Steve Hurwitz
CAVU Property Group
Owner
CAVU Property Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$10.3 million – elevator 73.0%, development 26.0%; Brooklyn 94.0%, Bronx 5.0%
2579th largest portfolio by dollar value
134,944 sqft – elevator 44%, D7 42%;
1560th largest by SF
10 properties – Brooklyn 90%, Bronx 10%
147th largest
345 residential units – Brooklyn 94%, Bronx 5%
473th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $12.8 million
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Jackson Group (1)
Top Ten Associated People:
Elliott Chehebar (1)
Recent activity as signatory:
• Jackson Group sold 2251 Nostrand Avenue, Flatlands, Brooklyn for $12.8 million to CAVU Property Group on May 26, 2023.
Latest Stories:
• CAVU Property Group signs $41.1M construction loan for development in Flatlands June 26, 2024
• CAVU Property Group plans 34K sf retail, office building June 06, 2023
• Jackson Group plans 67-unit building in Flatlands June 06, 2023
• CAVU Property Group pays $12.8M to Jackson Group for development in Flatlands May 30, 2023