Transfers

The Japanese firm Azabu Building K.K. paid $5.5 million to Yoko Ono and Sean Oko Lennon through the entity Sekhmet Productions Inc. for the industrial building (F5) at 496 Broome Street in SoHo, Manhattan. Yoko Ono and John Lennon lived in the loft building in the 1970s before moving to the Dakota on Central Park West. The deal closed on October 7, 2024 and was…

Xiaojun Pan through the entity Dream Flushing Hotel, LLC paid $14 million to Chon Property through the entity Chon Property, Corp. for the hotel building (HB) at 137-72 Northern Boulevard in Flushing, Queens. The expected use is cash flowing. The deal closed on September 19, 2024 and was recorded on October 8, 2024. The property has 27,358 square feet of built space according to a…

UPDATED, 6:35 p.m., October 9, 2024: The entity MM Proton I Holdco, LLC, in care of Massachusetts-based Murphy & McManus, acquired an interest from Goldman Sachs through the entity Special Situations Investing Group II, LLC valued at $105 million for the cancer treatment building (I9) at 225 East 126th Street in East Harlem, Manhattan. The deal closed on August 20, 2024 and was recorded on October…

Peak Capital Advisors through the entity 819 Owner LLC paid $5 million to the entity 4 G Realty LLC for the six-unit mixed-use building (S9) at 511 9th Street in Park Slope, Brooklyn. The expected use is cash flowing. The deal closed on September 20, 2024 and was recorded on October 7, 2024. The property has 6,384 square feet of built space according to a…

David Yeroshalmi through the entity Melco Management LLC paid $6.3 million to Jenel Management through the entity Melrose 3rd Associates LLC for the office and retail building (O5) at 2865 3rd Avenue in Melrose, Bronx. The expected use is cash flowing. The deal closed on September 19, 2024 and was recorded on October 7, 2024. The property has 20,512 square feet of built space according…

Jewel Saeed through the entity Mass 21 St LLC paid $9.8 million to Jerome Yates and Michael Yates through the entity 36 Bruckner Associates LLC for the industrial building (E9) at 36 Bruckner Boulevard in Mott Haven, Bronx. On the lot, there is one active new building construction project, X01095874, for a 99-unit residential (R-2) building. The project was submitted by Arian Liton and filed…

Paulin Durgaj through the entity 112 East 167 Street LLC paid $10.2 million to Tresser Properties through the entity 167 Holding Corp. for the retail building (K1) at 112 East 167th Street in Concourse, Bronx. The expected use ground up development, based on the price per foot. The deal closed on September 26, 2024 and was recorded on October 7, 2024. The property has 9,375…

Beacon Communities and MBD Community Housing through the entity Bbm Brc LLC signed a 99-year ground lease valued at $34.3 million with the landlord, the New York City Housing Authority for the 307-unit residential elevator building (D1) at 3475 Bivona Street in Eastchester, Bronx, 231-unit residential elevator building (D3) at 3550 Bivona Street in Eastchester, Bronx, and 241-unit residential elevator building (D6) at 2440-2456 Boston…

Flagstar Bank filed an $11.8 million pre-foreclosure filing on October 3, 2024, alleging payment defaults for the loan that is secured by 820 West 181st Street in Washington Height, Manhattan. The bank filed the action in State Supreme Court in Manhattan. The borrower is an affiliate of the Edelstein family’s Edel Family Management. Case LINK Court filings represent the position of one party and are…

One-time hotel owner Shepard Morgan through the entity St. Claire Builders & Contractors, Ltd. as borrower signed a renovation construction loan with lender Low Income Investment Fund valued at $8 million to develop a women’s shelter at the former hotel building (H3) at 27 West 11th Street in Greenwich Village, Manhattan. This is a renovation and change in use of the Larchmont Hotel, a former…

Steven Wu through the entity 366 SW Realty Inc. paid $5.5 million to the estates of Bo Wing Tsao and Hor Suey Yee Tsao for the two-unit mixed-use building (S2) at 5713 8th Avenue in Sunset Park, Brooklyn. The expected use is cash flowing. The deal closed on September 13, 2024 and was recorded on October 4, 2024. The property has 3,135 square feet of…

Woodworker and tax partner at the law firm Cravath, Swaine & Moore, Ron Creamer, paid $5.8 million to the company Neo-Bauhaus Design Factory for the landmarked Montauk Paint Manufacturing Company Building (F5), at 170 Second Avenue in Gowanus, Brooklyn. The deal closed on September 25, 2024 and was recorded on October 4, 2024. The property has 13,968 square feet of built space according to a…

The bondholders of the CMBS trust Series 2020-SB80 by special servicer CWCapital Asset Management through the entity 300 West 114th Street Holdings, LLC acquired through a judicial foreclosure from former owner Sugar Hill Capital Partners the nine-unit residential walkup building (C7) at 300 West 114th Street in Harlem, Manhattan and nine-unit residential walkup building (C7) at 2107 8th Avenue in Harlem, Manhattan. The expected use…

Steven B. Elghanayan’s EPIC LLC through the entity Epic W12 LLC as borrower signed a refi loan with lender TD Bank valued at $53 million for the retail building (O5) at 410 West 13th Street in Meatpacking District, Manhattan. The deal closed on September 27, 2024 and was recorded on October 3, 2024. The prior lender was TD Bank which held debt that had an…