Prosper Property Group
People:
Prosper Property Group portfolio
$27.2 million* – office 87%, mixed-use 4%; Brooklyn 87%, Manhattan 8%
1413th largest portfolio by dollar value
116,810 sqft – office 89%, elevator 8%;
1740th largest by SF
4 properties – Manhattan 50%, Brooklyn 25%
1833th largest
10 residential units – Queens 100%, Manhattan 0%
4042th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $53.2 million
Borrower company: 1 for $31.2 million
Top Ten Associated Companies:
Fieldpoint Private Bank & Trust (1), Virgil Chong (1), Meadow Partners (1), Argentic Investment Management (1), Paul Stallings (1)
Top Ten Associated People:
Adam P. Ercoli (1), Virgil Chong (1), Jeffrey Kaplan (1), Ryan Supple (1), Thomas L. Gazianis (1)
Recent activity as company:
• Prosper Property Group, Zuccarello Zerillo & Company and GRA Equities borrowed $31.2 million from Argentic Investment Management for 57 Willoughby Street, Downtown Brooklyn, Brooklyn on August 09, 2024.
• Meadow Partners sold 57 Willoughby Street, Downtown Brooklyn, Brooklyn for $48 million to Prosper Property Group, Zuccarello Zerillo & Company and GRA Equities on August 09, 2024.
• Virgil Chong sold 305-307 Church Street, Tribeca, Manhattan for $5.2 million to Prosper Property Group on February 07, 2024.
• Prosper Property Group borrowed $5 million from Fieldpoint Private Bank & Trust for 27-10 37th Avenue, Long Island City, Queens on September 30, 2022.
• Prosper Property Group for Damien Smith filed plans for new building for 149,866 sqft in Rego Park, Queens, on September 03, 2021.
• Paul Stallings sold 61 Pitt Street, Lower East Side, Manhattan for $8.5 million to Prosper Property Group on July 13, 2020.
Latest Stories:
• Prosper Property Group pays $5.2M for mixed-use in Tribeca (February 08, 2024)
• Meadow signs $59.4M refi with Fortress for office building in Downtown Brooklyn (October 04, 2021)
• Damien Smith signs $22M construction loan with Parkview Financial for LES project (May 21, 2021)
• Prosper Property Group pays $10.5M to Paul Stallings for LES development site (July 14, 2020)
Properties: