Safe N Lock Self Storage

People:

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Safe N Lock Self Storage portfolio

$673,000* – industrial 100.0%, None 0.0%; Bronx 100.0%, Manhattan 0.0%

6669th largest portfolio by dollar value

5 properties – Brooklyn 80%, Bronx 20%

1764th largest

Top Ten Associated Companies:

Life Storage (2), Traditional Casket Corp. (2), Emerald Creek Capital (1), John Acierno (1), Saperean Capital (1), Sterling National Bank (1)

Top Ten Associated People:

Michael Rogers (2), Kevin Gray (2)

Recent activity as company:

Safe N Lock Self Storage sold 1430 Bruckner Blvd, Soundview, Bronx for $18 million to Life Storage on September 01, 2022.

Safe N Lock Self Storage borrowed $13.5 million from Sterling National Bank for N/A Bronx Boulevard, Hunts Point, Bronx on April 08, 2021.

Safe N Lock Self Storage borrowed $9 million from Emerald Creek Capital for 52-35 74th Street, Elmhurst, Queens on March 29, 2021.

Traditional Casket Corp. sold 52-35 74th Street, Elmhurst, Queens for $14.9 million to Safe N Lock Self Storage on March 29, 2021.

Safe N Lock Self Storage sold 134-31 Montauk Street, Springfield Gardens, Queens for $36.4 million to Life Storage on March 12, 2021.

Traditional Casket Corp. sold 52-35 74th Street, Elmhurst, Queens for $0 to Safe N Lock Self Storage on August 13, 2020.

• John Acierno sold 1440 39th Street, 40 Street, Kensington, Brooklyn for $3.8 million to Safe N Lock Self Storage on December 31, 2019.

Safe N Lock Self Storage borrowed $35.4 million from Saperean Capital for 1426 39th Street, 1428 39th Street, 1440 39th Street, 1446 39th Street, 1456 39th Street, and others, Kensington, Brooklyn on December 31, 2019.

Latest Stories:

• SNL Storage signs $34.6M construction loan with Axos Bank for 54K sf project in Elmhurst (September 07, 2022)

• Life Storage pays $18M to Safe N Lock Self Storage for industrial in Soundview (September 02, 2022)

• Safe N Lock Storage pays $14.9M to Traditional Casket Corp. for property in Elmhurst (March 30, 2021)

• Life Storage pays $36.4M to Safe N Lock for property in Springfield Gardens (March 15, 2021)

• Safe N Lock Storage records purchase contract for warehouse in Elmhurst (August 14, 2020)

• Safe N Lock Storage files plans in Elmhurst, fourth NYC building filed in a month (May 08, 2020)

• Safe N Lock Self Storage LLC pays $15M to John Acierno for commercial properties in Kensington (January 02, 2020)

• Safe N Lock Self Storage borrows $35M from Saperean Capital for new construction in Kensington (January 02, 2020)

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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