Transfers

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Slate signs $28.1M acquisition loan with White Oak for 11-unit rental in Tribeca

Slate Property Group through the entity 81 Franklin Street Owner LLC as borrower signed a refi loan with lender White Oak Financial through the entity White Oak Real Estate Capital Management Services, valued at $28.1 million for the 11-unit residential elevator building (D7) at 81-83 Franklin Street in Tribeca, Manhattan. Slate Property Group through the entity 81 Franklin Street Owner LLC paid $30 million to…

VAJA Group signs $31.5M refi with Amalgamated for 93-unit rental in Fordham Heights

VAJA Group through the entity Anthony Partners LLC as borrower signed a refi loan with lender Amalgamated Bank through the entity Amalgamated Bank valued at $31.5 million for the 93-unit residential elevator building (D1) at 2077 Ryer Avenue in Fordham Heights, Bronx. The deal closed on September 30, 2025 and was recorded on October 6, 2025. The prior lender was NorthEast Community Bank which held…

Palwinder Singh signs $20.5M refi for 49-unit, mixed-use in Jamaica

Palwinder Singh through the entity Priya LLC as borrower signed a refi loan with lender Wells Fargo through the entity Wells Fargo Bank, National Association valued at $20.5 million for the 49-unit mixed-use property at 88-11 179th Place in Jamaica, Queens. The deal closed on September 19, 2025 and was recorded on October 7, 2025. The prior lender was S3 Capital which held debt that…

Thor Equities signs $53.5M refi with Argentic for ModernHaus SoHo hotel

Thor Equities through the entity Thor James Hotel Leaseco LLC as borrower signed a refi loan with lender Argentic Investment Management through the entity Argentic Real Estate Investment 2 LLC valued at $53.5 million for two properties including the ModernHaus SoHo hotel building (HB) at 27 Grand Street in and retail building (K1) at 23 Grand Street in SoHo, Manhattan. The deal closed on September…

JAM Real Estate Partners pays $5.3M to Liberty Enterprises for 17-unit walkup in Yorkville

JAM Real Estate Partners through the entity Jam333e81 LLC paid $5.3 million to Liberty Enterprises through the entity 3m 81 LLC for the 17-unit residential walkup building (C1) at 333 East 81st Street in Yorkville, Manhattan. The expected use is cash flowing. The deal closed on September 25, 2025 and was recorded on October 7, 2025. The property has 9,070 square feet of built space…

Billionaire sells two UWS retail condos to undisclosed buyer for $14.375M

The billionaire biotech investor Wayne Rothbaum who invests through his company Quogue Capital, sold two Upper West Side retail condominium units at 210 West 77th Street and 221 West 77th Street, to an undisclosed buyer in care of the law firm Schwartz Sladkus Reich Greenberg Atlas, in two separate transactions. Both buildings were developed by the Naftali Group. In the first, the buyer through the…

Anonymous buyer pays $92M to Magna for hotel in Midtown West

An anonymous buyer in care of Arnold & Porter Kaye Scholer through the entity TSN 46th LLC paid $92 million to Magna Hospitality Group through the entity Ny 46 LLC for the Hilton Garden Inn New York Times Square North hotel building (H6) at 30 West 46th Street in Midtown West, Manhattan. The expected use is cash flowing. The deal closed on September 30, 2025…

Joel Schwartz signs $68.8M refi with Bank of America for 233-unit rental in East New York

Joel Schwartz through the entity 2700 Atlantic Ny LLC as borrower signed a refi loan with lender Bank of America valued at $68.8 million for the 233-unit residential elevator building (D6) at 2700 Atlantic Avenue in East New York, Brooklyn. The deal closed on August 29, 2025 and was recorded on October 6, 2025. The prior lender was Golden Bridge Funding which held debt that…

Mukhtar Chaudhry pays $3.2M for retail in Harlem

Mukhtar Chaudhry through the entity 535 Lenox Ave Corp. paid $3.2 million to the Catanzaro family through the entity 535 Lenox Realty Corp. for the retail building (K4) at 535 Lenox Avenue in Harlem, Manhattan. The expected use is cash flowing. The deal closed on September 25, 2025 and was recorded on October 6, 2025. The property has 1,713 square feet of built space and…

City Urban Realty pays $5.6M to Madison, CBSK for retail condo in SoHo

City Urban Realty through the entity 182 Spring Retail Owner 1 LLC paid $5.6 million to Madison Realty Capital, SK Development, and CB Developers through the entity Spring Street Owner LLC for the property at 83 Thompson Street in SoHo, Manhattan. The expected use is cash flowing. The deal closed on September 19, 2025 and was recorded on October 6, 2025. The property has 2,487…

