Fabio Bordone’s Elite Demolition through the entity 84th Street Properties LLC paid $3.4 million to Clemente Alcamo through the entity 88th Street Properties Inc for the industrial lot (G7) at 70-17 84th Street in Glendale, Queens, and two adjacent tax lots. The deal closed on September 5, 2024 and was recorded on September 16, 2024. The three properties have zero square feet of built space…
Moshe Silberstein and Etty Niederman through the entity 224 Keap LLC paid $3.5 million to Emanuel Leonorovits and Naftaly Leonorovits for the three-unit building (C0) at 224 Keap Street in Williamsburg, Brooklyn. The expected use is cash flowing. The deal closed on September 5, 2024 and was recorded on September 16, 2024. The property has 3,280 square feet of built space and 1,580 square feet…
Gorjian Real Estate Group through the entity Gg West 57 Owner LLC paid $16.5 million to Robert L. Miller through the entity 425 Realty Co., LLC for the 50-unit residential elevator building (D1) at 425 West 57th Street in Hell’s Kitchen, Manhattan. The expected use is cash flowing. Prior to this transaction, PincusCo has records that the buyer Gorjian Real Estate Group purchased two properties…
Maddd Equities through the entity Hdpc2 Housing Development Fund Company, Inc. paid $22.6 million to Peter Fine of Atlantic Development Group, through the entity 1941-1959 Jerome Avenue LLC for the 233-unit development site at 1959 Jerome Avenue in Morris Heights, Bronx. The expected use is ground up development. On the lot, there is one active new building construction project, X00805009, for a 333-unit, 243,007 square-foot…
The Monsey-based entity 2241 New Haven LLC, with signatory Robert Rausman, paid $47.2 million to Benjamin Landa through the entity New Surfside Realty LLC for the Premier Nursing and Rehab Center of Far Rockaway at 22-41 New Haven Avenue in Far Rockaway, Queens. The deal closed on August 29, 2024 and was recorded on September 16, 2024. The nursing home has 49,021 square feet of…
Metropolitan Realty Group through the entity Penn Gardens Associates, L.P. as borrower signed a refi loan with lender Greystone & Co. through the entity Greystone Servicing Company LLC valued at $14.1 million for four residential walkup properties with 90 residential units including the 29-unit residential walkup building (C1) at 366 Pennsylvania Avenue in East New York, Brooklyn, 29-unit residential walkup building (C1) at 378 Pennsylvania…
Joel Schwartz through the entity 65 4th Avenue De LLC as borrower signed a refi loan with lender Bank of Montreal valued at $21 million for the newly constructed 30-unit building at 65 4th Avenue in Park Slope, Brooklyn. On the lot, there was a new building construction project, 321592059, for a 30-unit, 20,943 square-foot R-2 building. The project was submitted by Yisroel Greenfeld with…
Yacov Smouha through the entity CSP Properties LLC as borrower signed a acquisition loan with lender White Oak Real Estate Advisors and Thorofare Capital through the entity Thorofare Asset Based Lending Reit Fund V, LLC valued at $21.5 million for the conversion of a mixed-use building to storage at 78 Walker Street in Chinatown, Manhattan. The loan is for the purchase and conversion of the…
Energy company Sprague Energy through the entity Sprague Operating Resources LLC as borrower signed a refi loan with lender Rabobank through the entity Cooperatieve Rabobank U.A., New York Branch valued at $150 million for 11 industrial properties including the industrial building (F8) at 220 Locust Avenue, 1040 East 149th Street, industrial building (F8) at 939 East 138th Street in Mott Haven, Bronx, and industrial building…
The entity GT 1007 Lexington LLC registered at the Shiponi Law Firm, paid $3.9 million to Samuel Dalembert through the entity NYLex, LLC for the seven-unit residential walkup building (C7) at 1007 Lexington Avenue in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on September 6, 2024 and was recorded on September 13, 2024. The property has 4,165 square feet of…
