SDG Management nabs Hamilton Heights resi property

Bruce Haley sold 3661 Broadway for $21.8 million

TRD New York /
Nov.November 19, 2018 06:30 PM

3661 Broadway (Credit: Google Maps)

Multifamily investor Bruce Haley sold a Hamilton Heights apartment building for $21.8 million.
The property, at 3661 Broadway, is a six-story mixed-use building with 56 apartments and six commercial units, according to city data. It’s unclear how much Haley paid for the property. However, his company, Lesson Realty Corp., has owned the property since 1982, records show.
The buyer is SDG Management. The firm, headed by Darin Goldstein, is funding the acquisition with a $17.5 million loan from Arbor Realty Trust. The firm’s New York City holdings include properties in the West Village and Upper Manhattan. Last year, it acquired 80 Grove Street, a 14-story apartment building near Washington Square Park. It also owns an Inwood portfolio that includes 189, 201, 213 Sherman Avenue and 512, 530 West 207th Street.
Haley, who has landed on the public advocate’s “worst landlords” list multiple times, accounted for 826 average open violations in 2017. The violations were spread out between eight buildings with a total of 170 units.
Haley also owns Manhattan properties 734 Amsterdam Avenue and 472 Columbus Avenue in the Upper West Side. He could not be reached for comment.

Related Articles

arrow_forward_ios
19 Strong Place and 161 Warren Street (Google Maps, iStock)

Brooklyn’s luxury market has best week since before the pandemic

Brooklyn’s luxury market has best week since before the pandemic
14 East 11th Street and 21 East 61st Street (StreetEasy)

“Bidding war”: $28M townhouse tops luxury deals in Manhattan

“Bidding war”: $28M townhouse tops luxury deals in Manhattan
(iStock)

New home sale prices rise but buyers are hanging back

New home sale prices rise but buyers are hanging back
Abandoned malls are being turned into senior housing, giving planners a chance to rethink retirement communities (iStock)

Abandoned malls get new life as senior housing

Abandoned malls get new life as senior housing
Beneath wall to wall carpeting, brokers find herringbone flooring, behind a coat of paint may be a marble mantle, or hidden away could be antique mirror doors. (iStock)

Hidden treasures: Old homes offer up surprises when readied for sale

Hidden treasures: Old homes offer up surprises when readied for sale
Ronnie Wood and his London home (Getty, Milton Stone)

Rolling Stones guitarist Ronnie Wood lists colorful London townhouse

Rolling Stones guitarist Ronnie Wood lists colorful London townhouse
Bozeman, Montana

Montana’s real estate market shows no signs of cooling heading into winter

Montana’s real estate market shows no signs of cooling heading into winter
French buyers are gobbling up prime London real estate

French buyers are gobbling up prime London real estate

French buyers are gobbling up prime London real estate
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...