Transfers

Lazer Herman and Esther Herman through the entity 211 Nostrand Avenue LLC as borrower signed a new construction loan with lender Popular Bank valued at $18 million for the specialty building (Z9) at 211 Nostrand Avenue in Bedford Stuyvesant, Brooklyn. On the lot, there is one active new building construction project, B00717487, for an 18-unit, 15,330 square-foot residential (R-2) building. The project was submitted by…

Simcha Applegrad through the entity Watson Ave Estates LLC as borrower signed a refi loan with lender Bethpage Federal Credit Union valued at $23 million for the 108-unit residential walkup building (C1) at 1484 Watson Avenue in Soundview, Bronx. The deal closed on September 19, 2024 and was recorded on September 25, 2024. The prior lender was Citizens Bank which held debt that had an…

Danny Chang of Green Citi Management through the entity 3902 Woodside LLC paid $4.1 million to Episcopal Diocese Of Long Island through the entity Trustees Of The Estate Belonging To The Diocese Of for the specialty building (M1) at 39-02 61st Street in Woodside, Queens. The expected use is ground up development. The deal closed on September 12, 2024 and was recorded on September 25,…

Maurice Kohan and Gilda Kohan through the entity Group 300 LLC acquired through a deed-in-lieu of foreclosure from Walter & Samuels’s entity 96 & Second LLC the 25-unit residential walkup building (C7) at 300 East 96th Street in Yorkville, Manhattan. The expected use is cash flowing. The transfer value was $4.4 million. The deal closed on September 20, 2024 and was recorded on September 24,…

Alexander Maroni and Bren Salamon through the entity 151 State LLC paid $4.9 million for the five-unit residential walkup building (C2) at 151 State Street in Brooklyn Heights, Brooklyn. The expected use is cash flowing. The deal closed on September 12, 2024 and was recorded on September 24, 2024. The property has 4,100 square feet of built space and 1,170 square feet of additional air…

UPDATED: Mobile phone distributor GSM Club through the entity 621 East 132 LLC paid $7.3 million to Leonard Gamss through the entity 621 E. 132 St. Associates, L.L.C. for the industrial building (E9) at 621 East 132nd Street in Mott Haven, Bronx. The expected use is owner-occupied. The deal closed on September 19, 2024 and was recorded on September 24, 2024. The property has 28,250…

Miami-based Gencom through the entity Tcpny Owner, LLC paid $288.5 million to GFI Capital Resources Group and Elliott Investment Group through the entity Parker57 LLC for the Thompson Central Park New York, by Hyatt hotel condominium unit at 111 to 119 West 56th Street in Midtown West, Manhattan. The expected use is cash flowing. Media reports put the price at $308 million. In some instances…

Caro Enterprises through the entity Williamsburg Lofts Owner, LLC as borrower signed a refi loan with lender Bank of America valued at $20 million for the 69-unit residential elevator building (D3) at 390 Wythe Avenue in Williamsburg, Brooklyn. The deal closed on September 18, 2024 and was recorded on September 23, 2024. The prior lender was Hines which held debt that had an original loan…

Prestige Properties & Development, led by Sam Shalem and Irving Pergament, through the entity SP Center LLC as borrower signed a refi loan with lender JPMorgan Chase valued at $280 million for two properties including the retail shopping center (K6) at 2100 Bartow Avenue in Co-op City, Bronx and retail building (K2) at 2134 Bartow Avenue in Co-op City, Bronx. The deal closed on September…

Karthik Gujja through the entity Myrtle Realty Group LLC paid $3.5 million to Botsaris Morris Realty Group through the entity Ridge Breeaad LLC for the retail building (K4) at 57-09 Myrtle Avenue in Ridgewood, Queens. The expected use is cash flowing. The deal closed on September 11, 2024 and was recorded on September 23, 2024. The property has 3,000 square feet of built space and…

Emil Izrailov, an auto repair owner, through the entity Mullouk LLC paid $6.2 million to Shafqat I. Chaudry through the entity C Five New York LLC for the auto repair building (F9) at 88-43 76th Avenue in Glendale, Queens. The expected use is owner-occuped. Emil Izrailov also leads Maccabi Auto Body, also in Queens. The deal closed on September 18, 2024 and was recorded on…

The entity 14 East 65 Street LLC in care of the Brooklyn law firm Brickner Makow paid $9 million to the Democratic Republic of the Congo through the entity Permanent Mission Of Congo To The UN for the five-unit residential walkup building (C2) at 14 East 65th Street in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on September 19, 2024…