Salvatore Lucchese
The L Group
Owner
18-33 41st Street Astoria, New York 11105
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.
Latest Stories:
• The L Group signs $17M refi with Ponce Bank for mixed-use in Woodside November 15, 2024
• The L Group, S. Lucchese pay $13.3M for 72-unit rental in Astoria April 08, 2024
• Salvatore Lucchese signs $6M refi for 41-unit rental in Astoria May 16, 2023
• Sal Lucchese fully permitted for 18-unit residential building in Astoria October 23, 2020