Emmut Properties | The Real Deal New York

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Emmut Properties

626 10th Avenue, Suite 1A
New York, NY 10036
(212) 475-0018
Website

Emmut Properties is a small real estate investment firm led by John Young based in Midtown. The firm has made a number of deals over the years, often involving renovating or completely demolishing crumbling (or, in some cases, historic) buildings. In 2007 Emmut fought with Greenwich Village residents over plans to redevelop an eight-story building on Bleecker Street. In 2011 the firm bought three-story Flushing-based mall Seoul Plaza in 2011, five years after opening, and then sold it for nearly double the $13 million price tag in 2015. In 2014 it also converted a one-story Harlem church and sold it into a 13-story residential property, netting a $4 million profit (and setting price-per-square-foot records for the area). It would later that year convert an existing East Harlem apartment building, raising it by five stories. That year Emmut also bought several historic buildings in the Bowery.


01/08/19
...lease at 138 Bowery. The building’s landlord is Emmut Properties. 2) IKEA, 999 Third Avenue, Lenox Hill - 17,530 square feet The Swedish furniture store inked a...

12/19/18
...Street. 2.) In Hell’s Kitchen, John Young’s Emmut Properties picked up a two-story parking garage for $18.4 million, according to a city filing recorded...

12/05/18
...raised $95 million in a Series B funding round. Emmut Properties initially developed 138 Bowery as a mixed apartment and hotel building, but ultimately decided to...

12/04/18
...building that spans 22,300 square feet, was sold by Emmut Properties. It was on the market for $32 million. The five-story Broome Street building, meanwhile, was...

07/30/18
...contract to acquire the building at 151 Bowery from Emmut Properties, a memorandum filed Monday with the city's Department of Finance shows. Lightstone declined to...

06/13/17
...site at 134-142 Bowery that John Young’s Emmut Properties bought for $47 million in 2015 with plans to develop a 62-unit apartment-hotel with retail on...

01/12/16
...will soon become a pair of rental buildings. Emmut Properties just paid $25 million for 433-440 West 53rd Street, a two-story property where Montel Williams...

10/21/15
...-142 Bowery in Nolita Emmut Properties picked up a five-building assemblage on the Bowery in Nolita, paying $47 million. A group...

10/05/15
...space. Robert Zelman purchased the building in 2012 from Emmut Properties for $16.6 million. Ackman-Ziff Real Estate’s Marion Jones and Alan Goodkin are marketing the...

07/23/15
...the Korea Village shopping center in Flushing from Emmut Properties for $26.5 million, The Real Deal has learned. Chang, a powerful South Korea media figure...

02/10/15
...Village shopping center in Flushing off the market, Emmut Properties is making another attempt to sell it, The Real Deal has learned. The nearly...

03/15/14
...Third Avenue in East Harlem  Emmut Properties is gearing up to convert an existing residential building in East Harlem. The firm...

03/11/14
...per square foot, for the church in November. Emmut Properties’ sale of the site generated a $4.1 million profit. It came with nearly 42,700 square feet...

11/06/13
...the purchase price. A Belgium-based family office paid Emmut Properties $386 per square foot for the property on Oct. 28, according to Yiannes Einhorn, a principal...

09/09/11
...Flushing in a very busy area.” Midtown investor Emmut Properties owns the note with an original principal value of $14 million, since purchasing it March...

...of a seven-unit condo at 526 East 80th Street, 538 Emmut Properties LLC. The suit hinged on the fact that a Corcoran broker brought a unit...

...new developments at Coldwell Banker Hunt Kennedy, encouraged Emmut Properties, the developer of a 16-unit residential condominium project at 159 Bleecker Street, to utilize flexible...

...it a lot harder." John Young, principal of Emmut Properties, developer of 159 Bleecker Street, is "one of those who have had the ability to...

