Shashin Gandhi through the entity Hudson West Hospitality LLC paid $18.2 million to Ae Sook Choi through the entity 36th Street Property Inc for the 56-room Hudson River Hotel building (H3) at 442 West 36th Street in Hudson Yards, Manhattan. The deal closed on June 11, 2024 and was recorded on June 26, 2024. The property has 20,344 square feet of built space according to…
Tredway and ELH Mgmt. paid $90 million to AMS Realty for four rental properties in Fort Greene, Brooklyn, 53 St. Felix Street, 33 St. Felix Street, 221 Ashland Place and 80 Greene Avenue, that have a total of 193 units. The sale happened in two transactions. The purchase was financed with a $97 million loan from Wells Fargo which was assigned to Freddie Mac. In…
Azimuth Development Group through the entity AP Castle Hill Owner LLC signed a contract to pay $7.5 million to the Crossroads Tabernacle church for the property at 1320-1328 Castle Hill Avenue in Westchester Square, the Bronx. Azimuth already owns the adjacent development site at 2211 Westchester Avenue, which it purchased from Sopher Real Estate for $6.1 million on May 29, 2024. The contract date was…
Josh Grunzweig’s JG Funding signed a contract as buyer to pay an undisclosed amount to Joel Schwartz through the entity Myrtle Flats LLC for the newly completed six-unit building at 622 Myrtle Avenue in Bedford Stuyvesant, Brooklyn. The sale is set to close on July 20, 2024, according to property records. For the tax lot building, it received its certificate of occupancy on April 8,…
Jose R. Medina through the entity JRM 250 Realty LLC as borrower signed a refi loan with lender NewBank valued at $6.8 million for the mixed-use building (K4) at 250 Willis Avenue in Mott Haven, Bronx. The deal closed on June 20, 2024 and was recorded on June 25, 2024. The prior lender was NewBank which held debt that had an original loan amount of…
CAVU Property Group through the entity Nostrand Land LLC as borrower signed a new construction loan with lender Popular Bank valued at $41.1 million for the development site (V1) at 2273 Nostrand Avenue at the corner of Avenue I, in Flatlands, Brooklyn. There is a new building project for a 67-unit, 89,149 square-foot residential (R-2) building submitted by Jackson Group and filed by Gabriel Chehebar…
Sokol Anadolli through the entity Bleecker 18a LLC paid $4.1 million to Roei Paz through the entity 18a Bleecker Street LLC for the eight-unit residential walkup building (C1) at 18A Bleecker Street in Bushwick, Brooklyn. The deal closed on May 22, 2024 and was recorded on June 25, 2024. The property has 6,278 square feet of built space according to a PincusCo analysis of city…
Xiang Yu Cao through the entity Guang Rui LLC paid $5.1 million to NuVerse Advisors through the entity 4201 Main St LLC for the commercial condominium unit C101 at 136-18 Maple Avenue in Flushing, Queens. The deal closed on June 10, 2024 and was recorded on June 25, 2024. The signatory for NuVerse Advisors was Anthony Ficara. The signatory for Xiang Yu Cao was Xiang…
Nathan Benelyahou through the entity 226 Capital LLC paid $42.8 million to Dalan Real Estate through the entity Ed 97 Owner, LLC for the 31-unit residential elevator building (D7) at 2568 Broadway and the adjacent 34-unit residential elevator building (D3) at 226 West 97th Street on the Upper West Side, Manhattan. To finance the purchase, Nathan Benelyahou assumed a $30.2 million loan given by Bank…
TRG Equities through the entity 56-53 Myrtle TRG LLC paid $1.6 million to AMS Acquisitions through the entity 56-53 AMS Myrtle LLC for the two-unit mixed-use building (S2) at 56-53 Myrtle Avenue in Ridgewood, Queens. The deal closed on June 7, 2024 and was recorded on June 25, 2024. The property has 2,688 square feet of built space and 425 square feet of additional air…
