Transfers

Greenbrook Partners through the entity 493 Grand Owner LLC paid $1.5 million to the estate of Pedro Ledesma for the four-unit mixed-use building (S4) at 493 Grand Street in Williamsburg, Brooklyn. The deal closed on April 18, 2024 and was recorded on April 26, 2024. The property has 3,750 square feet of built space and 1,874 square feet of additional air rights for a total…

Catherine Nelson Brown of Brown Companies through the entity Gammon Enterprises, LLC as borrower signed a loan with lender Symetra Life Insurance Company valued at $8 million for the office building (O6) at 461 Park Avenue South in Park Avenue South, Manhattan. The deal closed on April 11, 2024 and was recorded on April 29, 2024. The property has 54,018 square feet of built space…

The Feil Organization through the entity East 11th Holding LLC as borrower signed a refi loan with lender Mutual of Omaha through the entity United of Omaha Life Insurance Company valued at $12.5 million for the retail center (K6) known as Whitestone Plaza at 153-01 10th Avenue in Whitestone, Queens. The deal closed on April 17, 2024 and was recorded on April 29, 2024. The…

Sunoco through the entity Sunoco Retail LLC paid $4.8 million to the Mannix family through the entity 579 92nd Street LLC for the gas station parcel (G4) at 579 92nd Street in Bay Ridge, Brooklyn. The deal closed on April 23, 2024 and was recorded on April 29, 2024. The property has 1,293 square feet of built space and 9,565 square feet of additional air…

Bruce Camacho through the entity 247 West Realty Corp. as borrower signed a refi loan with lender Maspeth Federal Savings and Loan Association valued at $7 million for the 24-unit residential elevator building (D8) at 520 Hudson Street in West Village, Manhattan. The deal closed on April 2, 2024 and was recorded on April 26, 2024. The prior lender was Metropolitan Commercial Bank which held…

Sunlight Development Group and Linzhong Zhuo through the entity Main & Northern Partners LLC as borrower signed a refi loan with lender Amerasia Bank valued at $12 million for 40 unsold condominium units units at the 55,542-square-foot building, 134-16 35th Avenue in Flushing, Queens. The deal closed on April 19, 2024 and was recorded on April 26, 2024. The prior lender was iCross Capital which…

Two Bridges Neighborhood Council through the entity Two Bridges Senior Apartments, L.P. as borrower signed a refi loan with lender Merchants Capita valued at $29.6 million for the 109-unit residential elevator building (D9) at 80 Rutgers Slip in the Lower East Side, Manhattan. The deal closed on March 28, 2024 and was recorded on April 26, 2024. The property has 83,904 square feet of built…

Aziz Tareb through the entity 3415 Colden Ave LLC paid $2.2 million to Yaakov Miller through the entity 3415 Colden LLC for the 20-unit residential walkup building (C7) at 3415 Colden Avenue in Williamsbridge, Bronx. The deal closed on April 16, 2024 and was recorded on April 26, 2024. The property has 18,176 square feet of built space according to a PincusCo analysis of city…

AXG Management through the entity AXG Management LLC paid $3.9 million to Firebird Grove through the entity OR 66 Sixth, LLC for the three-unit mixed-use building (K4) at 479 Bergen Street in Prospect Heights, Brooklyn. The deal closed on April 11, 2024 and was recorded on April 26, 2024. The property has 4,606 square feet of built space and 845 square feet of additional air…

Brooklyn Home Company through the entity 426 Holdings, LLC paid $4 million to the estate of Judy Budhram for the four-unit building (C3) at 426 2nd Street in Park Slope, Brooklyn. The deal closed on April 19, 2024 and was recorded on April 26, 2024. The property has 5,340 square feet of built space according to a PincusCo analysis of city data. The sale price…

Gameel Saeidi through the entity Sutphin Ny LLC paid $6 million to Radin Enterprises through the entity Radin Enterprises LLC for the two-unit retail building (K4) at 146-19 Archer Avenue in Jamaica, Queens. The deal closed on April 17, 2024 and was recorded on April 26, 2024. The property has 11,040 square feet of built space and 11,177 square feet of additional air rights for…

Lender A10 Capital filed a complaint seeking to restrain borrower Serabjit Singh Malhotra from selling or transferring assets in order for the lender to collect on a $31.8 million judgment. Malhotra counters in court filings that he is willing to settle but the lender’s terms are too onerous. A10 Capital states it holds an entirely unsatisfied $31.8 million judgment from 2022 against Malhotra (Brooklyn 521370/2021)…