Alchemy Ventures
160 Broadway, Suite 501 New York, NY 10038
People:
Alchemy Ventures portfolio
$86.9 million* – walkup 70%, elevator 14%; Brooklyn 69%, Manhattan 29%
631th largest portfolio by dollar value
344,270 sqft – walkup 80%, elevator 10%;
831th largest by SF
42 properties – Brooklyn 85%, Manhattan 11%
239th largest
386 residential units – Brooklyn 80%, Manhattan 17%
543th largest by residential units
Company Activity past 24 months:
Buyer company: 4 for $56.9 million
Seller company: 1 for $6 million
Borrower company: 2 for $17.1 million
Top Ten Associated Companies:
Alcion Ventures (8), Marisa Bonnet (3), Fortress Investment Group (2), Giblin, Frances (1), George Manassa (1), Mahbub U. Rahman (1), Millicent Comrie (1), Howard Hershkovich (1), Stephen Schipani (1), Brett Marvin (1)
Top Ten Associated People:
Eugene F. DelFavero (8), Marisa Bonnet (3), Giblin, Frances (1), George Manassa (1), Mahbub U. Rahman (1), Millicent Comrie (1), Howard Hershkovich (1), Stephen Schipani (1), Brett Marvin (1), Jacob Lang (1)
Recent activity as company:
• Alchemy Ventures borrowed $7.6 million from Citizens Bank for 251 Church Street, Tribeca, Manhattan on August 30, 2024.
• Randal Gindi and Zach Gindi sold 251 Church Street, Tribeca, Manhattan for $12.6 million to Alchemy Ventures on August 30, 2024.
• Alchemy Ventures borrowed $9.5 million from Greystone & Co. for 310 West 80th Street, Upper West Side, Manhattan on March 01, 2024.
• Susan Schwarz and Ira Schwarz sold 310 West 80th Street, Upper West Side, Manhattan for $11.2 million to Alchemy Ventures on March 01, 2024.
• Alchemy Ventures sold 260 President Street, Carroll Gardens, Brooklyn for $6 million to Carlyle Group and Greenbrook Partners on October 24, 2023.
• Henry Moses Jr. sold 139 East 13th Street, East Village, Manhattan for $6.9 million to Alchemy Ventures on July 06, 2023.
• AIR Communities sold 1691 2nd Avenue and 1693 2nd Avenue, Yorkville, Manhattan for $26.3 million to Alchemy Ventures and ABR Properties on July 05, 2023.
• Beth Honig sold 327 Henry Street, Cobble Hill, Brooklyn for $4.4 million to Alchemy Ventures on October 27, 2022.
• Alchemy Ventures sold 255 Troy Avenue, Crown Heights, Brooklyn for $1.4 million to Jacob Lang on October 11, 2022.
• Stephen Schipani and Brett Marvin sold 913 Union Street, Park Slope, Brooklyn for $3.9 million to Alchemy Ventures on September 14, 2022.
Latest Stories:
• RYCO Capital signs $78.7M refi for nine properties in Manhattan (March 21, 2024)
• Alchemy Ventures pays $11.2M to long-time owners for 36-unit UWS rental (March 04, 2024)
• Carlyle Group pays $6M to Alchemy Ventures for 5-unit walkup in Carroll Gardens (October 25, 2023)
• Alchemy Ventures pays $6.9M for 20-unit walkup in East Village (July 07, 2023)
• Alchemy Ventures pays $4.4M for residential walkup in Cobble Hill (October 28, 2022)
• Alchemy Ventures pays $3.9M for residential walkup in Park Slope (September 15, 2022)
Properties: