Jacob Rosenberg through the entity 2730 Atlantic Partners LLC paid $3.65 million to Michael DiLorenzo through the entity 2732 Atlantic Ave. Holding Corp. for the store building 2730 Atlantic Avenue and the industrial buildings at 2732 to 2734 Atlantic Avenue in East New York, Brooklyn. The buyer made the purchases in two transactions, one for $2.85 million for 2732 to 2734 Atlantic Avenue and the…
Penn South Capital through the entity 175 S 4 RLA LLC paid $3.1 million to Abraham Bernat through the entity 175 South 4th LLC for the four-unit building (C3) at 175 South 4th Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on January 14, 2025 and was recorded on January 21, 2025. The property has 3,520 square feet of built…
The Japan-based Takeda Kosan Co. paid $13 million to the entity 113 East 29 LLC, registered at the law firm D5 Law Office, for the four-unit mixed-use building (S4) at 113 East 29th Street in NoMad, Manhattan. The expected use is cash flowing. The deal closed on December 23, 2024 and was recorded on January 21, 2025. The property has 5,240 square feet of built…
UPDATED, 5:15 a.m., January 23, 2025: Suren Gabriel and Arthur Gabriel, who are partners at the Rockville Centre-based Gabriel Law law firm, through the entity 182 Eagle St Realty LLC paid $13.3 million to Shiya Labin and Morris Meisels through the entity Eagle BSD LLC for the 24-unit residential elevator building (D7) at 182 Eagle Street in Greenpoint, Brooklyn. The expected use is cash flowing….
Nightingale-Bamford School, a private girls school based in Carnegie Hill, paid $17.25 million to Ross & Ross LLC through the entity Ross & Ross LLC for the 11 properties including the office building (O5) at 181 East 108th Street, the industrial building (G7) at 159 East 108th Street and the industrial building (G7) at 163 East 108th Street in East Harlem, Manhattan. The expected use…
David Horton through the entity Hortin Corporation as borrower signed a refi loan with lender JPMorgan Chase valued at $5.5 million for the 63-unit residential walkup building (C1) at 1040 Bushwick Avenue in Bushwick, Brooklyn. The deal closed on December 30, 2024 and was recorded on January 17, 2025. The prior lender was Santander Bank which held debt that had an original loan amount of…
Peak Capital Advisors through the entity 230 72nd Owner 2 LLC as borrower signed a acquisition loan with lender KeyBank through the entity Keybank National Association valued at $6.3 million for the seven-unit residential elevator building (D7) at 230 West 72nd Street in Lincoln Square, Manhattan. The deal closed on December 31, 2024 and was recorded on January 17, 2025. The prior lender was Derby…
Chung Lam through the entity Hillside 168 Inc. as borrower signed a refi loan with lender Man Lam through the entity Ligom LLC valued at $21.4 million for the 80-unit residential elevator building (D6) at 148-18 Hillside Avenue in Jamaica, Queens. On the lot, there is one active new building construction project, 421532755, for an 80-unit, 79,480 square-foot residential (R-2) building. The project was submitted…
B Square Realty through the entity BS LIC Realty LLC as borrower signed a new construction loan with lender Ponce Bank valued at $33 million for the development site (V1) at 42-38 27th Street in Long Island City, Queens. On these lots, there is one active new building construction project, Q00710146, for a 56-unit, 50,706 square-foot residential (R-2) building. The project was submitted by Hang…
Energy Plus NY Inc. through the entity Mlfl LLC paid $3 million to BNS Real Estate through the entity N.Y. Atlantic Inc. for the industrial building (G1) at 65 New York Avenue in Crown Heights, Brooklyn. The expected use is owner-occupied. The deal closed on January 6, 2025 and was recorded on January 17, 2025. The property has 11,626 square feet of built space and…
Lev Wolkowicki through the entity Sanford Realty Management LLC bought through a bankruptcy sale the 80-unit residential elevator building (D1) at 143-30 Sanford Avenue in Flushing, Queens. The expected use is cash flowing. The former owner was to Vincent Garofalo who placed the property in bankruptcy in 2023. The transfer price on the sale was $3.08 million, and at the same time Lev Wolkowicki obtained…
BX Realty Mgmt Inc. through the entity 34th Avenue LLC paid $5.3 million to Jill Marquardt-Scola through the entity Amore Apartments LLC for the 28-unit residential walkup building (C1) at 34-11 34th Avenue in Astoria, Queens. The expected use is cash flowing. The deal closed on January 9, 2025 and was recorded on January 17, 2025. The property has 22,820 square feet of built space…
Urban Realty Partners through the entity Wythe Gem LLC paid $17.2 million to Corzo Contracting Co. Inc. through the entity Corzo Maintenance Co., Inc. for the development parcel at 168 Banker Street in Greenpoint, Brooklyn. The expected use is ground up development. The deal closed on January 9, 2025 and was recorded on January 17, 2025. The property has zero square feet of built space…
Chess Builders through the entity West 49 Realty LLC paid $30 million to Hakimian Organization through the entity 250 West 49 Associates, LLC for the 135-unit development site (V1) at 244 West 49th Street in Midtown West, Manhattan. The expected use is ground up development. On the lot, there is one active new building construction project, M00630979, for a 255-foot-tall, 96,334-square-foot, 135-unit residential (R-2) building….
Acadia Realty Trust through the entity 106 Spring Retail Owner LLC purchased from Paceline Equity Partners through the entity Soho Operating Company, LLC a retail cooperative unit valued at $55 million in the 10-unit residential elevator building (D4) at 106 Spring Street in SoHo, Manhattan. The deal closed on January 9, 2025 and was recorded on January 17, 2025. The seller bought the property on…
Fast fashion retailer, UNIQLO Co. through the entity UNIQLO USA LLC paid $355 million to Vornado Realty Trust through the entity Green Acres 666 Fifth Retail Eat Tic Owner LLC for a 17,295-square-foot retail condominium unit at 660 Fifth Avenue in Midtown West, Manhattan. The expected use is owner-occupied. Since 2011, UNIQLO has owned another retail condominium unit in the building, which has long been…
Tim Ziss, president of Allied Properties, filed a chapter 11 bankruptcy petition with the goal of keeping him in operational control of a new construction medical office building at 437 88th Street in Bay Ridge, Brooklyn. In the petition, he values the real estate in its current state at $33.3 million, and as much as $39.8 million when fully leased out. Tim Ziss is the…
Joel Waldman and Leah Waldman through the entity 53 E 177 Holdings LLC as borrower obatained a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $27 million for the 81-unit residential elevator building (D7) at 53 East 177th Street in Mt Hope, Bronx. The deal closed on January 10, 2025 and was recorded on January 16, 2025. The…
CB Developers and SK Development through the entity Cbwb Bkln Fee LLC as borrower signed a refi loan with lender JPMorgan Chase and Citibank valued at $76 million for the Pod Brooklyn Hotel at 247 Metropolitan Avenue in Williamsburg, Brooklyn. CB Developers and SK Development often partner with a joint venture called CBSK Developers. The deal closed on December 30, 2024 and was recorded on…
The entity 343 Lex Ave LLC paid $6.3 million to Issembert Companies through the entity Clover 2 LLC for the office building (O5) at 343 Lexington Avenue in Murray Hill, Manhattan. The deal closed on November 26, 2024 and was recorded on January 16, 2025. The property has 7,343 square feet of built space and 9,262 square feet of additional air rights for a total…
