Transfers

Joel Schwartz through the entity 188 Ainslie LLC as borrower signed a construction loan with lender BridgeCity Capital through the entity Bcc Funding Crf LLC valued at $8.5 million for projects at 188 and 190 Ainslie Street in Williamsburg, Brooklyn. On these lots, there are two active new building construction projects and major alteration projects with initial costs more than $5 million, totaling 10,075 square…

Related Companies and Sterling Equities through the entity QDG II Acquisitions LLC paid $2.4 million to Gloria Brehl’s Cabre Realty Corp for the industrial building (G2) at 126-12 Northern Boulevard in Willets Point, Queens. The deal closed on February 9, 2024 and was recorded on February 15, 2024. The property has 4,360 square feet of built space and 13,637 square feet of additional air rights…

Il Sun Lee and In Yong Lee of 1422 Juno Realty Corp. paid $3 million to Mayfair Ocean LLC for the six-unit mixed-use building (S5) at 1422 2nd Avenue in Lenox Hill, Manhattan. The deal closed on February 14, 2024 and was recorded on February 15, 2024. The property has 6,600 square feet of built space and 9,392 square feet of additional air rights for…

Zev Mayer through the entity 1268s LLC as borrower signed a refi loan with lender Valley National Bank valued at $27 million for the 90-unit residential elevator building (D1) at 1258-1268 Shakespeare Avenue in Highbridge, Bronx. On the lot, there is one active new building construction project for a 90-unit,  residential (R-2) building. The project was submitted by Zev Mayer with plans filed March 14,…

Medhat K. Mohamed through the entity Astoria 2337 LLC paid $2 million to Theodore Douros through the entity 23-37 Astoria Blvd, LLC for the nine-unit residential walkup building (C1) at 23-37 Astoria Boulevard in Astoria, Queens. The deal closed on February 1, 2024 and was recorded on February 14, 2024. The property has 5,400 square feet of built space and 1,551 square feet of additional…

Tse C. Yuan through the entity Cp 2022 LLC paid $3 million to Little Flock Church through the entity The Little Flock Church for the specialty building (M1) at 69-38 47th Avenue in Maspeth, Queens. The deal closed on January 31, 2024 and was recorded on February 14, 2024. The property has 7,687 square feet of built space and 491 square feet of additional air…

Leon Mann through the entity Broadway Stockton LLC as borrower signed a refi loan with lender TD Bank valued at $22 million for the 71-unit residential elevator building (D7) at 912 Broadway in Bedford Stuyvesant, Brooklyn. The deal closed on January 23, 2024 and was recorded on February 13, 2024. The prior lender was Metropolitan Commercial Bank which held debt that had an original loan…

Brause Realty through the entity New Second Avenue Owner LLC as borrower signed a new construction loan with lender JPMorgan Chase valued at $75 million for the 157-unit development project at 729 Second Avenue in Murray Hill, Manhattan. The deal closed on February 6, 2024 and was recorded on February 13, 2024. The signatory for Brause Realty was David A. Brause. This is a 128,983-square-foot,…

Bindu Dalal through the entity Marigold West LLC acquired the tenth floor office cooperative unit from Issac Sutton of Century Development & Leasing through the entity JSI 31st Holdings LLC for $4.2 million in the commercial cooperative building (O6) at 25 West 31st Street in Penn Plaza, Manhattan. The deal closed on February 6, 2024 and was recorded on February 13, 2024. The property has…

An affiliate of MKF Realty through the entity Property 46 East LLC bought a 31 percent stake in the MKF Realty retail building (K2) at 639 West 46th Street in Hell’s Kitchen, Manhattan, which valued the property at $13.75 million. The seller entity was 639 West 46 Street LLC. The specific identities of the buyers and sellers were not clear. The sale closed on January…