David M. Aboodi through an affiliated entity Gamelot FH 2023 LLC bought a note with an original principal of $4.98 million from Alpine Capital Bank secured by William Chou’s nine-unit residential elevator building (D6) at 816 58th Street in Sunset Park, Brooklyn. On the lot, there is one active new building construction project for a nine-unit, 22,614 square-foot R-2 building. The project was submitted by…
Elizabeth McDonald through the entity 420 Court Street LLC as borrower signed a construction loan with lender Preferred Bank valued at $7.2 million for the retail building (K7) at 420 Court Street in Carroll Gardens, Brooklyn. On the lot, there is one active major alteration construction project for a three-unit, 8,838 square-foot R-2 building. The project was submitted by Elizabeth Mcdonald with plans filed January…
Seth Weissman’s Urban Standard Capital paid $6.5 million to the Matera family in two transactions for a two-parcel development site at 321 Church Street, also known as 33 Lispenard Street, and the adjacent parcel 325 Church Street. Urban Standard Capital has long planned a new building at 31-33 Lispenard Street, including a presentation to the city’s Landmarks Commission in 2019. The sale price was $6.5…
Itanel Rahmani through the entity Ied 4100 East Tremont LLC paid $3 million to Theresa Ciamarra through the entity 4100 Properties, Inc. for the retail building (K1) at 4100 East Tremont Avenue in Throgs Neck, Bronx. The deal closed on June 11, 2024 and was recorded on June 24, 2024. The property has 6,000 square feet of built space and 2,352 square feet of additional…
UPDATED 9:50 a.m., June 25, 2024: Joel Schreiber of Waterbridge Capital through the entity Tribeca Portfolio LLC paid $7.9 million to the Matera Family LP for the two-unit mixed-use building (K4) at 5 Lispenard Street and the two-unit retail building (K4) at 1 Lispenard Street in Tribeca, Manhattan, according to a source familiar with the transaction. Seth Weissman’s Urban Standard Capital provided a $6 million…
Dominic Casamento’s Kingdom Equities through the entity Sunnyside 47 LLC paid $9.8 million to Fred Stark through the entity Sunnyside 47th Avenue, LLC for the 20-unit residential walkup building (C1) at 39-38 47th Avenue in Sunnyside, Queens, 20-unit residential walkup building (C1) at 39-30 47th Avenue in Sunnyside, Queens, and 20-unit residential walkup building (C1) at 39-44 47th Avenue in Sunnyside, Queens. The deal closed…
Success Academy Charter Schools through the entity 7801 Bay Parkway, LLC paid $37.2 million to Magen David Yeshivah through the entity Magen David Yeshivah for the specialty building (W2) at 7801 Bay Parkway in Gravesend, Brooklyn and specialty building (Q9) at 7815 Bay Parkway in Gravesend, Brooklyn. Magen David Yeshivah, which counts real estate investors such as Jeff Sutton as trustees, is selling this building…
Circle F Capital through the entity 1 Park Row Development, LLC as borrower signed a refi loan with lender 3650 REIT through the entity 3650 Cal Bridge Opr LLC valued at $46.1 million for the retail building (K2) at 1 Park Row in Financial District, Manhattan. The deal closed on June 10, 2024 and was recorded on June 21, 2024. The property has 42,200 square…
Brookfield Properties through the entity Brookfield Properties Olp Co. LLC as borrower signed a refi loan with lender Morgan Stanley through the entity Morgan Stanley Mortgage Capital Holdings LLC valued at $750 million for 17 office condominium unit at 1 Liberty Plaza in Financial District, Manhattan. The deal closed on June 14, 2024 and was recorded on June 21, 2024. The prior lender was Morgan…
Ken Huang through the entity Ewkh Realty Management LLC paid $5 million to Top Rock Holdings through the entity 1468 Williamsbridge Road Partners LLC for the office building (O7) at 3251 Westchester Avenue in Pelham Bay, Bronx. The deal closed on June 6, 2024 and was recorded on June 21, 2024. The property has 8,638 square feet of built space and 37,993 square feet of…
