AbeCo Organization through the entity 822 Plaza LLC paid $2.1 million to Margate Atlantic Properties through the entity Mbh 822 Broadway LLC for the four-unit mixed-use building (S4) at 822 Broadway in Bedford Stuyvesant, Brooklyn. The deal closed on October 15, 2024 and was recorded on October 30, 2024. The property has 4,169 square feet of built space and 6,676 square feet of additional air…
Pervez A. Siddiqui through the entity 238 Ocean View Real Estate LLC paid $2.3 million to Alexander Kogan through the entity 234 Ocean LLC for the development site (V0) at 238 Ocean View Avenue in Brighton Beach, Brooklyn. The expected use is ground up development. On the lot, there is one active new building construction project, B00578743, for a 19-unit, 12,950 square-foot R-2 building. The…
Royal Waste Services paid $6.8 million to Maria D. Trapani for two industrial parcels in Soundview, the Bronx, in two transactions. In the first, Royal Waste Services through the entity M & P Reali Enterprises, Inc. paid $4 million to Maria D. Trapani through the entity Renato Associates LLC for the industrial building (G2) at 1454-1456 Bruckner Blvd in Soundview, Bronx. The expected use is…
Thomas Anagnostopoulos through the entity Dinami 4 LLC paid $6 million to RockFarmer Properties through the entity Rfc 31 Ccu LLC for the community facility condominium unit at 21-21 31st Street in Ditmars Steinway, Queens. The expected use is cash flowing. The deal closed on September 30, 2024 and was recorded on October 30, 2024. The signatory for RockFarmer Properties was George Michelis. The space…
Joel Teitelbaum and Matt Katz through the entity Jackson Holdings Ny LLC as borrower signed a refi loan with lender Amalgamated Bank valued at $35 million for the newly built 82-unit building at 26-04 Jackson Avenue in Long Island City, Queens. On this lot there was a new building project, Q00582731, for an 82-unit, 71,667 square-foot residential building submitted by Matt Katz with plans filed…
Chess Builders through the entity Toe Front Realty LLC as borrower signed a refi loan with lender MF1 Capital through the entity Mf1 Capital LLC valued at $170 million for the 218-unit residential elevator building (D6) at 218 Front Street in Vinegar Hill, Brooklyn. On the lot, there is a new building construction project, B00651570, for a 218-unit, 147,196 square-foot R-2 building. The project was…
Greenbrook Partners through the entity 696 Grand St, LLC paid $2.1 million to William J. Reinhardt through the entity 696 Grand Street LLC for the two-unit mixed-use building (S2) at 696 Grand Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on October 22, 2024 and was recorded on October 29, 2024. The property has 3,600 square feet of built space…
Tahari Capital, RockSolid Ventures, and Jake Croman through the entity 323 E 108 LLC paid $2.5 million to Dante Cappi through the entity Fgp 323 LLC for the 33-unit residential walkup building (C7) at 323 East 108th Street in East Harlem, Manhattan. The expected use is cash flowing. The deal closed on October 22, 2024 and was recorded on October 29, 2024. The property has…
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…
