Sterling Town Equities
People:
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)
• 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 Equities files condo declaration for 21-unit Dumbo project (September 02, 2019)
Court Records:
Properties: