Oriel Properties, Inc.

Oriel Properties, Inc. appears in 6 NYC deed transactions across 5 buildings. Dates, counterparties, and addresses from public records.

What the record shows

Bought and sold Oriel Properties, Inc. appears on both sides of one building — bought, then sold. The shortest hold was 29-45 Far Rockaway Blvd at 1.3 years. Where both prices were recorded, the resale came in higher by $1.3M.

Bundled closings three buildings changed hands on a single day, 2008-11-12. Same-day multi-building transfers are portfolio deals rather than individual sales, and the buildings in them usually keep sharing an owner afterwards.

Repeat counterparty 1776 PITKIN LLC is on the other side of three of these transfers. A name that recurs across deeds is usually an affiliate, a lender, or the same principal filing under a second entity — it is not by itself evidence of either.

Transfers without a price three of the six recorded transfers carry no sale price. Zero-consideration deeds are routine for restructurings, family transfers, and moves between affiliated entities — they mean the parties changed, not necessarily that the building was sold.

Activity window Recorded activity for Oriel Properties, Inc. runs from 2003 to 2008. Nothing has been recorded in the 17 years since — the entity may still hold the buildings, or a later transfer may sit under a different name.

Spread across boroughs The buildings span two boroughs, led by Brooklyn with four. Buying across boroughs points at an investor rather than a neighbourhood operator.

Buildings on record:

• 1776 Pitkin Avenue
• 1778 Pitkin Avenue
• 1780 Pitkin Avenue
• 1782 Pitkin Avenue
• 29-45 Far Rockaway Blvd

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