Dalan Real Estate through the entity 116 Bedford Holdings LLC paid $6.6 million to Bren Salamon and Alexander Maroni through the entity 1193 Bergen LLC for the six-unit mixed-use building (S5) at 116 Bedford Avenue in Williamsburg, Brooklyn. The deal closed on December 28, 2023 and was recorded on January 18, 2024. The property has 6,735 square feet of built space and 749 square feet…
Oren Neria through the entity 2067 Broadway Owner LLC, paid $9.9 million for the office and retail building (O6) at 2067 Broadway in Lincoln Square, Manhattan, which Ashkenazy Acquisition lost in a foreclosure sale. The deal closed on December 28, 2023 and was recorded on January 18, 2024. The property has 20,790 square feet of built space and 9,959 square feet of additional air rights…
Garbo & Company through the entity Catalpa Apartments LLC paid $1.5 million for the six-unit residential walkup building (C2) at 62-15 Catalpa Avenue in Ridgewood, Queens. The deal closed on January 8, 2024 and was recorded on January 16, 2024. The property has 5,724 square feet of built space according to a PincusCo analysis of city data. The sale price per built square foot is…
Stephanie Lin and Jeffrey Yu through the entity 389 Second Avenue LLC paid $3.6 million to the nonprofit entity Tree Of Life Fellowship for the seven-unit property (C7) at 389 Second Avenue in Gramercy, Manhattan. The defunct Jewish educational nonprofit signed a contract in January 30, 2023, to sell its second of two Manhattan properties. The previous property the nonprofit sold was in Turtle Bay,…
Greenbrook Partners and Carlyle Group paid $8.37 million to Elazar Orlofsky for two adjacent residential walkups at 33 and 35 Lexington Avenue in Clinton Hill, Brooklyn, in two separate transactions. In the first, Greenbrook Partners and Carlyle Group through the entity Townhouse Rental II, L.L.C. paid $4.185 million to Elazar Orlofsky through the entity 33 Lexington Avenue LLC for the five-unit residential walkup building (C2)…
Haimo Zhong through the entity 1010 Archer Ave LLC paid $4.6 million to Hector Florimon through the entity F&P Development Corp. for the development site (V1) at 149-21 Archer Avenue in Jamaica, Queens. On the lot, there was one new building construction project for a 68-unit, 31,812 square-foot R-1 building. The project was submitted by A&R Properties Group and filed by Joshua Asherian with plans…
Angela Gazivoda paid $7.8 million to Lemle & Wolff Companies for three residential walkup properties in the Bronx, at 2078 Morris Avenue, 1812 Harrison Avenue and 1 East Tremont Avenue with a total of 105 residential units. In the first, Angela Gazivoda through the entity 2078 Morris LLC paid $5.3 million to Lemle & Wolff Companies through the entity Lemle Realty Corporation for the 72-unit…
Builders Group USA through the entity 972 Bushwick LLC paid $7 million to Royalton Capital through the entity Artemesia Spe LLC for the industrial building (G7) at 972 Bushwick Avenue in Bushwick, Brooklyn. The deal closed on January 5, 2024 and was recorded on January 17, 2024. The property has zero square feet of built space and 16,353 square feet of additional air rights for…
Weiqiang Lin and Aiyue Zhang through the entity Dale NY LLC paid $7.5 million to Deborah Rosenberg and Annette Wiesel through the entity A&Z Huron LLC for the industrial building (F5) at 249 Huron Street in Greenpoint, Brooklyn, specialty building (Z9) at 238 Huron Street in Greenpoint, Brooklyn, and specialty building (Z9) on Huron Street in Greenpoint, Brooklyn. The deal closed on January 10, 2024…
Dominic Kim through the entity 805-807 East LLC paid $11.2 million to Angelo Tigri through the entity 201 Madison Realty Corp. for the 10-unit residential walkup building (C7) at 805 Lexington Avenue in Lenox Hill, Manhattan. The deal closed on November 27, 2023 and was recorded on January 17, 2024. The property has 9,452 square feet of built space and 11,966 square feet of additional…
