Michael Alvandi

Owner

Person Activity past 24 months:

Buyer signatory: 3 for $17.6 million

Seller signatory: 3 for $15.6 million

Borrower signatory: 3 for $19.8 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Calmwater Capital (2), Northeast Bank (2), City Urban Realty (2), Ariel Zablozki (1), Adrian David Marantz (1), Zdzislaw Czerny (1), Antonio Sosa (1), Yitzchok Schwartz (1), Dai Park (1), Bankwell Bank (1)

Top Ten Associated People:

Michael Alvandi (2), Ariel Zablozki (1), Dagan LaCorte (1), Antonio Sosa (1), Dean Chang (1), Yitzchok Schwartz (1), Jason S. Park (1), Brian R. Doherty (1), Brian Doherty (1)

Recent activity as signatory:

City Urban Realty borrowed $5.9 million from Northeast Bank for 421 East 12th Street and 511 East 6th Street, East Village, Manhattan on December 27, 2024.

• Zdzislaw Czerny sold 511 East 6th Street, Alphabet City, Manhattan for $3.4 million to City Urban Realty on December 27, 2024.

• Zdzislaw Czerny sold 421 East 12th Street, East Village, Manhattan for $6 million to City Urban Realty on December 27, 2024.

City Urban Realty sold 385 Vernon Avenue, Bedford Stuyvesant, Brooklyn for $6.2 million to Yitzchok Schwartz on July 29, 2024.

City Urban Realty borrowed $7.5 million from Northeast Bank for 107 North 6th Street, Williamsburg, Brooklyn on February 02, 2024.

City Urban Realty borrowed $6.4 million from Bankwell Bank for 143 Berry Street, Williamsburg, Brooklyn on November 14, 2023.

Dai Park sold 143 Berry Street, Williamsburg, Brooklyn for $8.2 million to City Urban Realty on November 14, 2023.

Juan Lopez borrowed $0 from company for 701 Fulton Street, 451 Classon Avenue, 173 Lexington Avenue, and 703 Fulton Street, Fort Greene, Brooklyn on June 30, 2023.

City Urban Realty borrowed $9.7 million from Calmwater Capital for 95 North 6th Street, Williamsburg, Brooklyn on October 25, 2022.

Michael Alvandi filed plans for new building for 8,994 sqft in Williamsburg, Brooklyn, on October 14, 2022.

Latest Stories:

• Fort Greene, Bed Stuy properties in bankruptcy sell through $14.2M transfer January 03, 2025

• Yitzchok Schwartz pays $6.2M to City Urban Realty for 16-unit walkup in Bedford Stuyvesant July 30, 2024

• $17.7M bankruptcy filed for two East Village rentals February 22, 2024

• City Urban Realty pays $8.2M for mixed-use in Williamsburg November 15, 2023

• Unknown buyer acquires $7.7M note on Brooklyn properties in foreclosure July 03, 2023

• City Urban Realty signs $9.7M construction loan with Calmwater Capital for retail in Williamsburg October 26, 2022

• City Urban Realty pays $5.3M for mixed-use in Williamsburg October 12, 2022

• City Urban Realty pays $7.8M for specialty in Williamsburg May 13, 2022

• Namdar Realty Group buys $11.5M note on 4 Sassouni Mgmt East Village walkups February 25, 2022

• City Urban Realty borrows $9M from Signature Bank for multifamily property in Williamsburg June 09, 2020