Thomas Anagnostopoulos through the entity Dinami 4 LLC paid $6.2 million to RockFarmer Properties through the entity Rfc 31 Ccu LLC for the retail condo 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 21, 2024. The property has 24,561 square feet of built space according to a…
Canvas Property Group through the entity Gramercy E 22nd Owner LLC paid $104.5 million to PGIM Real Estate through the entity 210-220 E. 22nd Street Ssga Owner, LLC for the 122-unit residential elevator building (D3) at 220 East 22nd Street and the 88-unit residential elevator building (D3) at 210 East 22nd Street in Gramercy, Manhattan. The expected use is cash flowing. The deal closed on…
Atlas Capital Group through the entity Atlas Vi Dekalb LLC paid $202.5 million to KKR & Co. and Dalan Management through the entity Kre Dekalb Owner LLC for the 365-unit residential elevator building (D7) at 80 Dekalb Avenue in Fort Greene, Brooklyn. The expected use is cash flowing. To finance the acquisition, Atlas Capital Group assumed a $131.5 million loan given by State Street Bank…
RCH Capital through the entity Rch/Kcp 2021 Fund LLC bought a note with an original principal of $9.8 million from Webster Bank secured by Congregation and Gmach Zichron Shlomo’s 58-unit residential elevator building (D1) at 20 Crooke Avenue in Flatbush, Brooklyn. The deal closed on September 20, 2024 and was recorded on October 18, 2024. The prior lender was Webster Bank which held debt that…
Joel Schwartz through the entity 2795 Fulton St LLC as borrower signed a new construction loan with lender Central Capital Inv through the entity Central Capital Series 1 LLC valued at $18.5 million for the 51-unit project (V1) at 2795 Fulton Street in Cypress Hills, Brooklyn. On the lot, there is one active new building construction project, 321566934, for a 51-unit, 35,905-square-foot residential (R-2) building….
The Belanich family’s Bell Realty through the entity CDI 21st Lic, LLC as borrower signed a refi loan with lender First National Bank of Long Island valued at $17 million for two properties including the specialty building (W1) at 21-02 44th Road in Long Island City, Queens and industrial building (G7) at 44-41 21st Street in Long Island City, Queens. The deal closed on October…
Strategic Hotels & Resorts through the entity Dtrs Essex House, LLC as borrower signed a refi loan with lender Bank of America and Deutsche Bank valued at $97.75 million for the JW Marriott Essex House hotel building at 160 Central Park South in Midtown West, Manhattan. The deal closed on September 30, 2024 and was recorded on October 18, 2024. The prior lender was Series…
Toufik Kassab through the entity 1205 Surf Ave Realty LLC paid $2.2 million to Elan Katz through the entity 1045 Surf LLC for the retail building (P6) at 1045 Surf Avenue in Coney Island, Brooklyn. The deal closed on September 25, 2024 and was recorded on October 18, 2024. The property has 3,938 square feet of built space and 3,938 square feet of additional air…
Peter Zaharatos through the entity Sixty-One Sixteen Fifth Avenue LLC paid $2.3 million to the entity Piccolo Fiore Properties LLC for the four-unit mixed-use building (S9) at 7324 Third Avenue in Bay Ridge, Brooklyn. The expected use is cash flowing. The deal closed on October 10, 2024 and was recorded on October 18, 2024. The property has 3,600 square feet of built space according to…
Mendel Bar-Horin through the entity 4616-18 New Utrecht Ave LLC paid $2.6 million to Samuel Shlagbaum and Michael Fuchs through the entity 4618 New Utrecht Associates for the two, two-unit mixed-use buildings (S2) at 4616 and 4618 New Utrecht Avenue in Borough Park, Brooklyn. The expected use is cash flowing. The deal closed on October 10, 2024 and was recorded on October 18, 2024. The…
John D. Sullivan through the entity 308 East 49 Realty LLC paid $4.4 million to Louis Sabin and Sol Marc Klapholtz through the entity 308 East 49, LLC for the 12-unit residential walkup building (C7) at 308 East 49th Street in Turtle Bay, Manhattan. The expected use is cash flowing. The deal closed on August 28, 2024 and was recorded on October 18, 2024. The…
NYC Prime Properties through the entity 515 Dean Street Group LLC paid $5.6 million to Temple of Restoration through the entity The Temple Of Restoration for the specialty building (M1) at 515 Dean Street in Prospect Heights, Brooklyn. The expected use is conversion or new development. The deal closed on September 30, 2024 and was recorded on October 18, 2024. The property has 8,400 square…
Maxwelle Real Estate Group through the entity Maxwelle Capital, LLC bought a note with an original principal of $5.5 million from Comm 2014-UBS4 and servicer LNR Partners secured by Maxwelle Real Estate Group’s retail building (K2) at 357 West 16th Street in Chelsea, Manhattan. The deal closed on September 23, 2024 and was recorded on October 17, 2024. The property has 5,700 square feet of…
The Laboz family’s United American Land through the entity Thor 734 Broadway LLC as borrower signed a refi loan with lender Metropolitan Commercial Bank valued at $9 million for the five-unit office building (O5) at 734 Broadway in NoHo, Manhattan. The deal closed on October 10, 2024 and was recorded on October 17, 2024. The prior lender was Blackstone Group (as buyer of Signature Bank…
Moshe Braver of Bushwick Realty Holdings through the entity 147 St Holdings LLC as borrower signed a refi loan with lender Citibank through the entity Citi Real Estate Funding Inc. valued at $46 million for two properties including the 117-unit residential elevator building (D3) at 95-22 147th Place in Jamaica, Queens completed August 29, 2024, and the mixed-use building (K4) at 95-09 Sutphin Boulevard in…
Sihwa Lee through the entity 5015 C&J LLC paid $3.5 million to Joseph Esses through the entity S&J Realty LLC for the retail building (K7) at 5015 Church Avenue in East Flatbush, Brooklyn. The expected use is cash flowing. The deal closed on September 4, 2024 and was recorded on October 17, 2024. The property has 8,569 square feet of built space according to a…
H. Weiss Machinery & Supply through the entity Ledo, Inc. paid $4.5 million to Albert Putre and Alois Putre Jr. for the the industrial buildings (F9) at 88-61 and 88-65 76th Avenue in Glendale, Queens. The expected use is owner-occupied. The deal closed on October 4, 2024 and was recorded on October 17, 2024. The two properties have 16,800 square feet of built space and…
Shuhua Wu through the entity 8 Ave Property Inc. paid $5 million to Lawrence Chan through the entity M&L Chan Corp. for the two-unit mixed-use building (S2) at 5814 8th Avenue in Sunset Park, Brooklyn. The expected use is cash flowing. The deal closed on October 7, 2024 and was recorded on October 17, 2024. The property has 3,800 square feet of built space and…
Maheshchand Ratanji through the entity American Dream II Hotel LLC paid $22 million to Rajendra R. Patel and Mamraben R. Patel through the entity Brooklyn Broadway Hotel LLC for the hotel building (H3) at 1090 Myrtle Avenue in Bedford Stuyvesant, Brooklyn. The expected use is cash flowing. The deal closed on October 9, 2024 and was recorded on October 17, 2024. The property has 41,212…
Lender CIM Group through the entity Crec 88 Tower (Intermediate), LLC acquired the office building (O6) at 88 University Place in Greenwich Village, Manhattan, through a UCC foreclosure from former owner Arch Companies’s entity 88 Tower LLC. The city transfer price was $48.6 million. The expected use is cash flowing. The deal closed on September 19, 2024 and was recorded on October 17, 2024. The…
