Daniel Ilibassi and John Ilibassi through the entity Two By Four Realty LLC paid $5.8 million to Benjamin Soleimani of ABJ Properties through the entity 32 Ave A Holdings LLC for the three-unit mixed-use building (S3) at 32 Avenue A in Alphabet City, Manhattan. The expected use is cash flowing. The deal closed on October 16, 2024 and was recorded on October 29, 2024. The…
Roza Koyenova through the entity Frt Hamilton 6011 LLC paid $9.5 million to Leser Group through the entity 6011 Fort Hamilton Realty LLC for the mixed-use building (K4) at 6011 Ft Hamilton Parkway in Dyker Heights, Brooklyn. The expected use is cash flowing. The deal closed on October 15, 2024 and was recorded on October 29, 2024. The property has 18,000 square feet of built…
The fine art Skarstedt Gallery through the entity 547 West 25 Street LLC paid $13.2 million to Howard Read and John Cheim for the retail building (K1) at 547-549 West 25th Street in Chelsea, Manhattan. The expected use is cash flowing. The deal closed on October 11, 2024 and was recorded on October 29, 2024. The property has 5,891 square feet of built space and…
Rockfeld Group through the entity Three West 125th Street (DE), LLC as borrower signed a refi loan with lender JPMorgan Chase valued at $13.8 million for the mixed-use building (K2) at 1 West 125th Street in Harlem, Manhattan. The deal closed on October 22, 2024 and was recorded on October 28, 2024. The prior lender was Series 2014-C19 which held debt that had an original…
Madison International Realty through the entity FC Hanson Associates, LLC as borrower signed a refi loan with lender Citibank and Goldman Sachs through the entity Citi Real Estate Funding Inc. and Goldman Sachs Bank valued at $93 million for the retail condominium unit that is the Atlantic Terminal mall at 139 Flatbush Avenue in Fort Greene, Brooklyn. This is the Atlantic Terminal shopping mall. The…
Related Companies through the entity Gateway Center Properties Phase II Owner, LLC (and others) as borrower signed a refi loan with lender Bank of America valued at $300 million for 11 tax parcels that make up Gateway Center Brooklyn mall, including the retail (K6) at 410 Gateway Drive, the retail (K1) at 360 Gateway Drive and the retail (K1) at 590 Gateway Drive, all in…
Jacob Friedman through the entity Y & O Holdings LLC paid $2.5 million to Ronny Shmoel through the entity 1635 Realty LLC for the industrial building (E1) at 1629 Mcdonald Avenue in Midwood, Brooklyn. The expected use is cash flowing. The deal closed on September 10, 2024 and was recorded on October 28, 2024. The property has 4,145 square feet of built space and 1,255…
Kahen Properties through the entity Gramercy Third LLC paid $4.3 million to a trust for the late real estate investor Robinson Callen for the landmarked retail building (K2) at 190 Third Avenue in Gramercy, Manhattan. The property is an individual city landmark, which limits what the owner can do with the asset. The deal closed on October 22, 2024 and was recorded on October 28,…
Married medical doctors Olugbenga Dawodu and Omotola Dawodu through the entity 4020 10th Avenue LLC paid $4.5 million to Seaman Radio Dispatchers for the retail building (K4) at 4020 10th Avenue in Inwood, Manhattan. The expected use is cash flowing. The deal closed on September 26, 2024 and was recorded on October 28, 2024. The property has 6,586 square feet of built space and 9,125…
Aryeh Leibesh Singer and Rachel Singer through the entity 1675 63 St Holding LLC paid $10.6 million to the entity 1675 LLC for the industrial building (E1) at 1675 63rd Street in Bensonhurst, Brooklyn. The expected use is cash flowing. On the lot, there is one active new building construction project, B00971872, for a 42,032 square-foot 57 building. The project was submitted by Moshe Singer…
Paul Gjonaj and Vincens Gjonaj through the entity 1541 Williamsbridge Partners LLC paid $15.7 million to the Scharfman Organization through the entity 1541 Williamsbridge Realty LLC for the 125-unit residential elevator building (D3) at 1541 Williamsbridge Road in Morris Park, Bronx. The expected use is cash flowing. Mark Scharfman has had an ownership in the building since at least the mid 1970s, according to city…
The special servicer for a loan with an unpaid balance of just under $11 million filed a pre-foreclosure action alleging the owner of a retail and a commercial condominium unit at 240 Park Avenue South in the Flatiron District, Tessler Developments, has defaulted on loan payments. The special servicer, Rialto Capital Advisors, filed the complaint on October 25, 2024 in New York State Supreme Court…
Renaissance Realty Group through the entity 1646 Union LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $7.5 million for two residential walkup properties with 61 residential units including the 38-unit residential walkup building (C1) at 285 Schenectady Avenue in Crown Heights, Brooklyn and 23-unit residential walkup building (C1) at 1646 Union Street in…
Leopold Friedman through the entity Riverdale Real Estate Acquisition, LLC as borrower signed a refi loan with lender Bankwell Bank valued at $18 million for the Riverdale Rehabilitation & Care Center nursing home (I6) at 641 West 230th Street in Spuyten Duyvil, Bronx. The nursing home also has the name New Riverdale Rehab and Nursing. The deal closed on September 30, 2024 and was recorded…
McSam Hotel Group through the entity 9th Street LIC LLC as borrower signed a refi loan with lender Deutsche Bank through the entity Deutsche Bank Trust Company Americas valued at $65 million for the hotel building (H3) at 38-37 9th Street in Long Island City, Queens. The deal closed on September 20, 2024 and was recorded on October 25, 2024. The prior lender was Goldman…
Tishman Speyer through the entity 620 Venue, L.L.C. as borrower signed a refi loan with lender Bank of America and Wells Fargo through the entity Bank Of America, N.A. valued at $3500 million for six properties in Rockefeller Center including the office building (O4) at 1260 Sixth Avenue, the office building (O9) at 1230 Sixth Avenue and the office building (O4) at 600 Fifth Avenue…
An anonymous buyer through the entity OVV LLC and registered at the law firm Reiss Sheppe, signed a contract in August to buy the 1950s-era Wythe Diner at 225 Wythe Street in Williamsburg, Brooklyn, that was home to the Wythe Diner for two decades, then Relish, then Cafe de la Esquina, then Blank Street Coffee and most recently a Chanel perfume popup. The seller is…
Simkho Aranbayev through the entity 30-13 Steinway LLC paid $3.5 million to Kevin Foley-Littell through the entity Libbgold Realty LLC for the two-unit mixed-use retail building (K4) at 30-13 Steinway Street in Astoria, Queens. The expected use is cash flowing. The deal closed on October 4, 2024 and was recorded on October 25, 2024. The property has 7,575 square feet of built space for a…
Mohamed Hamza through the entity 995 Westchester LLC paid $3.6 million to Simkho Aranbayev through the entity 995 Wstr LLC for the eight-unit residential walkup building (C7) at 995 Westchester Avenue in Longwood, Bronx. The expected use is cash flowing. The deal closed on September 12, 2024 and was recorded on October 25, 2024. The property has 14,000 square feet of built space and 2,002…
Local investor Adam Woodward through the entity Old House At Home 1 LLC paid $7.5 million to Anton Mayer through the entity 232 Bowery LLC for the mixed-use building (S1) at 232 Bowery in Nolita, Manhattan, at the corner of Prince Street. The expected use is cash flowing. The deal closed on October 17, 2024 and was recorded on October 25, 2024. The property has…
