Salvatore Lucchese

The L Group

Owner

18-33 41st Street Astoria, New York 11105

LinkedIn

The L Group portfolio

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

$11 million – mixed-use 52%, elevator 47%; Queens 100%, Manhattan 0%

2487th largest portfolio by dollar value

89,930 sqft – elevator 57%, mixed-use 42%;

2038th largest by SF

2 properties – Queens 100%, Manhattan 0%

155th largest

72 residential units – Queens 100%, Manhattan 0%

726th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $13.3 million

Seller signatory: 0 for $0

Borrower signatory: 5 for $49.3 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 1 for 19,795 square feet

Top Ten Associated Companies:

Ponce Bank (3), Keith Kurzner (1), Citibank (1), East West Bank (1), Popular Bank (1)

Top Ten Associated People:

Carlos P. Naudon (2), Steven A. Tsavaris (1), Keith Kurzner (1), Anna Gutteridge (1), Chancellor H. Moy (1)

Recent activity as signatory:

The L Group borrowed $17 million from Ponce Bank for 26-50 Brooklyn Queens Expressway, Woodside, Queens on November 14, 2024.

Salvatore Lucchese filed plans for major alteration for 19,795 sqft in Greenpoint, Brooklyn, on June 13, 2024.

The L Groupand Salvatore Lucchese borrowed $9 million from Citibank for 34-50 28th Street, Astoria, Queens on April 05, 2024.

Keith Kurzner sold 34-50 28th Street, Astoria, Queens for $13.3 million to The L Groupand Salvatore Lucchese on April 05, 2024.

Salvatore Luccheseand Philip Loria borrowed $10.3 million from Ponce Bank for 26-50 Borough Place, Woodside, Queens on October 23, 2023.

Salvatore Lucchese borrowed $6 million from Popular Bank for 30-15 33rd Street, Astoria, Queens on May 15, 2023.

Philip Loriaand Salvatore Lucchese borrowed $7 million from Ponce Bank for 18-39 41st Street, Ditmars Steinway, Queens on February 16, 2023.

Salvatore Lucchese filed plans for major alteration for 34,776 sqft in Ditmars Steinway, Queens, on November 28, 2022.

Salvatore Lucchese filed plans for major alteration for 43,250 sqft in Woodside, Queens, on November 02, 2022.

Salvatore Lucchese filed plans for new building for 20,883 sqft in Astoria, Queens, on March 17, 2022.