Albert Dayan through the entity 105 Roebling Aretz LLC paid $2.3 million for the three-unit mixed-use building (S3) at 105 Roebling Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on October 8, 2024 and was recorded on December 11, 2024. The property has 2,625 square feet of built space according to a PincusCo analysis of city data. The sale price…
Matthew Wert, a medical doctor, through the entity 475 Greenwich Maxson LLC paid $2.5 million to Manouchehr Malekan through the entity 500 Canal LLC for the retail condo at 500 Canal Street, in a building that also has the address 475 Greenwich Street in Tribeca, Manhattan. The expected use is owner-occupied. The deal closed on December 5, 2024 and was recorded on December 11, 2024….
Cobby Gorjian’s Gorjian Real Estate Group and Parag Sawhney’s VRH Inc. through the entity GG 137 Orchard LLC paid $2.5 million to Avi Sacks through the entity Shearl Realty Corp., for the 12-unit mixed-use building (K4) at 137 Orchard Street in Lower East Side, Manhattan. The expected use is cash flowing. The deal closed on November 13, 2024 and was recorded on December 10, 2024….
Dmitri Sytchev through the entity 722 President Street LLC paid $3.4 million to the Porretto family for the three-unit building (C0) at 722 President Street in Park Slope, Brooklyn. The expected use is cash flowing. The deal closed on November 20, 2024 and was recorded on December 10, 2024. The property has 5,600 square feet of built space according to a PincusCo analysis of city…
Gatsby Enterprises through the entity Nadco Associates, LLC as borrower signed a refi loan with lender Amalgamated Bank valued at $12.5 million for the 35-unit residential walkup building (C7) at 116 Sixth Avenue in SoHo, Manhattan. The deal closed on December 9, 2024 and was recorded on December 12, 2024. The prior lender was Capital One which held debt that had an original loan amount…
Sioni Group through the entity 240 W 40 LLC as borrower signed a refi loan with lender Wells Fargo through the entity Wells Fargo Bank, National Association valued at $40 million for the office building (O6) at 240 West 40th Street in Garment District, Manhattan. The deal closed on November 27, 2024 and was recorded on December 12, 2024. The prior lender was Blackstone Group…
Jack Elo’s Elo Organization through the entity Eljay Realty, LLC sold the mixed-use building (K4) at 768 Flatbush Avenue in Flatbush, Brooklyn to William Zeng Zhang Shao through the entity 235 BB LLC for $1.5 million. The expected use is cash flowing. The deal closed on November 26, 2024 and was recorded on December 12, 2024. The property has 4,700 square feet of built space…
Roni Abudi through the entity Migdal15 Management 2010 LLC paid $3.8 million to Townhouse Management Company through the entity R & D 448 LLC for the 16-unit residential walkup building (C5) at 448 East 78th Street in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on December 4, 2024 and was recorded on December 12, 2024. The property has 8,125 square…
Vanbarton Group through the entity 77 Water LLC paid $95.5 million to William Kaufman Organization and Principal Real Estate Investors through the entity Water Street Leasehold LLC and Water Street Fee LLC for the office building (O4) at 77 Water Street in the Financial District, Manhattan. The expected use is conversion. Bloomberg reported in September 2024 that Vanbarton planned to buy the building and convert…
Bobby Zar’s ZG Capital Partners through the entity 836 Broadway Partners LLC as borrower signed a refi loan with lender JPMorgan Chase valued at $28.9 million for the retail building (O5) at 836 Broadway in Greenwich Village, Manhattan. The deal closed on November 25, 2024 and was recorded on December 11, 2024. The prior lender was Ladder Capital which held debt that had an original…
Bridge Industrial through the entity Bp New York 2, LLC as borrower signed a initial loan with lender PGIM Real Estate through the entity PGIM Real Estate U.S. Debt Fund REIT LLC valued at $44.2 million for the industrial building (E1) at 58-95 Maurice Avenue in Maspeth, Queens. The deal closed on December 6, 2024 and was recorded on December 11, 2024. The property has…
United Investment Portugal through the entity 42nd And 10th Hotel, LLC as borrower signed a refi loan with lender Soros Fund Management through the entity SFMP II GP LLC valued at $130 million for the Yotel hotel condominium unit at 570 10th Avenue in Hell’s Kitchen, Manhattan. The deal closed on November 26, 2024 and was recorded on December 11, 2024. The prior lender was…
Blackstone Group through the entity 8 Spruce (NY) Owner LLC as borrower signed a refi loan with lender NYC Housing Development Corporation valued at $550 million for the 899-unit rental condo at 8 Spruce Street in Financial District, Manhattan. The deal closed on December 6, 2024 and was recorded on December 11, 2024. The prior lender was Series 2014 Bonds which held debt that had…
Vlash Pepa through the entity Vh Property Owner LLC paid $5 million to the Lampeas family for the 16-unit residential elevator building (D1) at 25-82 37th Street in Astoria, Queens. The expected use is cash flowing. The deal closed on November 15, 2024 and was recorded on December 11, 2024. The property has 13,480 square feet of built space according to a PincusCo analysis of…
UPDATED, 1:30 p.m., December 13, 2024: Astral Weeks through the entity AW Tribeca Holding LLC paid $27.4 million to 6R Capital Group through the entity 6r Tribeca Owner 2021 LLC for the 10-unit residential elevator building (D6) at 70 Warren Street in the Tribeca, Manhattan, at the corner of West Broadway. The deal closed on December 5, 2024 and was recorded on December 11, 2024….
Jeff Sutton of Wharton Properties paid SL Green Realty $34 million for a stake of the five-story retail building 690 Madison Avenue, in Lenox Hill, Manhattan. The building at the corner of East 62nd Street is occupied by jeweler Van Cleef & Arpels. This property was transferred from the former owner Ashkenazy Acquisition to SL Green Realty on September 30, 2021 in an entity level…
A partnership of Young Taik Oh, Sam Sun Noh, and Beom Jin Oh through the entity 748 Enterprise LLC paid $4.4 million to Bruce Haley through the entity 748 Ninth Ave., LLC for the 13-unit residential walkup building (C7) at 748 9th Avenue in Hell’s Kitchen, Manhattan. The expected use is cash flowing. The deal closed on November 22, 2024 and was recorded on December…
Movcap through the entity 19-23 St. Marks Place Apartments Owner LLC as borrower signed a acquisition loan with lender Berkadia Commercial Mortgage through the entity 19-23 St. Marks Place Apartments Capital LLC valued at $19.2 million for three properties with 41 residential units including the 30-unit property at 19 St Marks Place in East Village, Manhattan, retail building (K2) at 19 St Marks Place in…
TF Cornerstone through the entity 4610 East Coast LLC as borrower signed a refi loan with lender M&T Bank through the entity M&T Realty Capital Corporation valued at $204.9 million for the 585-unit residential elevator building (D8) at 46-10 Center Boulevard in Long Island City, Queens. The deal closed on November 27, 2024 and was recorded on December 10, 2024. The prior lender was Fannie…
CRE8 Equities through the entity New Way Holdings IV LLC paid $7.3 million to Quinlan Development Group through the entity Qt Soho Realty LLC for the retail condo at 180 Sixth Avenue in SoHo, Manhattan. The expected use is cash flowing. The deal closed on November 8, 2024 and was recorded on December 10, 2024. The property has 14,717 square feet of built space according…
