Sterling Town Equities

People:

To see the 2 people from this company you need a Professional level subscription

Subscribe ($125/month)

Sterling Town Equities NYC portfolio

$117.7 million* – elevator 84.0%, industrial 10.0%; Brooklyn 99.0%, Manhattan 0.0%

1055th largest portfolio by dollar value

231,579 sqft – elevator 77%, industrial 10%;

1058th largest by SF

12 properties – Brooklyn 100%, Manhattan 0%

715th largest

169 residential units – Brooklyn 100%, Manhattan 0%

988th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 1 for $11.7 million

Borrower company: 1 for $15.6 million

Top Ten Associated Companies:

Bank Hapoalim (2), Morgan Stanley (1), Daniel Chitrik (1), Parkland Group (1), Yanina Associates (1)

Top Ten Associated People:

Cynthia Eckes (1), Daniel Chitrik (1), Steven Brauser (1), Mordechai Braun (1), Tal Shpaizer (1), Douglas Rutley (1)

Recent activity as company:

Parkland Group sold 105 Underhill Avenue and 326 St Marks Avenue, Prospect Heights, Brooklyn for $11.7 million to Sterling Town Equities on August 05, 2024.

Sterling Town Equities borrowed $15.6 million from Yanina Associates for 72 Box Street, Greenpoint, Brooklyn on February 29, 2024.

Sterling Town Equities sold 11 Herkimer Place, Bedford-Stuyvesant, Brooklyn for $3.1 million to Daniel Chitrik on May 05, 2022.

Sterling Town Equities borrowed $14.4 million from Morgan Stanley for 1035 Fulton Street, Clinton Hill, Brooklyn on January 25, 2022.

Sterling Town Equities borrowed $28.7 million from Bank Hapoalim for 546 Atlantic Avenue, 537 Pacific Street, and 535 Pacific Street, Boerum Hill, Brooklyn on August 25, 2021.

Sterling Town Equities borrowed $15 million from Bank Hapoalim for 546 Atlantic Avenue, 537 Pacific Street, and 535 Pacific Street, Boerum Hill, Brooklyn on April 28, 2021.

Sterling Town Equities sold 35 Duffield Street, 178 Concord Street, 182 Concord Streetnot availablenot available, and others, Dumbo, Brooklyn for $0 to company on August 30, 2019.

Latest Stories:

• Sterling Town Equities pays $11.7M for likely dev site in Prospect Heights (August 06, 2024)

• Joyland Group signs $66M construction loan with iCross Capital in Gowanus (March 06, 2024)

• Joyland Group pays $30.5M to Orange Management for dev site in Gowanus (September 28, 2023)

• Orange Management buys out partner at dev site in Gowanus through $21M transaction (September 14, 2023)

• Partnership dispute over Rotem Rosen’s $27.5M Gowanus parcel purchase offer (February 23, 2023)

• Dylan Bell pays $3.1M to Sterling Town Equities for office in Bed Stuy (May 06, 2022)

• $21.6M paid to Property Markets Group for Orange Management dev site in Gowanus (March 14, 2022)

• Sterling Town signs $14.4M refi with Morgan Stanley for 35-unit elevator building in Clinton Hill (January 26, 2022)

• Sterling Town Equities signs $28.7M refi with Bank Hapoalim for three properties in Boerum Hill (August 26, 2021)

• Sterling Town Equities files condo declaration for 21-unit Dumbo project (September 02, 2019)

Court Records:

To see the 1 case for this company you need a Professional level subscription

Subscribe ($125/month)

Properties:

To see the 12 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

Leave a Reply