City Urban Realty

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City Urban Realty NYC portfolio

$122.8 million* – elevator 40%, mixed-use 25%; Manhattan 51%, Brooklyn 48%

1027th largest portfolio by dollar value

158,475 sqft – elevator 61%, walkup 30%;

1426th largest by SF

10 properties – Manhattan 50%, Brooklyn 50%

834th largest

175 residential units – Manhattan 77%, Brooklyn 22%

966th largest by residential units

9 foreclosures, 2 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 4 for $57.6 million

Seller company: 1 for $6.2 million

Borrower company: 4 for $51.5 million

Top Ten Associated Companies:

Zdzislaw Czerny (3), Calmwater Capital (2), Northeast Bank (2), Signature Bank (2), Antonio Sosa (1), Adrian David Marantz (1), Knowles family (1), Bankwell Bank (1), Dai Park (1), Empire Management (1)

Top Ten Associated People:

Michael Alvandi (2), Dean Chang (1), Brian Doherty (1), Antonio Sosa (1), Brian R. Doherty (1), Dagan LaCorte (1), Jason S. Park (1), Fred Ohebshalom (1), Lisa Ohebshalom (1), Amy Shalom (1)

Recent activity as company:

• City Urban Realty borrowed $31.7 million from Israel Discount Bank for 244 West 72nd Street, Lincoln Square, Manhattan on March 06, 2025.

• Empire Management and Gatsby Enterprises sold 244 West 72nd Street, Lincoln Square, Manhattan for $40 million to City Urban Realty on March 06, 2025.

• City Urban Realty borrowed $5.9 million from Northeast Bank for 421 East 12th Street and 511 East 6th Street, East Village, Manhattan on December 27, 2024.

• Zdzislaw Czerny sold 511 East 6th Street, Alphabet City, Manhattan for $3.4 million to City Urban Realty on December 27, 2024.

• Zdzislaw Czerny sold 421 East 12th Street, East Village, Manhattan for $6 million to City Urban Realty on December 27, 2024.

• City Urban Realty sold 385 Vernon Avenue, Bedford Stuyvesant, Brooklyn for $6.2 million to Yitzchok Schwartz on July 29, 2024.

• City Urban Realty borrowed $7.5 million from Northeast Bank for 107 North 6th Street, Williamsburg, Brooklyn on February 02, 2024.

• City Urban Realty borrowed $6.4 million from Bankwell Bank for 143 Berry Street, Williamsburg, Brooklyn on November 14, 2023.

• Dai Park sold 143 Berry Street, Williamsburg, Brooklyn for $8.2 million to City Urban Realty on November 14, 2023.

• Juan Lopez borrowed $0 from company for 701 Fulton Street, 451 Classon Avenue, 173 Lexington Avenue, and 703 Fulton Street, Fort Greene, Brooklyn on June 30, 2023.