Mehrdad Kahan and Said Makhany through the entities Sassan Assets LLC, Adventure Assets LLC paid $5 million to Samuel Frankel through the entity Nefesh Management Corp. for the retail building (K1) and parking lot at 109-07 101st Avenue in South Richmond Hill, Queens. The expected use is cash flowing. The deal closed on September 10, 2024 and was recorded on September 13, 2024. The property…
Sinv SpA through the entity Sinv USA Inc. paid $7.4 million to Forzaroma Properties LLC for the four-unit property (C5) at 18 West 68th Street in Lincoln Square, Manhattan and the adjacent four-unit property (C5) at 20 West 68th Street in Lincoln Square, Manhattan. The expected use is cash flowing. Sinv SpA is clothing manufacturing company controlled by Dalla Rovere family. At one time it…
Yechiel Newhouse through the entity Azure 144th, LLC paid $16.5 million to Lemle & Wolff Companies through the entity Azure Holdings II, L.P. for the 83-unit residential walkup building (C7) at 259 West 144th Street and the 25-unit residential elevator building (D5) at 226 West 144th Street in Harlem, Manhattan. The expected use is cash flowing. The deal closed on September 5, 2024 and was…
Mark Weinberger through the entity Sunset Park 61 LLC paid $20 million to Paul Dalmazio, Jordan Hiller, Jason Hiller, Gary M. Krim, and Tanya Krim through the entity Eagl-Vi LLC for seven walkups including the 20-unit walkup (C1) at 450 61st Street, the 16-unit (C1) at 446 61st Street, and the 16-unit (C1) at 438 61st Street in Sunset Park, Brooklyn. The expected use is…
The entity NYC Amsterdam Cap, LLC in care of the law firm Deutsch & Schneider, bought a note with an original principal of $12 million from M&T Bank secured by Albert Malekan’s office building (O5) at 75 Greene Street in SoHo, Manhattan. The deal closed on August 12, 2024 and was recorded on September 12, 2024. The prior lender was M&T Bank which held debt…
Jeff Sutton’s Wharton Properties through the entity 101 Wooster LLC as borrower signed a refi loan with lender U.S. Century Bank valued at $20 million for a retail space on the ground floor and lower level of the cooperative building at 101 Wooster Street in SoHo, Manhattan. The deal closed on August 9, 2024 and was recorded on September 12, 2024. The signatory for Wharton…
A group of investors including Atlas Capital Group, Fairstead, Blackstone Group, and Island Capital through the entity Mmp 162 Owner LLC as borrower signed a refi loan with lender Bridge Investment Group through the entity BDS IV Mortgage Capital LLC valued at $272.7 million for 11 properties with 625 residential units including the 200-unit residential elevator building (D9) at 250 West 19th Street in Chelsea,…
Habif Real Estate through the entity 453 Hudson LLC paid $6.4 million to the Vianna family through the entity Hudson Street Trust, Inc. for the seven-unit residential walkup building (C4) at 453 Hudson Street in West Village, Manhattan. The expected use is cash flowing. The deal closed on September 5, 2024 and was recorded on September 12, 2024. The property has 7,612 square feet of…
The Japanese investment firm Norbil Trust Co. through the entity Norbil Investment paid $10.1 million to Icon Realty Management through the entity 405 East 78 Realty LLC for the 16-unit residential walkup building (C1) at 405 East 78th Street in Lenox Hill, Manhattan. The expected use is cash flowing. The deal closed on August 29, 2024 and was recorded on September 12, 2024. The property…
The Great Neck-based Metropolitan Realty Group through the entity West 135th Apts Owner LLC paid $64 million to Jonathan Rose Companies through the entity West 135th Apartments, LLC for 10 rental buildings in Harlem including the 22-unit residential walkup building (C7) at 131 West 135th Street, the 22-unit residential walkup building (C7) at 123 West 135th Street, and the 18-unit residential elevator building (D3) at…
