Transfers

Elizabeth Foundation For The Arts through the entity The Elizabeth Foundation For The Arts as borrower signed a refi loan with lender Nonprofit Finance Fund through the entity Nonprofit Finance Fund valued at $6.5 million for two office condominium units, and one retail unit, at 323 West 39th Street in Garment District, Manhattan. The deal closed on September 29, 2025 and was recorded on October…

Zihang Chen through the entity 39 Meserole St LLC as borrower signed a new construction loan with lender S3 Capital through the entity S3 Sb Real Estate Credit A Trust valued at $11.3 million for the industrial building (E1) at 37-41 Meserole Street in Williamsburg, Brooklyn. The deal closed on September 18, 2025 and was recorded on October 8, 2025. The property has 4,778 square…

Los Angeles property owner Cyrus Etemad through the entity Corvus Investment Inc. paid $7.8 million to Bray Kelly through the entity 6 East 2nd Street Property, LLC for the four-unit over retail building (C3) at 6 East 2nd Street in East Village, Manhattan. The expected use is cash flowing. The deal closed on October 1, 2025 and was recorded on October 9, 2025. The property…

An anonymous buyer in care of Arnold & Porter Kaye Scholer through the entity Penn 33rd LLC paid $36.9 million to Magna Hospitality Group through the entity Ny 33rd Leasehold LLC for the ground lease controlling the hotel building (H1) at 325 West 33rd Street in Penn Plaza, Manhattan. The expected use is cash flowing. This is the fourth of four hotels the anonymous buyer…

UPDATED 2:28 p.m., October 10, 2025: Arizona-based Silver Creek Development through the entity 2 West Street, LLC acquired through a $110 million bankruptcy transaction control of a hotel condominium unit at 2 West Street in Battery Park City, Manhattan. The expected use is cash flowing, with the new owners planning to re-opening a luxury hotel at the property, according to news reports. The sale was…

Ling Yan Jiang through the entity 333 First LLC paid $2.8 million to Glenn Konniuk through the entity 333 First Avenue, LLC for the six-unit mixed-use building (S5) at 333 First Avenue in Gramercy, Manhattan. The expected use is cash flowing. The deal closed on October 1, 2025 and was recorded on October 8, 2025. The property has 4,232 square feet of built space and…

Liberty One Group through the entity 7801 51st Owner LLC paid $3.7 million to Nicholas Protopapas and Emmanuel Mastromihalis for the industrial building (G2) at 78-01 51st Avenue in Elmhurst, Queens, adjacent to a school development site it already owns which was part of a $23.1 million purchase in 2014. On the adjacent site, Danny Turkel of Liberty One Group submitted a new building construction…

Chestnut Holdings of New York through the entity Woody Peak 1 LLC paid $3.9 million to Ronald Gilbert through the entity Jebs 900 LLC for the retail building (K1) at 900 Southern Boulevard in Longwood, Bronx. The expected use is cash flowing. The deal closed on September 30, 2025 and was recorded on October 8, 2025. The property has 8,327 square feet of built space…

Franco Sukaj and Nush Sukaj through the entity 2868 Jerome LLC paid $4.1 million to Heavenly Vision Christian Center for the church building (M1) at 2868 Jerome Avenue in Bedford Park, Bronx. The expected use is ground up development. The deal closed on September 29, 2025 and was recorded on October 8, 2025. The property has 4,600 square feet of built space and 29,514 square…

Edward Bergman through the entity 581 Second Avenue Associates LLC paid $6.2 million to Adam Mocio through the entity 581 2nd Ave, LLC for the six-unit mixed-use building (S5) at 581 Second Avenue in Kips Bay, Manhattan. The expected use is cash flowing. The deal closed on September 17, 2025 and was recorded on October 8, 2025. The property has 5,236 square feet of built…

Zihang Chen through the entity 39 Meserole St LLC paid $6.4 million to Sun Choi Tsang through the entity Sunny Tsang LLC for the industrial building (E1) at 37-41 Meserole Street in Williamsburg, Brooklyn. The expected use is ground up development. The deal closed on September 18, 2025 and was recorded on October 8, 2025. The property has 4,778 square feet of built space and…

Sunlight Development through the entity Farrington Capital LLC paid $6.9 million through a real estate owned to Amerasia Bank through the entity Amerasia Holdings LLC for a mixed-use building with two commercial spaces, eight residential units and a parking condo unit at 134-38 35th Avenue in Flushing, Queens. The deal closed on September 29, 2025 and was recorded on October 8, 2025. The 11 tax…

The nonprofit educational organization Renaissance Youth Center paid $7 million to Pillar Property Management through the entity 167-168 Third Avenue LLC for the educational building (W9) at 3485-3489 3rd Avenue in Morrisania, Bronx. The expected use is owner-occupied. The deal closed on September 25, 2025 and was recorded on October 8, 2025. The property has 33,500 square feet of built space according to a PincusCo…

Ben Shaoul’s Magnum Real Estate Group through the entity 6 Greene Street MREG LLC acquired a 75 percent interest from Arbor Realty Trust through the entity Amac Canal Holdings LLC in the 12-unit residential elevator building (D5) at 6 Greene Street in SoHo, Manhattan, valued at $19.5 million. The building at the corner of Canal Street has an alternate address of 329 Canal Street. At…

Karan Singh as manager of three Astoria, Queens, rental buildings owned by Rajmattie Persaud, filed a chapter 11 bankruptcy petition yesterday to fend off a foreclosure action that Fannie Mae filed in March 2025 alleging the $34.7 million loan secured by the buildings was in default. The three buildings with a total of 128 residential units and several commercial units are 21-80 38th Street, 23-05…