Asset Realty & Construction Group
1590 Troy Avenue, Brooklyn, NY 11234
People:
Asset Realty & Construction Group portfolio
$4 million* – elevator 55%, development 44%; Bronx 55%, Queens 44%
4197th largest portfolio by dollar value
49,563 sqft – elevator 100%, development 0%;
2872th largest by SF
2 properties – Bronx 50%, Queens 50%
3603th largest
66 residential units – Bronx 100%, Manhattan 0%
1848th largest by residential units
Company Activity past 24 months:
Seller company: 3 for $32.7 million
Borrower company: 1 for $19.7 million
Lender company: 1 for $12.8 million
Top Ten Associated Companies:
Thomas Polsinelli (3), Metropolitan Council on Jewish Poverty (1), Jack Aini (1), Commonwealth Edison Company (1), Columbia Bank (1), Solomon Fried (1), Investors Bank (1), 1st Constitution Bank (1), Criterion Group (1)
Top Ten Associated People:
Thomas Polsinelli (3), Matthew LoCurto (1), Solomon Fried (1), Lisa A. Borghese (1), Yung Ching Siu (1)
Recent activity as company:
• Asset Realty & Construction Group sold 900 East 92nd Street, Canarsie, Brooklyn for $4.5 million to Solomon Fried on June 03, 2024.
• Asset Realty & Construction Group sold 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, and others, Rockaway Park, Queens for $13.5 million to Thomas Polsinelli on March 13, 2024.
• Thomas Polsinelli borrowed $12.8 million from Asset Realty & Construction Group for 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, and others, Rockaway Park, Queens on March 13, 2024.
• Asset Realty & Construction Group sold 789 East 91st Street, East Flatbush, Brooklyn for $14.8 million to Commonwealth Edison Company on December 08, 2023.
• Asset Realty & Construction Group borrowed $19.7 million from Columbia Bank for N/A Rockaway Beach Blvd, Rockaway Beach, Queens on December 08, 2023.
• Asset Realty & Construction Group sold 2-23 Beach 101st Street, Rockaway Beach, Queens for $5.8 million to Jack Aini on September 19, 2022.
• Asset Realty & Construction Group sold 192 Beach 102nd Street, Rockaway Beach, Queens for $3.8 million to Thomas Polsinelli on September 09, 2022.
• Asset Realty & Construction Group sold 3536 Peartree Avenue, Eastchester, Bronx for $5.8 million to Criterion Group on December 17, 2021.
• Asset Realty & Construction Group sold 5361 Preston Court, East Flatbush, Brooklyn for $6.8 million to Metropolitan Council on Jewish Poverty on December 10, 2021.
• Asset Realty & Construction Group borrowed $14.5 million from Investors Bank for 3160 Villa Avenue, Riverdale, Bronx on February 23, 2021.
Latest Stories:
• Thomas Polsinelli pays $13.5M to Asset Realty for two rentals in Rockaway Park (March 14, 2024)
• Criterion Group pays $5.8M to Asset Realty for development site in Eastchester (December 20, 2021)
Properties: