Alexico, Rockrose, NuVerse, Aryeh…

Alexico, Rockrose, NuVerse, Aryeh…

News summary


Spot analysis for transfers recorded Thursday

  • Three commercial sales above $5?million, totaling $20?million
  • Three residential sales above $10 million, totaling $63 million
  • Three commercial loans above $5?million, totaling $19?million (The larger loans reported were recorded earlier.)
  • No bankruptcies?above $1?million
  • No pre-foreclosures above $1?million


Commercial Sales, Courts

Soho Properties seeks to block $57M UCC auction for Margaritaville hotel

Sharif El-Gamal’s Soho Properties filed a lawsuit in New York State Supreme Court June 28, 2023, seeking to block a UCC auction set for July 10…

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Alexico sues Rockrose, St. Francis College over $160M Brooklyn Heights sale

Alexico Group filed a lawsuit in New York State Supreme Court yesterday seeking to undo Rockrose Development’s $160 million purchase of the…

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$6.15M Bronx Apple Bank building sale terminated

A contract Apple Bank for Savings as seller signed with Prime Rok Real Estate as buyer to sell 636 Pelham Parkway South in Pelham Parkway, the…


Aryeh Realty sells 8-unit walkup in Yorkville for $7.3M

Shaun Ajodan through the entity 1711 Realty Group LLC paid $7.3 million to Aryeh Realty through the entity 1711 Light LLC for the eight-unit…


Andrew Zafir pays $6.7M to Bronstein Properties for 43-unit walkup in Bay Ridge

Andrew Zafir through the entity 545 85 Properties LLC paid $6.7 million to Bronstein Properties through the entity Bay Ridge 85 LLC for the 43-unit…


Bryant Park Holdings pays $5.5M for 2-family in Park Slope

Bryant Park Holdings through the entity 854 Prez LLC paid $5.5 million to Simon J. Anderson and Christina V. Anderson through the entity…


Dennis & Co. Auto Group pays $4M for industrial in Bedford Park

Dennis & Co. Auto Group through the entity Dco Realty 3230 Jerome LLC paid $4 million to Martha Steadman through the entity Tri Star Garage…


Commercial Loans

NuVerse Advisors signs $65.3M construction loan with Bank Hapoalim for 118-unit project in Astoria

NuVerse Advisors through the entity 3055 Vernon LLC as borrower signed a new construction loan with lender Bank Hapoalim valued at $65.3…

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Urban View Development signs $16.9M rehab construction loan for up to 32 units in Clinton Hill

Urban View Development Group through the entity 87 Irving Realty LLC as borrower signed a rehab construction loan with lender Popular Bank…


Glorious Sun Group signs $8M refi loan with Bank of East Asia for office in Lenox Hill

Glorious Sun Group through the entity G.S. 505 Park, LLC as borrower signed a refi loan with lender Bank of East Asia valued at $8 million for the…




Residential Sales

Three residential sales above $10 million, totaling $63 million

On June 29, 2023, there were three residential sales above $10 million recorded, totaling $63 million. Ask 36 LLC paid $37.5 million to Akmj 520…

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