Transfers

CACHED

Derby Copeland Capital pays $7.2M for mixed-use in Greenwich Village, owns on block

Derby Copeland Capital through the entity Derby Bow 9, LLC paid $7.2 million to the entity 24 Greenwich Ave. Partners, LLC for the three-unit mixed-use building (S3) at 24 Greenwich Avenue in Greenwich Village, Manhattan. The expected use is cash flowing. The deal closed on September 25, 2025 and was recorded on October 15, 2025. The property has 5,055 square feet of built space and…

Haymes signs $260M loan mod for office in Penn Plaza, debt had been in special servicing

Haymes Investment Company through the entity 5 Penn Plaza LLC as borrower signed a loan modification and extension with LNR Partners as special servicer for the securitized trust Series 2016-GC36 valued at $260 million for the office building (O4) at 5 Penn Plaza in Penn Plaza, Manhattan. The deal closed on October 6, 2025 and was recorded on October 15, 2025. The property has 611,625…

Japanese restaurant group pays $6.7M to Walter & Samuels for retail in Murray Hill

Tokyo Ichiban Foods through the entity Tokyo Ichiban Foods, Co., Ltd. paid $6.7 million to Walter & Samuels through the entity Walsam 325 Lex, LLC for the retail condominium unit at 325 Lexington Avenue in Murray Hill, Manhattan. The expected use is cash flowing. The deal closed on October 9, 2025 and was recorded on October 15, 2025. The property has 3,180 square feet of…

Heartfelt Townhouse Builders signs ground lease valued at $18M with Yakar Partners for dev site in Astoria

Heartfelt Townhouse Builders through the entity LIC Forty Two Holdings LLC as tenant signed a 99-year ground lease valued at $18 million with landlord Yakar Partners through the entity 42-08 35th Owner LLC for the development site at 42-08 35th Avenue in Astoria, Queens. The expected use is ground up development. On these lots, there is one active new building construction project, Q01288130, for a…

Platinum Realty, Richard Chera pay $19M to Crown for retail, office in Kew Gardens

Platinum Realty Associates and Richard Chera through the entity 132-40 Metro Owner LLC paid $19 million to Crown Acquisitions through several entities including HC Metropolitan LLC for the mixed-use building (K9) at 132-40 Metropolitan Avenue in Kew Gardens, Queens. The expected use is cash flowing. The deal closed on October 1, 2025 and was recorded on October 15, 2025. The property has 40,595 square feet…

Alf Naman Real Estate pays $24M to Allied Realty for office in NoMad

Alf Naman Real Estate through the entity 1181 Owners LLC paid $24 million to Allied Realty & Development through the entity Aston Special LLC for the office building (O6) at 1181 Broadway in NoMad, Manhattan. The expected use is cash flowing. The deal closed on October 9, 2025 and was recorded on October 15, 2025. The property has 26,899 square feet of built space according…

Cornell University pays $510M to Sotheby’s for office building in Lenox Hill

Cornell University paid $510 million to Sotheby’s through the entity 1334 York, LLC for the office building at 1334 York Avenue in Lenox Hill, Manhattan. The expected use is owner-occupied. The deal closed on October 1, 2025 and was recorded on October 15, 2025. The building is composed of 11 commercial condominium units with approximately 340,066 square feet of built space according to a PincusCo analysis…

Philips International signs $12M refi with Standard Insurance for commercial in Kew Gardens

Philips International through the entity 120-34/70 Qb LLC as borrower signed a refi loan with lender Standard Insurance Company valued at $12 million for two properties including the office and retail building (O5) at 120-46 Queens Boulevard and the office building (O5) at 120-34 Queens Boulevard in Kew Gardens, Queens. The deal closed on September 30, 2025 and was recorded on October 9, 2025. The…

Moinian Group signs $32.8M refi for four properties in Manhattan

Moinian Group through the entity 147 West 24th Owner LLC as borrower signed a refi loan with lender Morgan Stanley through the entity Morgan Stanley Bank valued at $32.8 million for four properties with five residential units including the office building (O6) at 37 West 17th Street in Flatiron District, Manhattan, two-unit mixed-use building (K4) at 53 West 21st Street in Flatiron District, Manhattan, and…

Steven Neuman signs $25.8M refi with Hanover Capital for dev site in Harlem

Steven Neuman through the entity One45 Lenox LLC as borrower signed a refi loan with lender Hanover Capital through the entity One45 Hanover Lender LLC valued at $25.8 million for the development site at 104 West 145th Street in Harlem, Manhattan. The deal closed on October 9, 2025 and was recorded on October 14, 2025. The prior lender was ConnectOne Bank which held debt that…

Century Development Group signs $50M refi with Ponce for 294-unit hotel in Flushing

