Peter Zaharatos through the entity Sixty-One Sixteen Fifth Avenue LLC paid $2.3 million to the entity Piccolo Fiore Properties LLC for the four-unit mixed-use building (S9) at 7324 Third Avenue in Bay Ridge, Brooklyn. The expected use is cash flowing. The deal closed on October 10, 2024 and was recorded on October 18, 2024. The property has 3,600 square feet of built space according to…
Mendel Bar-Horin through the entity 4616-18 New Utrecht Ave LLC paid $2.6 million to Samuel Shlagbaum and Michael Fuchs through the entity 4618 New Utrecht Associates for the two, two-unit mixed-use buildings (S2) at 4616 and 4618 New Utrecht Avenue in Borough Park, Brooklyn. The expected use is cash flowing. The deal closed on October 10, 2024 and was recorded on October 18, 2024. The…
John D. Sullivan through the entity 308 East 49 Realty LLC paid $4.4 million to Louis Sabin and Sol Marc Klapholtz through the entity 308 East 49, LLC for the 12-unit residential walkup building (C7) at 308 East 49th Street in Turtle Bay, Manhattan. The expected use is cash flowing. The deal closed on August 28, 2024 and was recorded on October 18, 2024. The…
NYC Prime Properties through the entity 515 Dean Street Group LLC paid $5.6 million to Temple of Restoration through the entity The Temple Of Restoration for the specialty building (M1) at 515 Dean Street in Prospect Heights, Brooklyn. The expected use is conversion or new development. The deal closed on September 30, 2024 and was recorded on October 18, 2024. The property has 8,400 square…
Maxwelle Real Estate Group through the entity Maxwelle Capital, LLC bought a note with an original principal of $5.5 million from Comm 2014-UBS4 and servicer LNR Partners secured by Maxwelle Real Estate Group’s retail building (K2) at 357 West 16th Street in Chelsea, Manhattan. The deal closed on September 23, 2024 and was recorded on October 17, 2024. The property has 5,700 square feet of…
The Laboz family’s United American Land through the entity Thor 734 Broadway LLC as borrower signed a refi loan with lender Metropolitan Commercial Bank valued at $9 million for the five-unit office building (O5) at 734 Broadway in NoHo, Manhattan. The deal closed on October 10, 2024 and was recorded on October 17, 2024. The prior lender was Blackstone Group (as buyer of Signature Bank…
Moshe Braver of Bushwick Realty Holdings through the entity 147 St Holdings LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $46 million for two properties including the 117-unit residential elevator building (D3) at 95-22 147th Place in Jamaica, Queens completed August 29, 2024, and the mixed-use building (K4) at 95-09 Sutphin Boulevard in…
Sihwa Lee through the entity 5015 C&J LLC paid $3.5 million to Joseph Esses through the entity S&J Realty LLC for the retail building (K7) at 5015 Church Avenue in East Flatbush, Brooklyn. The expected use is cash flowing. The deal closed on September 4, 2024 and was recorded on October 17, 2024. The property has 8,569 square feet of built space according to a…
H. Weiss Machinery & Supply through the entity Ledo, Inc. paid $4.5 million to Albert Putre and Alois Putre Jr. for the the industrial buildings (F9) at 88-61 and 88-65 76th Avenue in Glendale, Queens. The expected use is owner-occupied. The deal closed on October 4, 2024 and was recorded on October 17, 2024. The two properties have 16,800 square feet of built space and…
Shuhua Wu through the entity 8 Ave Property Inc. paid $5 million to Lawrence Chan through the entity M&L Chan Corp. for the two-unit mixed-use building (S2) at 5814 8th Avenue in Sunset Park, Brooklyn. The expected use is cash flowing. The deal closed on October 7, 2024 and was recorded on October 17, 2024. The property has 3,800 square feet of built space and…