...residential developer, the Sun reported. 137 East 13th Street Emmut Properties plans to build a six-story residential condominium, according to the Sun. 531-533 East 12th...
  • Event Retail Leasing
  • Address 138 Bowery
  • Neighborhood Little Italy
  • Borough Manhattan
  • Square feet 63,000
  • Publication Date 12/10/2018
  • Event Date 12/05/2018
  • Party 1 Emmut Properties
  • Party 2 Selina
notes
The hotel and co-working company signed a lease for the Little Italy building.
  • Event Sales
  • Address 415 West 45th Street
  • Neighborhood Clinton
  • Borough Manhattan
  • Square feet 30,210
  • Price $ 18,400,000
  • Price per foot $ 609.00
  • Publication Date 12/10/2018
  • Event Date 12/07/2018
  • Party 1 419 West 45th Street LLC
  • Party 1 Brokerage Heller Organization
  • Party 1 Broker Scott Heller, Stephen Weber, Lou Moskowitz, Adam Heller
  • Party 2 Emmut Properties
  • Party 2 Brokerage Heller Organization
  • Party 2 Broker Scott Heller, Stephen Weber, Lou Moskowitz, Adam Heller
notes
The buyer secured the Clinton property for $18.4 million.
  • Event Retail Leasing
  • Address 626 Tenth Avenue
  • Neighborhood Clinton
  • Borough Manhattan
  • Square feet 4,000
  • Price per foot $ 150.00
  • Publication Date 10/22/2018
  • Event Date 10/15/2018
  • Party 1 626 Emmut Properties
  • Party 1 Brokerage Meridian Capital Group
  • Party 1 Broker James Famularo
  • Party 2 Sanjay Laforest
  • Party 2 Brokerage Meridian Capital Group
  • Party 2 Broker James Famularo
notes
The Mexican cafe signed a 10-year lease for the Clinton space which had an asking rent of $150 per square foot.
  • Event Retail Leasing
  • Address 614 Tenth Avenue
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 3,000
  • Publication Date 09/05/2017
  • Event Date 09/05/2017
  • Party 1 626 Emmut Properties LTD
  • Party 1 Brokerage Eastern Consolidated
  • Party 1 Broker Jeff Geoghegan
  • Party 2 Le Prive
  • Party 2 Brokerage Eastern Consolidated
  • Party 2 Broker James FamularoThe restaurant signed a lease for $160 per square foot.
notes
The restaurant signed a lease for $160 per square foot.
  • Event Sales
  • Address 1985-1991 Third Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 30,000
  • Price $ 16,000,000
  • Price per foot $ 533.33
  • Event Sales
  • Address 1985 Third Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Price $ 2,200,000
  • Publication Date 11/01/2014
  • Event Date 09/17/2014
  • Party 1 1985 Third Ave LLC
  • Party 1 Broker Matthew Sparks
  • Party 2 1991 Emmut Properties
  • Party 2 Brokerage Friedman-Roth Realty
  • Party 2 Broker Richard Guarino
  • Event Sales
  • Address 137 East 13th Street
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 4,500
  • Price $ 3,000,000
  • Price per foot $ 666.67
notes
The vacant two-family building includes a 2,200-square-foot retail component.
Manhattan, 10002
151 EMMUT PROPERTIES LLC
151 Bowery is a 22,285 square foot property built in 1920 in the...
Manhattan, 10019
351 EMMUT PROPERTIES,
409 West 51st Street is a 16,970 square foot property built in 1910...
Manhattan, 10036
521 EMMUT PROPERTIES LLC
525 West 48th Street is a 12,613 square foot property built in 1910...
Manhattan, 10036
521 EMMUT PROPERTIES LLC
523 West 48th Street is a 12,614 square foot property built in 2013...
Manhattan, 10036
Emmut Properties, EMMUT PROPERTIES CORP.
521 West 48 Street is a 30,309 square foot building in the Hell’S...
Manhattan, 10013
138 EMMUT PROPERTIES
136 Bowery is a 6,240 square foot property built in 1900 in the...
Manhattan, 10013
138 EMMUT PROPERTIES
134 Bowery is a 5,045 square foot property built in 1900 in the...
Manhattan, 10019
EMMUT PROPERTIES, EMMUT PROPERTIES CORP.
This property is a new development. The developer(s) filed plans in June of...
Manhattan, 10029
EMMUT PROPERTIES, 1989 3 AVE LLC
This property is a new development. The developer(s) filed plans in March of...
Manhattan, 10036
626 EMMUT PROPERTIES,
...
Manhattan, 10009
EMMUT PROPERTIES CORP.
531 East 12 Street is a 35,010 square foot building in the East...
Manhattan, 10009
525 EMMUT PROPERTIES, LLC
The sponsor(s) filed plans on 08/05/04 for a condo project at 525 East...
Manhattan, 10128
165 EMMUT PROPERTIES
...
Manhattan, 10029
EMMUT PROPERTIES, 1989 3 AVE LLC
This property is a new development. The developer(s) filed plans in March of...
Manhattan, 10019
EMMUT PROPERTIES, EMMUT PROPERTIES CORP.
This property is a new development. The developer(s) filed plans in June of...