Benjamin Soleimani

Owner

ABJ Properties

Owner

11 Grace Avenue, Suite 405. Great Neck, NY 11021

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ABJ Properties portfolio

$166.4 million* – walkup 84%, mixed-use 10%; Manhattan 43%, Brooklyn 34%

363th largest portfolio by dollar value

1,063,095 sqft – walkup 87%, elevator 8%;

332th largest by SF

107 properties – Brooklyn 38%, Manhattan 30%

79th largest

1,119 residential units – Bronx 42%, Manhattan 34%

214th largest by residential units

Person Activity past 24 months:

Buyer signatory: 18 for $67.9 million

Seller signatory: 1 for $5.8 million

Borrower signatory: 4 for $44.5 million

Developer (new building or major alteration): 3.0 for 8,560 square feet

Top Ten Associated People:

Steven Croman (8), Matthew Becker (8), Neil Kupferman (3), Alan L. Kaufman (2), Ursula Flores (2), John D. McGrath (2), Jerry Atkins (2), Marna E. Bernstein (1), Kenneth Downling (1), Rosalind B. Resnik (1)

Recent activity as company:

Kupferman Family sold 369 7th Avenue and 369 7th Avenue, South Slope, Brooklyn for $6.6 million to ABJ Properties on January 29, 2025.

Gould Investors sold 930 2nd Avenue and 928 2nd Avenue, Turtle Bay, Manhattan for $8.2 million to ABJ Properties on January 27, 2025.

Steven Katz sold 471 7th Avenue, South Slope, Brooklyn for $3.2 million to ABJ Properties on December 26, 2024.

ABJ Properties and Sierra Capital Group borrowed $17 million from JPMorgan Chase for 315 Lincoln Place, 329 Lincoln Place, 323 Lincoln Place, and 319 Lincoln Place, Prospect Heights, Brooklyn on December 16, 2024.

Related Companies sold 329 Lincoln Place, Prospect Heights, Brooklyn for $3.6 million to ABJ Properties on November 20, 2024.

Related Companies sold 323 Lincoln Place, Prospect Heights, Brooklyn for $2.5 million to ABJ Properties on November 20, 2024.

Related Companies sold 319 Lincoln Place, Prospect Heights, Brooklyn for $3.5 million to ABJ Properties on November 20, 2024.

Related Companies sold 315 Lincoln Place, Prospect Heights, Brooklyn for $6 million to ABJ Properties on November 20, 2024.

ABJ Properties sold 32 Avenue A, Alphabet City, Manhattan for $5.8 million to Daniel Ilibassi and John Ilibassi on October 29, 2024.

ABJ Properties borrowed $11.6 million from PGIM Real Estate for 340 East 139th Street, 137 Alexander Avenue, 224 Willis Avenue, 226 Willis Avenue, 208 Willis Avenue, and others, Mott Haven, Bronx on October 09, 2024.

Latest Stories:

• ABJ Properties pays $6.6M to Kupfermans for 10-unit walkup in South Slope (January 31, 2025)

• ABJ Properties pays $8.2M to Gould Investors for two walkups in Turtle Bay (January 28, 2025)

• ABJ Properties pays $3.2M to Steven Katz for 7-unit walkup in South Slope (December 27, 2024)

• ABJ Properties pays $15.6M to Related for 4 adjacent walkups in Prospect Heights (November 21, 2024)

• John, Daniel Ilibassi pay $5.8M to ABJ Properties for mixed-use in Alphabet City (October 30, 2024)

• ABJ Properties pays $6.85M to Related for 3 Brooklyn walkups, bought for $10.8M (August 07, 2024)

• ABJ Properties pays $3.4M for 7-unit walkup in South Slope (July 30, 2024)

• ABJ Properties signs $9.4M refi loan with PGIM for two elevator properties in East Harlem (June 13, 2024)

• ABJ Properties pays $5.1M to Atkins & Breskin for 2 rentals in Bushwick (August 31, 2023)

• ABJ Properties pays $6.4M to Related Companies for two walkups in Gowanus (August 30, 2023)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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