Transfers

CACHED

Renaissance Realty signs $7.5M refi with Citibank for two walkups in Crown Heights

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 signs $18M refi for nursing home in Spuyten Duyvil

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 signs $65M refi with Deutsche Bank for LIC hotel

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 signs $3.5B refi for Rockefeller Center in Midtown West

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…

Iconic Wythe Diner in contract to sell, has approved plans for 10-unit building

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 pays $3.5M for retail in Astoria

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 pays $3.6M to Simkho Aranbayev for 8-unit walkup in Longwood

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…

Adam Woodward pays $7.5M for 2nd Nolita building, part of $15M transaction

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…

Pharmacy owner pays $10.8M for two medical buildings in Staten Island

The owner of Enexia Pharmacy Group through the entity 3311-3333 Hylan LLC paid $10.8 million to Orlin & Cohen Medical Specialists Group through the entity Ortho Healthcare Realty LLC for the medical office buildings (O7) at 3311 and 3333 Hylan Boulevard in Bay Terrace, Staten Island. The expected use is cash flowing. Both buildings are listed as open and taking appointments for Orlin & Cohen…

Note holder acquires Union Square dev site from Riese Org. in $11.2M transfer

Debt owner T30 Capital through the entities 34 USQE Owner, LLC and Totowa Beacon USQE LLC, acquired through a deed transfer valued at $11.2 million the retail building (K2) at 34 Union Square East in Gramercy, Manhattan. The seller was the Riese Organization through the entity 34 USE Owner, LLC. The property has been marketed for sale as a development site for years, at one…

BH3 Management pays $50M for 52 unsold condo units in Hell’s Kitchen, through bankruptcy

BH3 Management through the entity Dof II-Bloom Resi Owner LLC paid $50 million to Xin Development Group through the entity Hudson 888 Owner LLC for 52 unsold condominium units at the Bloom on 45th at 500 West 45th Street in Hell’s Kitchen, Manhattan. The expected use is cash flowing. Five commercial condo units were not part of this sale. The sale was part of a…

Victor Khallouf pays $3.5M for 8-unit walkup in Bedford Stuyvesant

Victor Khallouf through the entity 960 Myrtle LLC paid $3.5 million to Balbir Singh through the entity 960 Myrtle Ave LLC for the eight-unit residential walkup building (C7) at 960 Myrtle Avenue in Bedford Stuyvesant, Brooklyn. The expected use is cash flowing. The deal closed on October 15, 2024 and was recorded on October 24, 2024. The property has 6,000 square feet of built space…

Roza Koyenova pays $3.9M to Queens County Bar Assoc. for office in Jamaica

Roza Koyenova through the entity 9031 148th St Realty LLC paid $3.9 million to Queens County Bar Association through the entity Queens County Bar Association Fund Inc. for the office building (O2) at 90-35 148th Street in Jamaica, Queens. The deal closed on September 26, 2024 and was recorded on October 24, 2024. The property has 10,800 square feet of built space and 13,169 square…

Adam Woodward pays $7.5M for mixed-use on Bowery, part of $15M Nolita deal

Investor Adam Woodward through the entity Old House At Home 2 LLC paid $7.5 million to an affiliate of Anton Mayer through the entity 234 Bowery LLC for the mixed-use building (K9) at 234 Bowery in Nolita, Manhattan. The buyer entity is in care of the Manhattan-based asset management firm Building Equity Management. Traded NY reported the transaction, noting the entire purchase is for $15…

Simkho Aranbayev pays $7.6M to Abro Management for retail in Concourse

Simkho Aranbayev through the entity 84-47 Parsons LLC paid $7.6 million to Abro Management through the entity Astoria LLC for the retail building (K1) at 98 East 167th Street in Concourse, Bronx. The deal closed on September 26, 2024 and was recorded on October 24, 2024. The property has 21,016 square feet of built space and 56,012 square feet of additional air rights for a…

Leonid Vayner pays $12.85M to Wharton Properties for office in Sheepshead Bay

Leonid Vayner through the entity Kings Highway 1602 Realty LLC paid $12.85 million to Jeff Sutton’s Wharton Properties through the entity 1602 Kings Highway LLC for the office building (O5) at 1602 Kings Highway in Sheepshead Bay, Brooklyn. The expected use is cash flowing. The deal closed on October 8, 2024 and was recorded on October 24, 2024. The property has 32,838 square feet of…

Dalan buys $11.2M note at Bahram Benaresh mixed-use in Tribeca

Dalan Real Estate through the entity DC Franklin Lender LLC bought a note with an original principal of $11.2 million from G4 Capital Partners secured by Bahram Benaresh’s five-unit mixed-use building (S5) at 175 Franklin Street in Tribeca, Manhattan. The deal closed on October 1, 2024 and was recorded on October 23, 2024. The prior lender was G4 Capital Partners which held debt that had…

Dalan, RWN sign $7.9M loan modification for mixed-use in West Village

Dalan Real Estate and RWN Real Estate Partners through the entity 376 Bleecker Associates LLC as borrower signed a loan modification and extension with lender BankUnited for a 2016 loan with an original principal of $7.9 million secured by the three-unit mixed-use building (S3) at 376 Bleecker Street in West Village, Manhattan. Acadia Realty Trust in September paid Brookfield Properties $20.25 million for nearby retail…

Ranjana Chadha signs $8.2M refi loan with Preferred Bank for hotel in Highbridge

Ranjana Chadha through the entity Sedgwick Hotel Corp as borrower signed a refi loan with lender Preferred Bank valued at $8.2 million for the hotel building (H4) at 1300 Sedgwick Avenue in Highbridge, Bronx. The deal closed on October 15, 2024 and was recorded on October 23, 2024. The prior lender was Bank of Princeton which held debt that had an original loan amount of…

Artifact, Ashok Khubani sign $59M construction loan for 120-unit project in Washington Heights

Artifact and Ashok Khubani through the entity Ask Florida III LLC as borrower signed a new construction loan with lender Genesis Capital valued at $59 million for the 120-unit project at 636 West 158th Street in Washington Heights, Manhattan. On the lot, there is one active new building construction project, M00628781, for a 120-unit, 118,559 square-foot residential (R-2) building. The project was submitted by Artifact…