Abraham Philip
Cfo
Alma Realty
Owner
Alma Realty portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$734.6 million – elevator 67.0%, walkup 17.0%; Brooklyn 35.0%, Manhattan 34.0%
77th largest portfolio by dollar value
7,437,054 sqft – elevator 69.0%, walkup 18.0%;
31th largest by SF
158 properties – Manhattan 48%, Brooklyn 21%
36th largest
6,879 residential units – Manhattan 41.0%, Brooklyn 34.0%
21th largest by residential units
0 foreclosures, 0 bankruptcies, 14 other court cases.
Person Activity past 24 months:
Buyer signatory: 3 for $28.8 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:
Top Ten Associated People:
Brian Ritter (3)
Recent activity as signatory:
• Alma Realty borrowed $9.8 million from Customers Bank for 5008 Broadway and 4441 Broadway, Inwood, Manhattan on September 20, 2024.
• Sentinel Real Estate sold 4 South Pinehurst Avenue, Washington Heights, Manhattan for $7 million to Alma Realty on September 13, 2023.
• Sentinel Real Estate sold 92 Pinehurst Avenue, Washington Heights, Manhattan for $11.1 million to Alma Realty on September 13, 2023.
• Sentinel Real Estate sold 658-666 West 188th Street, Washington Heights, Manhattan for $10.7 million to Alma Realty on September 08, 2023.