Transfers

Watermark Capital Group and Borough Developers through the entity 649 Hart St LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $20 million for two properties including the two-unit retail building (O8) at 176 Central Avenue and the 38-unit building at 649 Hart Street in Brooklyn. The deal closed on November 15, 2024 and…

Blackstone Group through the entity B9 Zerega Owner LLC as borrower signed a refi loan with lender Morgan Stanley, Bank of America, Barclays, Goldman Sachs, and JPMorgan Chase valued at $26.8 million for the industrial building (E9) at 537 Zerega Avenue in Castle Hill, Bronx. The deal closed on November 8, 2024 and was recorded on November 19, 2024. The prior lender was Series 2020-VKNG…

Aron Stark through the entity 524 West 134th St LLC paid $6.8 million to Nathan Obstfeld through the entity 524 West 134th LLC for the 24-unit residential walkup building (C1) at 524 West 134th Street in Harlem, Manhattan. The expected use is cash flowing. The deal closed on October 31, 2024 and was recorded on November 19, 2024. The property has 15,370 square feet of…

Hotel owner Surjeet Kaur through the entity 78 Investors, LLC paid $6.8 million to the Koeppel family for the retail building (K1) at 78-17 Northern Boulevard and the retail building (K1) at 78-01 Northern Boulevard in Jackson Heights, Queens. PincusCo expects this will be a ground up development. The deal closed on November 4, 2024 and was recorded on November 19, 2024. The two properties…

Bnos Shifra through the entity Bnos Shifra Trust paid $6.8 million to Pirchei Shoshana through the entity Pirchei Shoshana, LLC for the retail building (K1) at 1462 39th Street in Borough Park, Brooklyn. The expected use is cash flowing. The deal closed on November 6, 2024 and was recorded on November 19, 2024. The property has 9,425 square feet of built space and 9,425 square…

Northwell Health through the entity Staten Island University Hospital paid $15.5 million to Rivercrest Realty Associates through the entity Seaview Dc, LLC for the office building (O1) at 500 Seaview Avenue in Midland Beach, Staten Island. The expected use is owner occupied. The deal closed on September 9, 2024 and was recorded on November 19, 2024. The property has 40,000 square feet of built space…

A Kassin Sabbagh Realty affiliate through the entity BK 38th Lender LLC acquired the 23-unit condominium building with retail and community facility at 142-28 38th Avenue in Flushing, Queens through a foreclosure auction. Kassin Sabbagh Realty won the auction with a credit bid of $23.5 million through a judicial foreclosure that followed a bankruptcy. The former owners included Ai Guang Chen and Jin Wu Yu….

Feil Organization through the entity 255 Mall LLC as borrower signed a refi loan with lender Mutual of Omaha through the entity United Of Omaha Life Insurance Co valued at $28 million for two retail properties including the retail building (K6) at 255-01 Union Turnpike and the retail building (K1) at 255-03 Union Turnpike in Glen Oaks, Queens. The deal closed on October 24, 2024…

Meshulem Twersky through the entity 31-61 Vernon Blvd LLC as borrower signed a refi loan with lender Golden Bridge Funding through the entity Golden Bridge R2 LLC valued at $28.5 million for two residential elevator properties with 102 residential units including the 51-unit residential elevator building (D3) at 31-59 Vernon Boulevard in Astoria, Queens and 51-unit residential elevator building (D3) at 11-24 31st Drive in…

Portfolio School through the entity North Moore Real Estate Group LLC paid $6.9 million to David Swersky through the entity S&S Investors Two LLC for the two commercial condominium units at 27 North Moore Street in Tribeca, Manhattan in two separate transactions. The expected use is owner-occupied. The Portfolio School’s affiliate Tribeca Community School occupies space in the building. The first deal closed on November…

Chestnut Holdings of New York through the entity 1964 Gc LLC paid $2.9 million to Elliot Wolbrom through the entity El-Wol Realty Corp. for the 35-unit residential elevator building (D7) at 1964 Grand Concourse in Mt Hope, Bronx. The expected use is cash flowing. The deal closed on November 7, 2024 and was recorded on November 18, 2024. The property has 32,000 square feet of…

Vista Property, with offices in New York, Chicago and London, through the entity 627 Avenue U LLC paid $4.5 million to Abraham Cohen and Jacob Tambor through the entity Ocean Villas II LLC for the development parcels (V0) at 617 and 629 Avenue U in Sheepshead Bay, Brooklyn. There are three other vacant lots that are part of the development site but not part of…

Avi Dishi’s Elysee Investment Corp through the entity Metropolitan Management LLC paid $5 million to Pan Am Equities through the entity Caroline Holdings, LLC for the retail condominium unit at 546 West 207th Street in Inwood, Manhattan. The expected use is cash flowing. The building is divided into two condominium units, the retail and a garage. The garage, owned by Related Companies, was not part…

Rockrose Development through the entity Linc Lic L.L.C. as borrower signed a refi loan with lender Wells Fargo valued at $249.4 million for the 709-unit residential elevator building (D6) at 43-10 Crescent Street in Long Island City, Queens. The deal closed on November 1, 2024 and was recorded on November 15, 2024. The prior lender was Series 2014-C19 which held debt that had an original…