Richard Talmadge through the entity 120 Wooster LLC as borrower signed a refi loan with the family-affiliated lender Tri-Star Funding through the entity Tri-Star Funding Corp valued at $30 million for the office and retail building (O5) at 120 Wooster Street in SoHo, Manhattan. The deal closed on August 25, 2025 and was recorded on August 29, 2025. The prior lender was Bank of New…
Shlomo Karpen through the entity Cedar Tower LLC as borrower signed a refi loan with lender Newmark through the entity Berkeley Point Capital valued at $70.8 million for the 139-unit residential elevator building (D3) at 60 Cedar Street in Bushwick, Brooklyn. The deal closed on August 19, 2025 and was recorded on August 29, 2025. The prior lender was Popular Bank which held debt that…
Alfred Basal through the entity Clarendon Plaza LLC acquired from Bluejay Management’ entity 2802 Clarendon Partners LLC through a $2.3 million short sale, the 38-unit residential walkup building (C1) at 2802 Clarendon Road in East Flatbush, Brooklyn. The expected use is cash flowing. The deal closed on August 14, 2025 and was recorded on August 29, 2025. The property has 32,800 square feet of built…
The nonprofit anti-violence organization Malikah Inc. through the entity Malikah Inc. paid $2.6 million to Malika Hamirani through the entity 3202 45th Street LLC for the mixed-use building (K2) at 44-18 Broadway in Astoria, Queens. The expected use is owner-occupied. The deal closed on August 1, 2025 and was recorded on August 29, 2025. The property has 4,037 square feet of built space and 975…
Baker Capital Group through the entity 906 Summit Realty LLC paid $2.6 million to Jimmy Kwong through the entity 906 Summit, Inc. for the 16-unit residential walkup building (C1) at 906 Summit Avenue in Highbridge, Bronx. The expected use is cash flowing. The deal closed on August 15, 2025 and was recorded on August 29, 2025. The property has 14,175 square feet of built space…
The child-development and recreation nonprofit Police Athletic League paid $6 million to Jonas Equities through the entity 452 Pennsylvania Avenue LLC for the school building (W9) at 452 Pennsylvania Avenue in East New York, Brooklyn. The expected use is owner-occupied. The deal closed on August 19, 2025 and was recorded on August 29, 2025. The property has 18,000 square feet of built space according to…
Morris Sabbagh through the entity Sabbagh Family LLC paid $6.3 million to CW Realty Group through the entity 447 Keap Street LLC for the six-unit mixed-use building (S5) at 447 Keap Street in Williamsburg, Brooklyn. The deal closed on August 15, 2025 and was recorded on August 29, 2025. The property has 7,644 square feet of built space and 3,877 square feet of additional air…
Venture One Real Estate through the entity Vk 89-02 Atlantic, LLC paid $10.7 million to Edward Rutkovsky through the entity Realex Development Corp. for the industrial building (F4) at 89-02 Atlantic Avenue and the industrial building (F5) at 94-33 89th Street in Ozone Park, Queens. The deal closed on August 21, 2025 and was recorded on August 29, 2025. The two properties have 31,595 square…
Artimus through the entity 1440 Owner LLC as borrower signed a refi loan with lender Bank Hapoalim valued at $220 million for the newly constructed 490-unit residential elevator building (D6) at 1440 Amsterdam Avenue in Harlem, Manhattan. The deal closed on August 14, 2025 and was recorded on August 28, 2025. The property has 468,706 square feet of built space according to a PincusCo analysis…
Romanoff Equities through the entity 817-33 Washington Street LLC as borrower signed a refi loan with lender M&T Bank through the entity Manufacturers And Traders Trust Company valued at $13 million for six retail properties including the mixed-use building (K4) at 817 Washington Street, the mixed-use building (K2) at 32 Little West 12th Street, and the retail building (K2) at 823 Washington Street in Meatpacking…
JSAF Capital through the entity 667 5th Ave Bk LLC paid $2.2 million to Firebird Grove through the entity Or 667 Fifth, LLC for the two-unit mixed-use building (S9) at 667 5th Avenue in Greenwood Heights, Brooklyn. The expected use is cash flowing. The deal closed on August 21, 2025 and was recorded on August 28, 2025. The property has 4,700 square feet of built…
Palwinder Singh through the entity 177 Wexford Terrace LLC paid $3.6 million to Ridwan Kabir through the entity Panchgaon Realty LLC. for the development lot (V0) at 177-06 87th Drive in Jamaica Estates, Queens. The expected use is ground up development. On the lot, there is a new building construction project, Q01049852, for a 36-unit, 27,878 square-foot R-2 building submitted by Ridwan Kabir and filed…
Elizabeth McDonald through the entity 64 1st Place LLC paid $5.3 million to Vicenzo Alcaras and David Alcaras through the entity Alcaras, David for the five-unit residential walkup building (C2) at 64 1st Place in Carroll Gardens, Brooklyn. The expected use is cash flowing. The deal closed on August 20, 2025 and was recorded on August 28, 2025. The property has 4,100 square feet of…
David Weisz through the entity Suw 4 LLC as borrower signed a refi loan with lender Newmark through the entity Berkeley Point Capital LLC valued at $21.3 million for the newly constructed 44-unit mixed-use building at 2177 60th Street in Borough Park, Brooklyn. The deal closed on August 18, 2025 and was recorded on August 28, 2025. The prior lender was Fulton Bank which held…
ZD Jasper Realty through the entity Zdj E 86 LLC as borrower signed a new construction loan with lender Madison Realty Capital through the entity 171 East 86th Street 1 LLC valued at $65.7 million for the 24-unit residential elevator building (D8) at 171 East 86th Street in Carnegie Hill, Manhattan. On the lot, there are two active new building construction projects and major alteration…
Atlas Capital Group through the entity Park Row Owner LLC as borrower signed a refi loan with lender TPG Real Estate Partners through the entity Treco Loan Origination Spv 35, LLC valued at $132.5 million for six properties with 322 residential units including the 239-unit rental condo at 15 Park Row in Financial District, Manhattan, 20-unit rental condo at 15 Park Row in Financial District,…
Hiwin Group USA through the entity Hw W 34th St LLC paid $6.6 million to the estate of Albert Bialek through the entity Penn Metro Associates LLC for the office building (O6) at 249 West 34th Street in Garment District, Manhattan. The expected use is ground up development. The deal closed on August 15, 2025 and was recorded on August 28, 2025. The property has…
Xin Capital Times Square paid $62 million to a joint venture of Blake Partners, Straus Group, and JAM Real Estate Partners for four commercial condominium units that make up the two buildings at 300 West 43rd Street and 303 West 42nd Street, in Hell’s Kitchen, Manhattan, in two transactions. The combined properties have 10,7342 square feet according to city records, yielding a sale price per…
Greenbrook Partners through the entity 557 5 Ave, LLC paid $2.9 million for the six-unit mixed-use building (K4) at 557 5th Avenue in South Slope, Brooklyn. The expected use is cash flowing. The deal closed on August 15, 2025 and was recorded on August 25, 2025. The property has 4,890 square feet of built space and 330 square feet of additional air rights for a…
Alon Ashourzadeh through the entity 197 Meserole LLC paid $1.9 million to the entity 197 Meserole Street Corp. for the five-unit mixed-use building (S5) at 197 Meserole Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on August 7, 2025 and was recorded on August 25, 2025. The property has 5,625 square feet of built space and 450 square feet of…
