Chris Furie through the entity CF Richmond LLC paid Brookfield Properties through the entity Staten Island Frosty Outparcel LLC $3.2 million for the strip retail building (K5) at 26 Richmond Hill Road in New Springville, Staten Island. The deal closed on February 2, 2024 and was recorded on February 6, 2024. The property has 3,337 square feet of built space and 22,180 square feet of…
Theodore Shane through the entity 873 E 228th Owner, LLC paid $4.7 million to Andrea Gjini through the entity 873 East 228 Street LLC for the 16-unit residential walkup building (C1) at 873 East 228th Street in Wakefield, Bronx. On the lot, there was a new building construction project for a 16-unit, 10,166 square-foot residential (R-2) building. The project was submitted by L. Leguci with…
Richard Watson through the entity Emerge Capital – QB LLC paid $5 million to Samuel B. Akuoku through the entity Vas Development Corp for the retail building (O5) at 224-14 to 224-22 Merrick Boulevard in Laurelton, Queens. The deal closed on January 26, 2024 and was recorded on February 6, 2024. The six property has 14,000 square feet of built space and 7,035 square feet…
UPDATED: Parag Sawhney and Raymond Chera’s Penn South Capital paid $14.7 million to Kushner Companies for two walkup buildings at 325 East 10th Street and 23 Avenue A in Alphabet City, Manhattan, in two separate transactions. The Real Deal reported on these transactions last week, saying it was part of a $41 million portfolio sale. In the larger, Penn South Capital through the entity 325ev1…
Edion Mecaj’s EM Group through the entity Broadway Partners Realty LLC paid $17 million to Damien Smith and Jack Caliendo through the entity 12 Street & Broadway LLC for the industrial building (G1) at 11-06 Broadway in Astoria, Queens. Edion Mecaj closed in December 2023 on the $6.5 million purchase of the other half of this entire city block. On the lot, there is one…
Abraham Sieger through the entity Jacob’s Ladder Realty LLC as borrower signed a refi loan with lender Cross River Bank valued at $23 million for the specialty building (I7) at 3200 Baychester Avenue in Eastchester, Bronx. On the lot, there was a major alteration construction project for a 117,954 square-foot I-2 building. The project was submitted by Abraham Sieger with plans filed November 2, 2017…
Abraham Brach through the entity Sig 314 Rutledge LLC as borrower signed a new construction loan with lender Levon Capital through the entity Levon Ny Lxxiii LLC valued at $15 million for the development building (V1) at 314 Rutledge Street in Williamsburg, Brooklyn. On the lot, there is one active new building construction project for a 42,221 square-foot building. The project was submitted by Abraham…
Black Spruce Management and Orbach Affordable Housing Solutions through the entity 2 Sutton Place N LLC as borrower signed a refi loan with lender Apollo Global Management through the entity Athene Annuity And Life Company valued at $146 million for the 209-unit residential elevator building (D8) at 1113 York Avenue in Lenox Hill, Manhattan. The deal closed on January 31, 2024 and was recorded on…
Aaron Weiss and Simon Schwartz through the entity Shloishu Elunois LLC paid $2.5 million to Goodman Capital through the entity Citi Servicing LLC for the 33-unit residential walkup building (C1) at 2306 Albemarle Road in Flatbush, Brooklyn. The deal closed on January 23, 2024 and was recorded on February 5, 2024. The property has 25,900 square feet of built space according to a PincusCo analysis…
Imre Kaufman through the entity 128 Ft Greene LLC paid $2.6 million to the estate of Michael A. DeVito for the eight-unit residential walkup building (C5) at 128 Ft Greene Place in Fort Greene, Brooklyn. The deal closed on January 29, 2024 and was recorded on February 5, 2024. The property has 3,500 square feet of built space and 692 square feet of additional air…
Quran Academy for Young Scholars paid $4.2 million to Iglesia Alianza Cristiana y Misionera Hispana de Queens for the three-unit specialty building (M1) at 166-15 89th Avenue in Jamaica, Queens and industrial building (G7) at 166-19 89th Avenue in Jamaica, Queens. The deal closed on January 23, 2024 and was recorded on February 5, 2024. The two properties have 3,780 square feet of built space…
Henry Friedman through the entity 444 East 13th Street Associates LLC paid $4.2 million to Stabilis Capital Management through the entity 444 Lender, LLC for the 15-unit residential walkup building (C7) at 444 East 13th Street in East Village, Manhattan. The deal closed on January 23, 2024 and was recorded on February 5, 2024. The property has 12,384 square feet of built space according to…
Carlyle Group through the entity Townhouse Rental II, L.L.C. bought a stake in Greenbrook Partners’ four-unit building (C3) at 105 Carroll Street in Carroll Gardens, Brooklyn, in a recapitalization valued at $4.5 million. The deal closed on January 31, 2024 and was recorded on February 5, 2024. The property has 3,360 square feet of built space according to a PincusCo analysis of city data. The…
VAJA Group paid $21.5 million to affiliates of Rani Dishi and others in two transactions for two development parcels at 11-14 35th Avenue and 35-30 12th Street in Astoria, Queens. On the lot, there is one active new building construction project at 35-10 12th Street for a 152-unit, 102,994 square-foot residential (R-2) building. The project was submitted by VAJA Group and filed by Moses Freund…
The Swiss hotel company HERA Hospitality Property, which is affiliated with Wolfgang Hotels & Resorts, through the entity Hera Hospitality Property AG signed a 99-year lease valued at $20.6 million with landlord BD Hotels through the entity Elysee Hotel, LLC for the hotel building (H1) at 60 East 54th Street in Midtown East, Manhattan. The deal closed on January 1, 2024 and was recorded on February…
Pinches Abowitz through the entity Foam Place Holdings L.L.C. as borrower signed a new construction loan with lender Popular Bank valued at $12.6 million for the development building (V1) at 11-19 Foam Place in Far Rockaway, Queens. There is a new building project for a 66-unit, 45,647 square-foot residential (R-2) building submitted by Marcal Group and filed by Abraham Caller with plans filed February 16,…
6R Capital Group through the entity 6R Tribeca Owner 2021 LLC as borrower signed a refi loan with lender T30 Capital through the entity Forthill Tribeca Holder, LLC valued at $42 million for seven properties with 10 residential units including the 10-unit mixed-use building (K4) at 74 Warren Street, at 72 Warren Street, and at 88 West Broadway in the Financial District, Manhattan. The deal…
Eliezer Weiser through the entity 143 Rodney Holdings LLC paid $2.6 million to Moshe Labin through the religious entity Khal Chareidim for the six-unit residential walkup building (C2) at 143 Rodney Street in Williamsburg, Brooklyn. The deal closed on January 23, 2024 and was recorded on February 2, 2024. The property has 3,608 square feet of built space and 1,737 square feet of additional air…
Kamil Wasilewski through the entity 922 Manhattan Avenue LLC paid $3.3 million for the three-unit mixed-use building (S3) at 922 Manhattan Avenue in Greenpoint, Brooklyn. The deal closed on December 7, 2023 and was recorded on February 2, 2024. The property has 3,750 square feet of built space and 1,185 square feet of additional air rights for a total buildable of 4,938 square feet according…
Oleksandr Nad through the entity 92 Ppsw LLC paid $3.5 million to John Wu through the entity Progressive Development Partners, LLC for the development site (V0) at 92 Prospect Park Sw in Windsor Terrace, Brooklyn. The deal closed on January 31, 2024 and was recorded on February 2, 2024. The property has zero square feet of built space and 17,730 square feet of additional air…
