Efthimios Zisimopoulos

(Tim Ziss)

Allied Properties

Owner

LinkedIn

Allied Properties portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$15.7 million – office 100%; Brooklyn 100%, Manhattan 0%

1997th largest portfolio by dollar value

117,794 sqft – office 100%;

1701th largest by SF

2 properties – Brooklyn 100%, Manhattan 0%

155th largest

2 foreclosures, 1 bankruptcy, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $15.6 million

Seller signatory: 2 for $21.9 million

Borrower signatory: 1 for $11.9 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Eric C. Roth (2), Steven W Lawitts (2), William J. Newham, III (1), Theresa McCarthy (1), Yong Ho Lee (1), Demetrios Spiropoulos (1), Joshua Zegan (1), Shan An Zhao (1), Igor Vaysberg (1)

Recent activity as signatory:

Allied Properties sold 801 65th Street, Dyker Heights, Brooklyn for $8.2 million to Shan An Zhao on October 02, 2024.

Allied Properties borrowed $11.9 million from Madison Realty Capital for 9201 4th Avenue, Bay Ridge, Brooklyn on November 14, 2023.

Demetrios Spiropoulos sold 9201 4th Avenue, Bay Ridge, Brooklyn for $15.6 million to Allied Properties on November 14, 2023.

Allied Properties sold 213-07 Northern Boulevard, Bayside, Queens for $13.6 million to Yong Ho Lee on August 25, 2023.

Allied Properties borrowed $10.5 million from Dime Community Bank for 437 88th Street, Bay Ridge, Brooklyn on July 18, 2022.

Efthimios Zisimopoulos borrowed $7.8 million from Brick Capital Group for 213-07 Northern Boulevard, Bayside, Queens on May 11, 2022.

Efthimios Zisimopoulos borrowed $10 million from Dime Community Bank for 437 88th Street, Bay Ridge, Brooklyn on January 13, 2022.

Efthimios Zisimopoulos borrowed $8.8 million from Brick Capital Group for 213-07 Northern Boulevard, Queens, Queens on August 24, 2021.

Allied Properties sold 8802 5th Avenue, Bay Ridge, Brooklyn for $21 million to NYC School Construction Authority on August 16, 2021.

Allied Properties sold 429 89th Street, Bay Ridge, Brooklyn for $6 million to NYC School Construction Authority on August 16, 2021.

Latest Stories:

• Shan An Zhao pays $8.2M to Allied Properties for dev site in Dyker Heights October 03, 2024

• $11.9M pre-foreclosure filed at Allied Properties nearly finished Bay Ridge office building August 22, 2024

• Allied Properties acquires $15.6M Bay Ridge office building through bankruptcy November 15, 2023

• Yong Ho Lee pays $13.6M to Allied Properties for office in Bayside August 29, 2023

• Broadfield Realty Capital pays $5.4M for dev site in Dyker Heights January 24, 2022

• NYC School Construction Authority pays $27M to Allied Properties in Bay Ridge August 17, 2021

• Allied Partners buys $16.4M note secured by SPL Properties’ Bay Ridge office May 28, 2021

• Efthimion Zisimopoulos borrows $12M from Dime Community Bank for commercial property in Bay Ridge December 23, 2019

Litigation:

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