Related Companies and Sterling Equities through the entity QDG II Acquisitions LLC paid $12.3 million to Benaim x Partners through the entity Jyb 126 LLC for the industrial building (G2) at 126-16 Northern Boulevard Sr South in Willets Point, Queens and specialty building (Z9) at 126-17 34th Avenue in Willets Point, Queens. The deal closed on January 11, 2024 and was recorded on January 17,…
Poly Prep Country Day School through the entity Poly Prep Country Day School paid $13.5 million to Brooklyn Society for Ethical Culture for the school building (W3) at 53 Prospect Park West in Park Slope, Brooklyn. The deal closed on November 21, 2023 and was recorded on January 17, 2024. The property has 5,724 square feet of built space and 33,464 square feet of additional…
Shanghai Commercial Bank filed a pre-foreclosure action against an affiliate of the Chen family over a $20.85 million loan secured by 250 Lafayette Street in SoHo, nearly two weeks after the Chens placed a stalled $91 million Garment District residential condominium project into bankruptcy to protect it from creditors including Shanghai Commercial Bank. Case LINK The Chen family, including Lucia and Ted Chen, has owned…
West Egg Development through the entity Dakota United Group LLC as borrower signed a new construction loan with lender Ponce Bank valued at $16 million for the development parcel (V1) at 215-16 Northern Boulevard in Bayside, Queens. On the lot, there is one active new building construction project for a 34-unit, 39,997 square-foot R-2 building. The project was submitted by Ben Mahfar and filed by…
Prime Group Holdings through the entity Prime Storage Bronx MLK Boulevard, LLC as borrower signed a refi loan with lender Societe Generale through the entity Societe Generale Financial Corporation valued at $31.5 million for five industrial properties including the industrial building (F2) at 950 University Avenue in Highbridge, Bronx. The deal closed on January 8, 2024 and was recorded on January 16, 2024. The prior…
VAJA Group through the entity The Glebe Castle LLC as borrower signed a new construction loan with lender Popular Bank through the entity Popular Bank valued at $36.2 million for an 81-unit project at 2121 Glebe Avenue in Westchester Square, Bronx. There is a new building project for an 81-unit, 61,859 square-foot R-2 building submitted by Isaac Rosenberg and Joel Wagschal and filed by Isaac…
Barrier Free Living through the entity 270 East 2nd Street Partners LLC as borrower signed a new construction loan with lender Merchants Bank of Indiana and NYS Homeless Housing and Assistance Corporation valued at $45.3 million for the development (V1) at 270 East 2nd Street in Alphabet City, Manhattan. On the lot, there is one active new building construction project for a 75-unit, 65,696 square-foot…
Bren Salamon through the entity 217 Hancock Corp. paid $2.3 million to Meir Hillel through the entity 276 Smith Street Realty LLC for the two-unit mixed-use building (S2) at 276 Smith Street in Carroll Gardens, Brooklyn. The deal closed on January 3, 2024 and was recorded on January 16, 2024. The property has 2,700 square feet of built space according to a PincusCo analysis of…
RYCO Capital through the entity West Lake 135-139 Avenue A LLC paid $19.1 million to the entity Herrick 137 LLC for the 31-unit residential elevator building (D9) at 135 Avenue A in East Village, Manhattan. The deal closed on December 20, 2023 and was recorded on January 16, 2024. The property has 27,266 square feet of built space and 8,977 square feet of additional air…
Slate Property Group and RiseBoro Community Partnership through the entity Rb 135th Avenue Owner LLC paid $64 million to McSam Hotel Group through the entity Jfk Hotel Partners LLC for the hotel building (H3) at 144-02 135th Avenue in South Ozone Park, Queens, near John F. Kennedy International Airport. To finance the purchase and repositioning of the hotel into 318 residential units, Slate Property Group…
