Thomas Breen photo
1303 Chapel St.
A large-scale local landlord picked up the blighted former Walter Camp home for $1.2 million from a Long Island developer who failed to follow through on plans to convert the historic building into 13 apartments, in the city’s latest property transactions.
According to the city’s online land record database, on Nov. 19, 1303 Chapel NH LLC, a holding company owned by Shmuel Aizenberg of Ocean Management, purchased the three-story, Second Empire-style building at 1303 Chapel St. from EGEP CT-Israel Invest LLC for $1.2 million.
Long Island developer Eyal Preis, who owns the EGEP CT-Israel Invest LLC holding company, won site plan approval from the City Plan Commission in September 2018 to convert the historic former home of the “Father of American Football” into 13 one‑, two‑, and three-bedroom apartments with a four-story addition.
Preis’s original plans to develop 19 “micro-unit” apartments at the property, which also used to house office space for the AIDS Interfaith Network, had been shot down in 2017 by the Board of Zoning Appeals (BZA). Those commissioners found that Preis did not present a convincing enough argument for why he should receive a variance to allow for a residential property denser than allowed by city zoning law.
Preis’s company purchased the former Camp house in 2017 for $625,000. The city last appraised the building as worth $375,800.
Aizenberg did not respond to a request for comment by the publication time of this article.
The 1303 Chapel purchase represents the third large apartment complex acquisition on in the Dwight and Edgewood neighborhoods by Ocean Management-related holding companies in the past two months. In October, Ocean-related companies purchased a 20-unit apartment complex at 1476 Chapel St. and an 18-unit apartment complex around the corner 80 Sherman Ave.
And on Nov. 7, the Ocean-related holding company SAP RE Holdings LLC purchased the three-family home at 391 Sherman Ave. from C Jenney Properties LLC, a holding company owned by Catherine Jenney and Robert Jenney, for $250,000. The property last sold for $210,000 in 2010. It was last appraised by the city as worth $221,400.
Google Maps photo
83 Main St. Annex.
In other recent sales, holding companies associated with another large-scale local landlord, Mandy Management, bought five different buildings containing 13 apartments in the Annex and Newhallville for a total of $946,000.
On Nov. 20, Gur New Haven II LLC, a holding company owned by Mandy’s Menachem Gurevitch, bought the three-family house at 83 Main St. Annex for $235,000 from Bocce Court LLC, a holding company owned by Louis Panzo and Benhamin Bellucci. The property last sold for $111,000 in 2009. The city last appraised the building as worth $182,700.
Also on Nob. 20, Gur New Haven II LLC spent $235,000 buying the three-family home at 86 Main St. Annex from Bocce Court LLC. The property last sold for $95,000 in 2011, and was last appraised by the city as worth $174,800.
On Nov. 5, Real Estate Group XII LLC, another holding company owned by Gurevitch, purchased the three-family house at 624 Dixwell Ave. from Mervelene Beasley and Winnora Corey for $150,000. The city last appraised the building as worth $146,800.
Elsewhere in Newhallville, on Nov. 14, Real Estate Group XIV LLC, still another holding company owned by Gurevitch, purchased the two-family home at 387 Newhall St. from Newhall J LLC, a holding company owned by Julie Jin and Alex Liu. The property last sold for $70,000 in 2013, and the city last appraised it as worth $122,400.
Also on Nov. 14, Real Estate Group XIV LLC purchased the two-family home at 696 Dixwell Ave. from Newhall J LLC for $163,000. The property last sold for $63,000 in 2013, and the city last appraised it as worth $181,200.
Assessor’s database
274 Ogden St.
And in Prospect Hill, Theodore Cohen purchased the two-story, single-family house at 274 Ogden St. from Lucy Amback for $1.2 million. The property last sold for $1.1 million in 2008, and the city last appraised it as worth $978,300.
Previous property sale coverage:
• Spinnaker Flips Comcast Project For $14.6M
• Sherman Medical Building Sells For $2.7M
• Pike, Mandy Spend $2M+ In Latest Buys
• 200+ Apartments Planned At Empty Eyesore
• Annex Apartments Sold For $3.95M
• Mill River Office Building Sold For $4.65M
• Local Landlords, Albertus Magnus Expand
• Mandy Buys Warehouse For $1.6M
• Pike Collects $890K On Wooster Sq. Sales
• Springside Apartments Sell For $3.2M
• Family Dollar Sells For 1.8M Dollars
• Pike Sells 2 Buildings To Yale For $3.8M
• Mansion Sells For Only $1.45M
• Landlord Tops 340 Units
• High Street Apts Sell For $25M+
• St. Michael’s School Sold, For Apartments
• Ocean Management Acquires Perrotti Westville Properties
• Paris Realty Picks Up 6 Q Meadows Condos
• Landlord Boosts West River Condo Holdings
• $21 Million Changes Hands In 2 Days
• 50 Factory Jobs Coming To Fair Haven
• Brendan Towers Sold For $6M+
• Investors Drop $917K On West Side Condos
• Mandy’s 2018 Buying Spree Nears $13M
• Mandy Empire Buys Up The Block
• Roots Planted In Newhallville
• Latest Sales: Mandy Buying Spree Continues
• Latest Sales: Mandy Expands In City Point
• Latest Sales: East Rock Home Buy Tops $1M
• Latest Deals: Beulah’s 5th Rehab On Block
• Latest Sales: NHR Sheds Small To Focus Big
• Latest Sales: Mandy Buys In Heights
• Home Sale Price Doubles In 13 Years