Matthew Engel
Langsam Property Services
Owner
1601 Bronxdale Ave Ste 201. Bronx, NY 10462
Langsam Property Services portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$150.1 million – walkup 68%, elevator 31%; Bronx 90%, Manhattan 7%
378th largest portfolio by dollar value
3,226,584 sqft – walkup 64%, elevator 35%;
95th largest by SF
88 properties – Bronx 94%, Manhattan 4%
74th largest
3,519 residential units – Bronx 91%, Manhattan 6%
44th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $3.1 million
Seller signatory: 2 for $7.1 million
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:
New York Community Bank (2), Signature Bank (1), Federation Cortlandt Housing Development Fund Corporation (1), Roy Gerstner (1), Alfredo Quiones (1)
Top Ten Associated People:
Elizabeth Arato (1), Serena M. Stoniek (1), Serena M. Stonick (1), Alfredo Quiones (1)
Recent activity as signatory:
• Alfredo Quiones sold 909 Castle Hill Avenue, Unionport, Bronx for $3.1 million to Rajive Maretand Xhelal Ahmetajand Matthew Engel on December 05, 2024.
• Steve Zervoudis sold 4533 Third Avenue, Belmont/Little Italy, Bronx for $2.2 million to Roy Gerstner on November 21, 2024.
• MLappin & Associates sold 10 Van Cortlandt Avenue East, Bedford Park, Bronx for $4.9 million to Federation Cortlandt Housing Development Fund Corporation on September 12, 2024.
• Langsam Property Services borrowed $9.4 million from Signature Bank for 1240 Walton Avenue, Concourse, Bronx on June 13, 2022.
• Langsam Property Services borrowed $5.2 million from New York Community Bank for 1730 Harrison Avenue, Morris Heights, Bronx on June 07, 2022.
• Matthew Engel borrowed $6.8 million from New York Community Bank for 1700 Harrison Avenue, Morris Heights, Bronx on June 06, 2022.