Century Development Group through the entity Cg & J Realty, LLC as borrower signed a refi loan with lender Ponce Bank through the entity Ponce Bank valued at $50 million for the 294-unit Westin hotel at 35-32 Leavitt Street in Flushing, Queens. The deal closed on October 6, 2025 and was recorded on October 14, 2025. The prior lender was Maxim Capital Group which held…

Bogopa Enterprises signs $90M refi with KeyBank for 233-unit mixed-used in Bedford Stuyvesant

Bogopa Enterprises through the entity Spenceran, Inc. as borrower signed a refi loan with lender KeyBank valued at $90 million for three the three commercial condominium units that make up the new construction, 233-unit mixed-use building at 1100 Myrtle Avenue in Bedford Stuyvesant, Brooklyn. The deal closed on October 7, 2025 and was recorded on October 14, 2025. The prior lender was Bogopa Enterprises which…

Leviathan Capital pays $3.55M for 2 mixed-use buildings in Williamsburg

Yaniv Cohen‘s Leviathan Capital paid $3.55 million for two adjacent mixed-use buildings in Williamsburg, at 157 and 159 Havemeyer Street, which had been owned by the same family for 55 years and 48 years, respectively. The sellers are the heirs of children’s clothing retailer Natan Borlam. Borlam purchased 157 Havemeyer Street for $15,000 in February 1969 and later purchased 159 Havemeyer Street in March 1977…

Greenbrook, Carlyle pay $2.4M to Joseph Yaakovzadeh for 3-family in Bushwick

Greenbrook Partners and Carlyle Group through the entity Townhouse Rental Ii, L.L.C. paid $2.4 million to Joseph Yaakovzadeh through the entity Gates Stones And Bricks LLC for the three-unit 1-4 family building (C0) at 1116 Gates Avenue in Bushwick, Brooklyn. The expected use is cash flowing. The deal closed on October 10, 2025 and was recorded on October 14, 2025. The property has 3,300 square…

8-unit Brooklyn Heights walkup sells for $4.3M

The Arlia family paid $4.3 million to Di Chiara Associates for the eight-unit residential walkup building (C1) at 107 Willow Street in Brooklyn Heights, Brooklyn. The expected use is cash flowing. The deal closed on October 3, 2025 and was recorded on October 14, 2025. The property has 4,070 square feet of built space and 345 square feet of additional air rights for a total…

Amerasia Bank pays $6.5M to buy its headquarters in Bayside

Amerasia Bank paid $6.5 million to Vision Enterprises Management through the entity Sheridan Ave. LLC for the office building (O7) at 214-01 Northern Boulevard in Bayside, Queens, it now occupies, and five parcels that make up a surface parking lot including the parking parcel (G7) at 43-25 214th Place, across the street from the bank building. The deal closed on September 30, 2025 and was…

Family of Verdi’s catering hall pays $7.3M for 38-unit walkup in Astoria

The family of Verdi’s catering hall represented by Giovanni Sacco through the entity VDI Land Corp. paid $7.3 million to the Rizzuto and Battiggi families through the entity Battiggi Asset Management Trust for the 38-unit residential walkup building (C1) at 29-06 Crescent Street in Astoria, Queens. The expected use is cash flowing. The deal closed on October 8, 2025 and was recorded on October 14,…

Jing Chen pays $7.4M for industrial in Greenpoint

Jing Chen through the entity Jin Lin Realty, LLC paid $7.4 million to Vincent Buzzetta through the entity V & M Buzzetta Realty Corp. for the industrial building (E1) at 86 Apollo Street in Greenpoint, Brooklyn, industrial building (E2) at 84 Apollo Street in Greenpoint, Brooklyn, and industrial building (E1) at 88 Apollo Street in Greenpoint, Brooklyn. The deal closed on October 1, 2025 and…

Joseph Lebovits pays $42.3M to Shiya Labin for office in Bensonhurst

Joseph Lebovits through the entity 15th Avenue Realty, LLC paid $42.3 million to Shiya Labin through the entity 6201 BSD LLC for the office building (O5) at 6201 15th Avenue in Bensonhurst, Brooklyn and a parking lot across the street at 6310 15th Avenue The expected use is cash flowing. The deal closed on September 30, 2025 and was recorded on October 14, 2025. The…

Lender Thorofare acquires ground lease valued at $27.8M from KPG for high-end office in Greenwich Village

Thorofare Capital through the entity Thorofare Reit V Cnb, LLC acquired a ground lease from KPG Funds through the entity 132 West 14th Street Ground Lessee Holdings LLC valued at $27.7 million that controls a nearly complete high-end office building renovation (O6) at 132 West 14th Street in Greenwich Village, Manhattan. The transfer closed on August 18, 2025 and was recorded on October 14, 2025….