City Storage Systems

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$3.5 million* – office 65%, industrial 34%; Bronx 34%, Brooklyn 34%

4445th largest portfolio by dollar value

42,826 sqft – office 72%, industrial 27%;

3102th largest by SF

3 properties – Manhattan 33%, Bronx 33%

2719th largest

• City Storage Systems borrowed $6 million from Goldman Sachs for 15 Catherine Street, Chinatown, Manhattan on December 03, 2021.

• Jeffrey Caputo sold 102 Commerce Street, Brooklyn, Brooklyn for $3.8 million to City Storage Systems on October 21, 2020.

• Carolyn Mebel sold 24-26 47th Street, Queens, Queens for $3.7 million to City Storage Systems on September 17, 2020.

• Stonehill Holdings sold 2368 Hoffman Street, Tremont, Bronx for $2 million to City Storage Systems on May 05, 2020.

• City Storage Systems borrowed $5.9 million from Goldman Sachs for 2368 Hoffman Street, Tremont, Bronx on May 05, 2020.

• Daniel J. Gordon sold 40-05 Skillman Avenue, Sunnyside, Queens for $6.6 million to City Storage Systems on March 25, 2020.

• City Storage Systems borrowed $8.2 million from Goldman Sachs for 40-05 Skillman Avenue, Sunnyside, Queens on March 25, 2020.

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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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