Genesis Realty Group

People:

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Genesis Realty Group portfolio

$96.2 million* – walkup 50%, elevator 44%; Bronx 92%, Manhattan 6%

578th largest portfolio by dollar value

1,455,611 sqft – elevator 49%, walkup 47%;

228th largest by SF

45 properties – Bronx 93%, Manhattan 4%

219th largest

1,409 residential units – Bronx 92%, Manhattan 7%

171th largest by residential units

Company Activity past 24 months:

Buyer company: 2 for $0

Seller company: 4 for $5.2 million

Top Ten Associated Companies:

Signature Bank (14), PIBLY Residential Programs (4), Laura O’Shea (2)

Top Ten Associated People:

Elizabeth Arato (6), Martin Lalli (4), Laura O’Shea (2)

Recent activity as company:

Laura O’Shea sold 273 East 239th Street, Woodlawn Heights, Bronx for $0 to Genesis Realty Group on August 26, 2024.

Laura O’Shea sold 2870 Marion Avenue, Bedford Park, Bronx for $0 to Genesis Realty Group on August 26, 2024.

Genesis Realty Group sold 2160 Bathgate Avenue, Belmont/Little Italy, Bronx for $607,340 to PIBLY Residential Programs on March 14, 2023.

Genesis Realty Group sold 2162 Bathgate Avenue, Belmont/Little Italy, Bronx for $607,340 to PIBLY Residential Programs on March 14, 2023.

Genesis Realty Group sold N/A East 181st Street, Belmont/Little Italy, Bronx for $2.2 million to PIBLY Residential Programs on March 14, 2023.

Genesis Realty Group sold 4409 3rd Avenue, Belmont/Little Italy, Bronx for $1.8 million to PIBLY Residential Programs on March 14, 2023.

Genesis Realty Group borrowed $8 million from Signature Bank for 4419 Third Avenue, Belmont/Little Italy, Bronx on January 13, 2022.

Genesis Realty Group borrowed $10 million from Signature Bank for 116 E Mosholu Parkway S, Bedford Park, Bronx on January 10, 2022.

Genesis Realty Group borrowed $10.7 million from Signature Bank for 151-165 Nagle Avenue, Washington Heights, Manhattan on January 07, 2022.

Genesis Realty Group borrowed $5.6 million from Signature Bank for 1225 Morris Avenue, Concourse Village, Bronx on January 07, 2022.

Properties:

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

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