Kings Capital
146 West 29th Street # 8E, New York, NY 10001
People:
Kings Capital portfolio
$37.5 million* – walkup 42%, elevator 32%; Manhattan 82%, Brooklyn 17%
1147th largest portfolio by dollar value
100,731 sqft – elevator 44%, walkup 43%;
1920th largest by SF
10 properties – Manhattan 60%, Brooklyn 40%
842th largest
114 residential units – Manhattan 74%, Brooklyn 25%
1317th largest by residential units
Company Activity past 24 months:
Buyer company: 6 for $31.6 million
Seller company: 1 for $11.8 million
Borrower company: 3 for $40 million
Top Ten Associated Companies:
Webster Bank (4), Prakash C. Sinha (2), Chestnut Holdings (1), Jacob Ayoub (1), Joseph Ayoub (1), Joyce Ayoub (1), Brooklyn Law School (1), Sheridan Albert (1), Carlyle Group (1), Greenbrook Partners (1)
Top Ten Associated People:
Daniel Wiener (1), Jacob Ayoub (1), Joseph Ayoub (1), Joyce Ayoub (1), Michael Gerber (1), Lisa Congemi-Doutney (1), Prakash C. Sinha (1), Carter Martin (1), Anthony Simari (1), Elyse Mara Grundwerg Berger (1)
Recent activity as company:
• Richard Scheiner sold 404 West 51st Street and 406 West 51st Street, Hell’s Kitchen, Manhattan for $7.6 million to Kings Capital on January 07, 2025.
• Kings Capital sold 356 West 48th Street, Hell’s Kitchen, Manhattan for $11.8 million to David Chang on December 17, 2024.
• Kings Capital borrowed $16 million from Derby Copeland Capital for 359 West 48th Street, Hell’s Kitchen, Manhattan on July 02, 2024.
• Bank of China sold 357-365 West 48th Street, Hell’s Kitchen, Manhattan for $12.5 million to Kings Capital on July 02, 2024.
• Kings Capital borrowed $15.2 million from Webster Bank for 150 Clinton Street, 148 Clinton Street, and 176 Atlantic Avenue, Brooklyn Heights, Brooklyn on May 15, 2024.
• Grundwerg Family LP sold 43 West 8th Street, Greenwich Village, Manhattan for $4.1 million to Kings Capital on March 28, 2024.
• Prakash C. Sinha sold 109 East 29th Street, NoMad, Manhattan for $3.2 million to Kings Capital on January 16, 2024.
• Prakash C. Sinha sold 109 East 29th Street, NoMad, Manhattan for $0 to Kings Capital on December 14, 2023.
• Jacob Ayoub, Joseph Ayoub and Joyce Ayoub sold 176 Atlantic Avenue, Cobble Hill, Brooklyn for $4.2 million to Kings Capital on May 25, 2023.
• Kings Capital borrowed $8.8 million from Webster Bank for 140 Mulberry Street, Little Italy, Manhattan on April 11, 2023.
Latest Stories:
• Kings Capital pays $7.6M for two properties in Hell’s Kitchen (January 08, 2025)
• Kings Capital pays $4.1M for 6-unit in Greenwich Village (March 29, 2024)
• Kings Capital pays $3.4M for 7-unit mixed-use in NoMad (January 05, 2024)
• Kings Capital pays $4.2M to Ayoub family for mixed-use in Cobble Hill (May 26, 2023)
• Northwind Group files pre-foreclosure citing $17.7M debt in NoMad (February 01, 2023)
• Kings Capital pays $9.6M for Brooklyn Law School walkups in Brooklyn Heights (October 18, 2022)
• Carlyle Group ups walkup debt to $500M with Invesco for 39 properties in NYC (July 19, 2022)
• Chestnut Holdings pays $2.6M for rental in Hell’s Kitchen (November 01, 2021)
Properties: