Sun Frontier Fudousan Co Purchases Multifamily Properties From Leonid And Iosif Babinsky For $10M

The transaction involved two multifamily walkup buildings located at 356 West 21st Street and 341 West 48th Street in the Chelsea market of Manhattan. The sale was finalized for a total of $10,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,000,000
• Buyer: Sun Frontier Fudousan Co
• Seller: Leonid Babinsky & Iosif Babinsky
• Date of Sale: 10/08/2025
• Market: Chelsea, Manhattan

This deal was facilitated by Japan-based Sun Frontier Fudousan Co., which acquired the properties from sellers Leonid and Iosif Babinsky. The details indicate a strategic expansion for the buyer in the Chelsea and Hell’s Kitchen areas.