Ruslan Musaev through the entity 40 East 20th LLC paid $3.1 million to Walter & Samuels through the entity Walsam 40 East 20 LLC for the retail condo at 40 East 20th Street in Flatiron District, Manhattan. The expected use is cash flowing. This is the fourth property Walter & Samuels has sold since March 2024. The deal closed on July 25, 2024 and was…
Erjon Pacaj through the entity West LLC paid $3.8 million to Robert Miller through the entity 610 W. 204th Realty Co., LLC for the 48-unit residential walkup building (C1) at 610 West 204th Street in Inwood, Manhattan. The expected use is cash flowing. The deal closed on July 12, 2024 and was recorded on August 7, 2024. The property has 35,000 square feet of built…
Developer Joel Schwartz through the entity 22 Frost St LLC paid $4.2 million to Jarrett Huddleston through the entity 22 Frost LLC for the development building (V1) at 22 Frost Street in Williamsburg, Brooklyn. The expected use is ground up development. The deal closed on August 1, 2024 and was recorded on August 7, 2024. The property has zero square feet of built space and…
Alembic Community Development through the entity HSVS Alembic Manager LLC acquired control from the Rabizadeh family and others through the entity 3rd Avenue Retail Enterprises LLC for the industrial building (G6) at 245 Clarkson Avenue in Prospect Lefferts Gardens, Brooklyn. The sale price was $10.5 million. The expected use is ground up development. The deal closed on August 2, 2024 and was recorded on August…
Sam Sprei through the entity 3052 Brighton Properties LLC paid $13.1 million to Madison Realty Capital through the entity 3052 Brighton St Owner LLC for the 41-unit residential elevator building (D7) at 3052 Brighton 1st Street in Brighton Beach, Brooklyn. The expected use is cash flowing. The deal closed on July 8, 2024 and was recorded on August 7, 2024. The property has 72,715 square…
The Srour family’s Jay Suites through the entity Jay On 38th Street, LLC paid $35 million to parnership for the office building (O6) at 8 West 38th Street in Grand Central, Manhattan. The expected use is cash flowing. The purchase was financed with a $19 million loan from Citibank. The deal closed on July 31, 2024 and was recorded on August 7, 2024. The property…
Florida billionaire Jeff Greene through the entity 62 Wooster, LLC as borrower signed a loan modification with lender Goldman Sachs through the entity Goldman Sachs Bank USA valued at $19 million for the seven-unit residential elevator building (D7) at 62 Wooster Street also known as 476 Broome Street in SoHo, Manhattan. The financing closed on July 26, 2024 and was recorded on August 6, 2024….
Sabah Shemel, David Shemel, and Danny Mashal through the entity Ka-No Realty, LLC (and others) as borrower signed a refi loan with lender JPMorgan Chase valued at $29 million for the 49-unit residential elevator building (D7) at 232 7th Avenue in Chelsea, Manhattan. The deal closed on August 2, 2024 and was recorded on August 6, 2024. The prior lender was Bank Hapoalim which held…
ABJ Properties paid $6.85 million to Related Companies for three residential walkups in Brooklyn at 32 Garnet Street, 132 Norman Street and 196 Sackett Street in three transactions. Related Companies bought the three buildings in 2015 for $10.8 million. In the first, ABJ Properties through the entity 32 Garnet LLC paid $2.7 million to Related Companies through the entity Nysandy8 Brooklyn 4 LLC for the…
Moishe Herman through the entity 596 E 170 St LLC paid $5 million to Atlantis Development through the entity East 170th Street Properties LLC for the 20-unit residential walkup building (C1) at 596 East 170th Street in Morrisania, Bronx. The expected use is cash flowing. The deal closed on July 16, 2024 and was recorded on August 6, 2024. The property has 13,080 square feet…
Ioannis Likidis through the entity Astoria Hoyt LLC paid $7 million to Helen Young through the entity Grecian Flame Realty Corp. for the mixed-use building (K2) at 25-02 31st Street in Astoria, Queens. The expected use is cash flowing. The deal closed on July 31, 2024 and was recorded on August 6, 2024. The property has 4,634 square feet of built space and 1,292 square…
Holliswood Development through the entity Edifice Columbia, LLC paid $7.1 million to Edward Lubin through the entity M.Lubin LLC for the nine-unit residential walkup building (C1) at 21 Columbia Place and the adjacent nine-unit residential walkup building (C1) at 19 Columbia Place in Brooklyn Heights, Brooklyn. The deal closed on July 30, 2024 and was recorded on August 6, 2024. The two properties have 8,924…
Piece of Cake Moving & Storage through the entity Group 24 46th Ave Realty LLC paid $12 million to Bonita Tarkenton through the entity 10-15 Realty, LLC for the storage building (F5) at 10-15 46th Avenue in Long Island City, Queens. The expected use is cash flowing. The deal closed on July 26, 2024 and was recorded on August 6, 2024. The property has 41,800…
Spatial Equity Co. and Community Access through the entity St Emeric Development II Housing Development acquired from the Roman Catholic Church of Saint Brigid and Saint Emeric the development site at 733 East 12th Street in the East Village, Manhattan. The expected use is ground up construction. The sale was financed with a $23 million purchase money mortgage from the Roman Catholic Church. The deal…
The Ohebshalom family’s Gatsby Enterprises through the entity Baba Village 10 LLC (and others) as borrower signed a refi loan with lender Flagstar Bank valued at $14.3 million for the 37-unit residential elevator building (D7) at 234 West 13th Street in West Village, Manhattan. The deal closed on July 23, 2024 and was recorded on August 5, 2024. The prior lender was Flagstar Bank which…
The Ohebshalom family companies Empire Management, Gatsby Enterprises, and Keystone Management through the entity 72nd Street Holding LLC (and others) as borrower signed a refi loan with lender Derby Copeland Capital through the entity CF Dcope Fin LLC valued at $15 million for the 88-unit residential elevator building (D6) at 244 West 72nd Street in Lincoln Square, Manhattan. The deal closed on July 26, 2024…
HCRE Hung & Chong Real Estate through the entity Winner Properties Management LLC as borrower signed a refi loan with lender Morgan Stanley through the entity Morgan Stanley Bank valued at $25 million for an office and a retail condominium unit at 42-35 Main Street in Flushing, Queens. The deal closed on July 31, 2024 and was recorded on August 5, 2024. The prior lender…
Mack Real Estate Group through the entity SM Wythe LLC as borrower signed a refi loan with lender JPMorgan Chase valued at $89 million for the 232-unit residential elevator building (D6) at 50 North 5th Street in Williamsburg, Brooklyn. The deal closed on July 29, 2024 and was recorded on August 5, 2024. The prior lender was MassMutual which held debt that had an original…
Legion Investment Group through the entity Madison Ave Owner LLC as borrower signed a new construction loan with lender Deutsche Bank through the entity Deutsche Bank Ag, New York Branch valued at $195.1 million for the 22-unit mixed-use project at 1124 Madison Avenue at the corner of East 84th Street in Carnegie Hill, Manhattan. On this site, there is one active new building construction project,…
Esat Gashi through the entity 96 East 208th Owners, LLC paid $2 million through an estate sale to Zef Dedaj and the estate of Pashko Dedaj through the entity G.N.Z. Holdings, LLC for the 21-unit residential walkup building (C1) at 96 East 208th Street in Norwood, Bronx. The expected use is cash flowing. The deal closed on July 24, 2024 and was recorded on August…
