THE CONDO BOOK PROJECT

Sapir Funding

Named as the sponsor's construction lender in 2 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.

Sapir Funding's 2 buildings in these plans are all in Brooklyn, all new construction, 6 units at the middle, offered at an average $949K per unit. Check size: $3M typical (the median of 2 loans whose size the plan states or ACRIS records), from $2.5M to $3.5M.

Buildings
2
Residential units
12
Typical check
$3M
Year
2025
ManhattanBrooklynQueensBronxStaten Island 1479 Sterling Place Condominium, 1479 Sterling Place256 Putnam Avenue Condominium, 256 Putnam Avenue

Pro · Advanced analysis

Recent Growth

Sapir Funding's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

2 buildings accepted in 2024–2026 (2026 to date), against 0 in 2021–2023. 100% of all 2 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
2025212
20240—
20230—
20220—
20210—

Latest: 1479 Sterling Place Condominium, accepted Nov 20, 2025.

Strongest Relationships

The firms named most often on the same buildings as Sapir Funding, at least 2 in common.

Sponsor's counsel

Tax consultants

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnitsLoan
1479 Sterling Place Condominium1479 Sterling Place · Brooklyn · new constructionNamed as Bullpath Capital Corp. and Sapir Funding LLC · Sponsor: 1479 On LLC · Named on p. 17 ↗20258$2.5M
256 Putnam Avenue Condominium256 Putnam Avenue · Brooklyn · new constructionNamed as Manhattan Bridge Capital Inc. and Sapir Funding LLC · Sponsor: 256 Putnam Ave, LLC · Named on p. 16 ↗20254$3.5M

Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.