Japanese investor pays $17M to Peak Capital Advisors for residential walkup in SoHo

The Japanese investment entity JP Real Estate Group Limited paid $17 million to Peak Capital Advisors through the entity 75 Thompson Sdp Owner LLC for the 22-unit residential walkup building (C7) at 75-77 Thompson Street in SoHo, Manhattan. The expected use is cash flowing. The deal closed on September 19, 2025 and was recorded on October 6, 2025. The property has 13,416 square feet of…

Slate Property Group pays $30M for 11-unit rental in Tribeca

Slate Property Group through the entity 81 Franklin Street Owner LLC paid $30 million to Francis Moezinia through the entity 355 E 173rd Street Owner LLC for the 11-unit residential elevator building (D7) at 81-83 Franklin Street in Tribeca, Manhattan. The expected use is cash flowing. The deal closed on September 26, 2025 and was recorded on October 6, 2025. The property has 25,738 square…

Summit, Savanna pay $41.7M to Westbrook for office, retail in Midtown East

Summit Properties and Savanna through the entity 444 Madison Ave, LLC paid $41.7 million to Westbrook Partners through the entity VII 444 Madison Lessee LLC for the office building (O4) at 444 Madison Avenue in Midtown East, Manhattan and retail building (K2) at 19 East 49th Street in Midtown East, Manhattan. The expected use is cash flowing. This is the purchase of a ground lease,…

Garment District hotel sells for $68.7M in opaque transaction, buyer borrows $68.35M

An anonymous buyer in care of Arnold & Porter Kaye Scholer through the entity TSS 8th LLC paid $68.7 million to an anonymous seller in care of Eckert Seamans Cherin & Mellott through the entity Lsch LLC D/B/A Lsch 8th Ave LLC for the 320-unit hotel building (H2) at 523-529 8th Avenue in Garment District, Manhattan. The expected use is cash flowing. The sale is…

Magna Hospitality Group sells hotel in Chelsea for $168.6M

An anonymous buyer in care of Arnold & Porter Kaye Scholer through the entity Mocha 24th LLC paid $168.6 million to Magna Hospitality Group through the entity Chelsea 24th Street LLC for the Motto by Hilton New York City Chelsea hotel building (H2) at 113 West 24th Street in Chelsea, Manhattan. The expected use is cash flowing. The deal closed on September 30, 2025 and…

Kushner Companies signs $17M refi loan with Citibank for retail in Nolita

Kushner Companies through the entity 285 Lafayette C2 LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc valued at $17 million for the retail condo at 285 Lafayette Street in Nolita, Manhattan. The deal closed on September 29, 2025 and was recorded on October 2, 2025. The prior lender was Axos Bank which held debt that…

Abraham Biller signs $14.7M construction loan for dev site in Claremont Village

Abraham Biller through the entity 1527 Morris Realty L.P. as borrower signed a new construction loan with lender NorthEast Community Bank valued at $14.7 million for a development site composed of five tax lots from 1517 to 1529 Morris Avenue in Claremont Village, Bronx. The deal closed on August 28, 2025 and was recorded on October 3, 2025. The five properties have 4,778 square feet…

MDG signs $448.7M rehab construction loan for Williamsburg Houses in Williamsburg

MDG Design + Construction through the entity Partnership Community Housing Development Fund as borrower signed a rehab construction loan with lender NYC Housing Development Corporation valued at $448.7 million for five properties with approximately 1,620 residential units including the 488-unit residential walkup building (C1) at 142 Leonard Street, the 490-unit residential walkup building (C1) at 226 Humboldt Street and the 474-unit residential walkup building (C7)…

Gazivoda Realty pays $5.2M for 56-unit rental in Norwood

Gazivoda Realty through the entity 3209 Decatur Realty LLC paid $5.2 million to Vito Manginelli through the entity 3209 Decatur LLC for the 56-unit residential elevator building (D1) at 3209 Decatur Avenue in Norwood, Bronx. The expected use is cash flowing. The deal closed on September 29, 2025 and was recorded on October 3, 2025. The property has 71,400 square feet of built space according…

Marvin Rubin pays $6M for dev site in Borough Park

UPDATED 12:50 p.m., October 9, 2025: Marvin Rubin through the entity Square 47 LLC paid $6 million for the industrial building (G7) at 1574 50th Street in Borough Park, Brooklyn. The expected use is ground up development. The deal closed on September 19, 2025 and was recorded on October 3, 2025. The property has zero square feet of built space and 12,169 square feet of…