foot residential (R-2) building. The project was submitted by Yosef…

Morgan Stanley through the entity NHNR Hold Co 28 LLC as borrower signed a refi loan with lenders Blackstone Group and Corebridge Financial through the entity American General Life Insurance Company valued at $56.3 million for two industrial properties including the industrial building (E9) at 83-15 24th Avenue and industrial building (G7) at 83-34 23rd Avenue in Jackson Heights, Queens. The properties serve as a…

Richard Pogostin through the entity 703 -6th Inc. paid $5.8 million to BNS Real Estate through the entity 751-767 Bruckner, LLC for the industrial building (G2) at 751-767 Bruckner Boulevard in Longwood, Bronx. The expected use is cash flowing. The deal closed on October 16, 2025 and was recorded on October 27, 2025. The property has 18,500 square feet of built space and 18,500 square…

Westbridge Realty Group through the entity Osborn Commons LLC paid $6.2 million to Russell Fedele and Brian Fedele through the entity Osborn Belmont Properties, LLC for the 99-unit development site at 138 Osborn Street in Brownsville, Brooklyn. On these lots, there is one active new building construction project, B01208799, for a 99-unit, 79,815 square-foot residential (R-2) building. The project was submitted by Westbridge Realty Group…

Stuart Podolsky and Jay Podolsky through the entity 63 West L.L.C. as borrower signed a refi loan with lender Webster Bank valued at $60 million for six residential elevator properties with 376 residential units including the 96-unit residential elevator building (D1) at 236-240 West 64th Street in Lincoln Square, Manhattan, 96-unit residential elevator building (D3) at 242-248 West 64th Street in Lincoln Square, Manhattan, and…

The entity 392 Clinton Ave Realty LLC with Arthur Gabriel as signatory paid $4.7 million to Madison Realty Capital through the entity 392 Clinton Avenue LLC for the 16-unit residential walkup building (C1) at 392 Clinton Avenue in Clinton Hill, Brooklyn. The expected use is cash flowing. The deal closed on October 10, 2025 and was recorded on October 29, 2025. The property has 16,720…

Boris Natenzon through the entity 1893 Rt LLC paid the family of the late Gary Pizzitola through the entity Wevest, Inc. $6.2 million for the industrial property (G1) at 1893 Richmond Terrace in Port Richmond, Staten Island, that is leased to the city. The deal closed on October 10, 2025 and was recorded on October 29, 2025. The property has 38,000 square feet of built…

Two80 Real Estate Ventures through the entity 624 West 176th Realty LLC paid $7.5 million to Bronstein Properties through the entity Heights 624 LLC for the 52-unit residential walkup building (C7) at 624 West 176th Street in Washington Heights, Manhattan. The expected use is cash flowing. The deal closed on October 27, 2025 and was recorded on October 29, 2025. The property has 46,500 square…

Fouad Elayyan through the entity 960 Holding LLC paid $9 million to Red Apple Group through the entity RX Brooklyn Owners, LLC for the retail building (K1) at 960 Halsey Street in Bedford Stuyvesant, Brooklyn, as a possible development site. The deal closed on October 22, 2025 and was recorded on October 29, 2025. The property has 12,500 square feet of built space and 45,530…

Rivington Company through the entity 140 Fulton Owner LLC paid $26.4 million through a “real estate owned” sale to Bank Hapoalim for the development site (V1) at 140 Fulton Street in Financial District, Manhattan. The expected use is ground up development. To finance the purchase, Rivington Company borrowed $17.4 million from G4 Capital Partners. The deal closed on October 14, 2025 and was recorded on…

Prosper Property Group through the entity 36-45 31st Street Owner LLC paid $7 million to an affiliate of the Babinec family through the entity 36-45 31st Street, LLC for the under-construction 40-unit residential elevator rental building (D7) at 36-45 31st Street in Long Island City, Queens. At the same time, Prosper Property Group obtained an $18 million loan to complete the construction, from Kriss Capital….

Bungalow Projects through the entity NYM 215 Moore LLC as borrower signed a new construction loan with lender Farallon Capital Management through the entity Vestibule Holding LLC valued at $83.4 million for the under-development film and television production studio at 242 Seigel Street, also known as 215 Moore Street in East Williamsburg, Brooklyn. On the lot, there is one active new building construction project, B01072781,…

Clipper Equity through the entity 1010 Pacific Owner LLC as borrower signed a refi loan with lenders Citibank and Morgan Stanley valued at $84.5 million for the 175-unit residential elevator building (D3) at 998-1010 Pacific Street in Crown Heights, Brooklyn. The deal closed on October 1, 2025 and was recorded on October 28, 2025. The prior lender was Brookfield Asset Management which held debt that…