Maheshchand Ratanji through the entity American Dream II Hotel LLC paid $22 million to Rajendra R. Patel and Mamraben R. Patel through the entity Brooklyn Broadway Hotel LLC for the hotel building (H3) at 1090 Myrtle Avenue in Bedford Stuyvesant, Brooklyn. The expected use is cash flowing. The deal closed on October 9, 2024 and was recorded on October 17, 2024. The property has 41,212…
Lender CIM Group through the entity Crec 88 Tower (Intermediate), LLC acquired the office building (O6) at 88 University Place in Greenwich Village, Manhattan, through a UCC foreclosure from former owner Arch Companies’s entity 88 Tower LLC. The city transfer price was $48.6 million. The expected use is cash flowing. The deal closed on September 19, 2024 and was recorded on October 17, 2024. The…
UPDATED, 9:05 a.m., October 18, 2024: RXR Realty and Hudson Bay Capital through the entity RXR HBC 620 Investor JV LP recapitalized RXR Realty’s office condo at 620 Sixth Avenue in the Flatiron District of Manhattan and an adjacent loading dock, valued at $328.7 million, according to city property records recorded yesterday. The tax amounts on the filing indicate Hudson Bay Capital acquired a 54…
Maxim Properties through the entity Triple Five Holdings, L.L.C. as borrower signed a refi loan with lender Benmark Capital through the entity Benmark VNB Lender LLC valued at $14.5 million for the specialty 157-bed homeless shelter building (M1) run by Care for the Homeless at 476-486 Liberty Avenue in East New York, Brooklyn. The deal closed on October 1, 2024 and was recorded on October…
Bruman Realty through the entity Dean Holdings De LLC as borrower signed a refi loan with lender Greystone & Co. through the entity Greystone Select Company II LLC valued at $84 million for the 143-unit residential elevator building (D6) at 35 4th Avenue in Park Slope, Brooklyn. The deal closed on October 9, 2024 and was recorded on October 16, 2024. The prior lender was…
The Roman Catholica Archdiocese of New York as borrower signed a refi loan with lender Goldman Sachs through the entity Goldman Sachs Bank USA valued at $250 million for three properties including the hotel building (H1) at 455 Madison Avenue in Midtown East, Manhattan, office building (O5) at 457 Madison Avenue in Midtown East, Manhattan, and retail building (K2) at 35 East 50th Street in…
Omri Bar-Mashiah through the entity 350 Ps LLC paid $3.8 million for the four-unit 1-4 family building (C3) at 350 6th Avenue in Park Slope, Brooklyn. The expected use is cash flowing. The deal closed on September 18, 2024 and was recorded on October 16, 2024. The property has 4,125 square feet of built space according to a PincusCo analysis of city data. The sale…
Raimondo Zaytoune through the entity Charmland Realty LLC paid $3.9 million to Michael Green through the entity Pear Realty Corp. for the retail building (K1) at 2684 Coney Island Avenue in Sheepshead Bay, Brooklyn. The expected use is cash flowing. The deal closed on October 1, 2024 and was recorded on October 16, 2024. The property has 9,200 square feet of built space according to…
The Jewish nonprofit educational organization Congregation Machna Shalva through the entity 1450 62nd LLC paid $5 million to Louis Colacurto and Robert Colacurto through the entity Inco Automotive Industries Inc. for the single-story industrial buildings (G2) at 1450 and 1456 62nd Street in Bensonhurst, Brooklyn, adjacent to the congregation’s approximately 123,000-square-foot girls school building. The expected use of the newly purchased properties is ground up…
Anahid Hatzigeorgiou and Aristotle Hatzigeorgiou through the entity 159 Rivington LLC paid $5.4 million to George G. Mueller through the entity 159 Rivington Street, LLC for the four-unit mixed-use building (S4) at 159 Rivington Street in Lower East Side, Manhattan. The expected use is cash flowing. The deal closed on September 19, 2024 and was recorded on October 16, 2024. The property has 9,550 square…
