Endi Ulaj through the entity 5073 Holdings LLC paid $3.1 million to the entity 5073 Broadway Real Estate Holding, Corp. for the office building (O2) at 5073 Broadway in Inwood, Manhattan. The deal closed on August 20, 2025 and was recorded on August 27, 2025. The property has 13,500 square feet of built space and 7,500 square feet of additional air rights for a total…
Minerva Development through the entity 362 Clinton LLC paid $4.7 million for the three-unit (C0) at 362 Clinton Street in Cobble Hill, Brooklyn. The expected use is renovation and leasing. The deal closed on August 18, 2025 and was recorded on August 27, 2025. The property has 3,800 square feet of built space and 2,275 square feet of additional air rights for a total buildable…
Sammie Sarfaty and Yonatan Sarfaty through the entity 2600 Flatbush LLC paid $3.3 million to the Jamal family’s Icer Properties through the entity SLJ of Flatbush LLC for the retail building (K1) at 2600 Flatbush Avenue in Marine Park, Brooklyn. The expected use is cash flowing. The deal closed on August 14, 2025 and was recorded on August 27, 2025. The property has 11,149 square…
Eili Blaleh through the entity Bh 112 North 7th Street Realty LLC paid $3.8 million to Avraham Feldman through the entity 112 North 7th LLC for the five-unit residential walkup building (C2) at 112 North 7th Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on August 18, 2025 and was recorded on August 27, 2025. The property has 2,850 square…
Yitzchok Katz through the entity 172 Third Ave LLC paid $15.2 million to Dominick Cappolla Jr. through the entity Domal Transportation, Inc. for the industrial building (E1) at 264 Butler Street in Gowanus, Brooklyn. The expected use is ground up development. This purchase is adjacent to 172 3rd Avenue which Katz bought in November 2024 for $22 million. The deal closed on August 19, 2025…
India-based Reliance Industries through its division RIL USA Inc. paid $17.4 million to an affiliate of Robert J. Pera through the entity RJP NY Property Holdco LLC for the mixed-use office building (O2) at 11 Hubert Street in Tribeca, Manhattan, that was being marketed as a townhouse. The seller filed plans in 2019 to construct a five-story single-family mansion at the site, but the plans…
Domain Companies, and LMXD through the entity GPLC Owner LLC bought a 76 percent stake worth approximately $122 million in a Greenpoint, Brooklyn, development site valued at $160 million, from the Park Tower Group through the entity Greenpoint Riverview Associates, L.L.C. The expected use is ground up development. Park Tower Group remains a member of the joint venture. The joint venture partners plan to build…
Li Ping Wang through the entity 3218 L.L.C. paid $3 million to Tribeca Investment Group through the entity Brodgreen Associates, LLC for the retail condominium at 321 Greenwich Street in Tribeca, Manhattan. The deal closed on August 15, 2025 and was recorded on August 22, 2025. The property has 4,428 square feet of built space according to a PincusCo analysis of city data. The sale…
Avraham Azoulay through the entity 180 12 St LLC paid $2.4 million for the development site at 180 12th Street in Gowanus, Brooklyn. On the lot, there is one active new building construction project, B01229848, for a eight-unit, 5,993 square-foot residential (R-2) building. The project was submitted by Avraham Azoulay under the name Avi Azoulay with plans filed May 27, 2025 and it has not…
Eden Ashourzadeh through the entity 785 Franklin LLC paid $2.5 million through an estate sale for the five-unit mixed-use building (S9) at 785 Franklin Avenue in Crown Heights, Brooklyn. The expected use is cash flowing. The deal closed on August 19, 2025 and was recorded on August 26, 2025. The property has 6,000 square feet of built space and 3,788 square feet of additional air…
ZD Jasper Realty through the entity 3720 Crescent LLC as borrower signed a new construction loan with lender BridgeCity Capital through the entity Bridgecity Hilltop LLC valued at $20.5 million for the industrial building (G7) at 37-20 Crescent Street in Long Island City, Queens. The deal closed on August 15, 2025 and was recorded on August 26, 2025. The prior lender was Pacific National Bank…
Smith & Henzy Affordable Group through the entity 1711 Fulton Redevelopment, LLC as borrower signed a rehab construction loan with lender NYS Housing Finance Agency through the entity New York State Housing Finance Agency valued at $58.1 million for the 287-unit residential elevator building (D1) at 88-132 Chauncey Street in Bedford Stuyvesant, Brooklyn. The deal closed on August 7, 2025 and was recorded on August…
Michael Evar through the entity 1098 Manhattan Ave LLC paid $3.8 million to Jacome Family for the five-unit mixed-use building (S5) at 1098 Manhattan Avenue in Greenpoint, Brooklyn. The deal closed on August 1, 2025 and was recorded on August 26, 2025. The property has 4,124 square feet of built space and 5,875 square feet of additional air rights for a total buildable of 10,000…
Baruch Schwartz through the entity 257 W17 Ep LLC paid $5.9 million to World Wide Group through the entity 257 Associates Borrower LLC for the retail condo at 257 West 17th Street in Chelsea, Manhattan. The expected use is cash flowing. The deal closed on August 25, 2025 and was recorded on August 26, 2025. The property has 6,997 square feet of built space according…
CW Realty Group along with affiliates of Rabsky Group, through the entity Empire Mckeever Heights LLC paid $42.5 million to A&H Acquisitions through the entity Empire Boulevard Holdings LLC for the development site at 73-97 Empire Boulevard in Crown Heights, Brooklyn. The expected use is ground up development. The purchase was financed with a $43.5 million loan from S3 Capital. The deal closed on August…
Montperia Group through the entity 11-11 LIC Development, LLC as borrower signed a refi loan with lender Ponce Bank through the entity Ponce Bank valued at $20 million for the hotel building (H2) at 38-70 12th Street in Long Island City, Queens. The deal closed on July 30, 2025 and was recorded on August 21, 2025. The prior lender was Castellan Capital which held debt…
Joseph Kalimian paid $5 million to Russell Abramson for retail in the Queens neighborhoods of Sunnyside and Murray Hill in two separate transactions. In the first, Joseph Kalimian through the entity Proud Group LLC paid $2.5 million to Russell Abramson through the entity Biart Realty Corp for the retail building (K1) at 43-01 Greenpoint Avenue in Sunnyside, Queens. The deal closed on August 11, 2025…
Gold Hat Realty, founded by long-time Atkins & Breskin co-managing partner Jerry Atkins, through the entity 88-05 Realty 1031, LLC paid $3.4 million to Solomon Landau through the entity 8805 NY LLC for the industrial building (F9) at 88-05 76th Avenue in Glendale, Queens. The deal closed on August 11, 2025 and was recorded on August 21, 2025. The property has 11,250 square feet of…
Aareal Capital filed a $60 million pre-foreclosure action in New York State Supreme Court in Manhattan this week alleging a maturity default at the hotel building at 960 Sixth Avenue, that has an alternate address of 71 West 35th Street, in the Garment District, Manhattan. The building owners, Victor Tawil of BX Capital and Elyahu Cohen, are battling their main tenant in the building, LuxUrban…
DLJ Real Estate Capital Partners sold the Nine Orchard Hotel at 9 Orchard Street with an alternate address of 60 Canal Street for $92 million to MML Hospitality, based in Austin, Texas. The Feed Me blog first reported that MML Hospitality was the buyer, but did not disclose a price. DLJ Real Estate Capital Partners bought the property in 2012 for $5.3 million. The S….
