Atlantis Management Group

555 S Columbus Ave Mt Vernon, NY 10550

People:

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Atlantis Management Group portfolio

$10.9 million* – industrial 90%, retail 6%; Brooklyn 62%, Bronx 14%

2535th largest portfolio by dollar value

25,812 sqft – industrial 64%, retail 35%;

3816th largest by SF

10 properties – Brooklyn 40%, Bronx 30%

883th largest

Company Activity past 24 months:

Buyer company: 4 for $20.5 million

Seller company: 1 for $7 million

Borrower company: 2 for $13 million

Top Ten Associated Companies:

Signature Investment Group (4), M&T Bank (2), Silvio J. D’Allacco (1), SKF Development (1), Melito family (1), Manny Shurka (1), Shapour Sohayegh (1), Edward Khalil (1), Sion Sohayegh (1), LargaVista Companies (1)

Top Ten Associated People:

Manny Shurka (5), Silvio J. D’Allacco (1), Ayush Kapahi (1), Robert Melito (1), Shapour Sohayegh (1), Edward Khalil (1), Sion Sohayegh (1), Adam Good (1), Walter Graur (1), Kevin J. Dolan (1)

Recent activity as company:

Atlantis Management Group borrowed $7.9 million from M&T Bank for 4147 Throgs Neck Expwy, Throgs Neck, Bronx on November 20, 2024.

Signature Investment Group sold 1092 Rogers Avenue, Flatbush, Brooklyn for $5.5 million to Atlantis Management Group on July 29, 2024.

Signature Investment Group sold 1141 Utica Avenue, East Flatbush, Brooklyn for $5.5 million to Atlantis Management Group on July 29, 2024.

Atlantis Management Group borrowed $5.1 million from M&T Bank for 441 Remsen Avenue, East Flatbush, Brooklyn on July 29, 2024.

Signature Investment Group sold 441 Remsen Avenue, East Flatbush, Brooklyn for $5.5 million to Atlantis Management Group on July 29, 2024.

Signature Investment Group sold 38-01 Beach Channel Drive, Edgemere, Queens for $4 million to Atlantis Management Group on July 05, 2024.

Atlantis Management Group sold 3083 Webster Avenue, Norwood, Bronx for $7 million to SKF Development on May 01, 2024.

Walter Graur sold 1119 Flushing Avenue, East Williamsburg, Brooklyn for $2.1 million to Atlantis Management Group on April 28, 2022.

• Shapour Sohayegh, Edward Khalil and Sion Sohayegh sold 2360 Jerome Avenue, Fordham Heights, Bronx for $4.8 million to Atlantis Management Group on February 16, 2022.

Silvio J. D’Allacco sold 4219 Webster Avenue, Woodlawn Heights, Bronx for $3 million to Atlantis Management Group on January 04, 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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