Edward Ostad
Owner
Edward Ostad portfolio
$184.8 million* – walkup 39%, mixed-use 38%; Manhattan 45%, Brooklyn 41%
328th largest portfolio by dollar value
776,741 sqft – walkup 42%, elevator 36%;
428th largest by SF
63 properties – Brooklyn 57%, Manhattan 31%
149th largest
783 residential units – Manhattan 59%, Brooklyn 22%
297th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 9 for $40.5 million
Borrower signatory: 2 for $24.5 million
Top Ten Associated Companies:
Signature Bank (7), New York Community Bank (4), Danielle Downing (4), Suzanne Castagna (2), John Delsoin (1), Jeffrey Parras (1), Vanbarton Group (1), Santander Bank (1), Joseph Hentze (1), Bongju Shim (1)
Top Ten Associated People:
Danielle Downing (4), Suzanne Castagna (2), John Delsoin (1), Jeffrey Parras (1), Justin B. Kleinman (1), Gail Naviasky (1), Joseph Hentze (1), Bongju Shim (1), Ann Hwa Yup Shim (1), Edward J. Bullard, Jr. (1)
Recent activity as company:
• Allegrino Sale sold 433 Court Street and 431 Court Street, Carroll Gardens, Brooklyn for $5.7 million to Edward Ostad on December 19, 2024.
• Related Companies sold 103 3rd Place, Carroll Gardens, Brooklyn for $3.4 million to Edward Ostad on November 21, 2024.
• Suzanne Castagna sold 115 Seigel Street and 100 Graham Avenue, Williamsburg, Brooklyn for $3.8 million to Edward Ostad on November 13, 2024.
• Suzanne Castagna sold 98 Graham Avenue, Williamsburg, Brooklyn for $3.5 million to Edward Ostad on November 13, 2024.
• Edward Ostad borrowed $10 million from Citibank for 817 9th Avenue and 819 9th Avenue, Hell’s Kitchen, Manhattan on July 24, 2024.
• Edward Ostad borrowed $14.5 million from Amalgamated Bank for 714 Greenwich Street, 746 9th Avenue, 301 East 90th St, and 723 11th Avenue, West Village, Manhattan on March 29, 2024.
• Danielle Downing sold 723 11th Avenue, Hell’s Kitchen, Manhattan for $5 million to Edward Ostad on March 29, 2024.
• Danielle Downing sold 746 Ninth Avenue, Hell’s Kitchen, Manhattan for $7.2 million to Edward Ostad on March 29, 2024.
• Danielle Downing sold 714 Greenwich Street, West Village, Manhattan for $4.4 million to Edward Ostad on March 29, 2024.
• Danielle Downing sold 1732 2nd Avenue, Yorkville, Manhattan for $5.2 million to Edward Ostad on March 29, 2024.
Latest Stories:
• Edward Ostad pays $5.7M for two mixed-use, retail building in Carroll Gardens (December 20, 2024)
• Edward Ostad pays $3.4M to Related for 8-unit walkup in Carroll Gardens (November 22, 2024)
• Edward Ostad pays $7.25M for 3 buildings in Williamsburg (November 14, 2024)
• Son Dinh Tran signs $30M refi with Citibank for eight properties in NYC (August 13, 2024)
• Edward Ostad pays $21.9M for four walkups in Manhattan (April 01, 2024)
• Son Dinh Tran pays $4M for residential walkup in East Village (December 16, 2022)
• Edward Ostad pays $3.8M to Joseph Hentze for 7-unit walkup in Sunset Park (July 13, 2022)
• Tristar Management pays $6.2M to SMA Equities for retail in Melrose (May 24, 2022)
• Edward Ostad pays $8.5M for two mixed-use properties in Hell’s Kitchen (May 18, 2022)
• Edward Ostad pays $4M to Abingdon Square for residential walkup in Sunset Park (April 07, 2022)
Court Records:
Properties: