Infinity Real Estate

(Infinity Collective)

43 West 24th Street, 10th Floor New York NY 10010

People:

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Infinity Real Estate portfolio

$8.2 million* – condo 61%, retail 38%; Manhattan 61%, Brooklyn 38%

2980th largest portfolio by dollar value

18,377 sqft – condo 57%, retail 42%;

4318th largest by SF

2 properties – Manhattan 50%, Brooklyn 50%

3288th largest

Company Activity past 24 months:

Buyer company: 1 for $13.3 million

Seller company: 1 for $42 million

Borrower company: 1 for $9 million

Top Ten Associated Companies:

Turret Equities (1), Namdar Realty Group (1), Mason Asset Management (1), Sterling National Bank (1), Raymour & Flanigan (1), Madison International Realty (1), Kevin D. Gray (1), Yevgeniy Yermakov (1), Broad Street Development (1), Israel Discount Bank (1)

Top Ten Associated People:

David E. Dweck (1), Justin Amirian (1), Carrie C. Aducci (1), Raymond Chalme (1)

Recent activity as company:

Infinity Real Estate borrowed $9 million from Israel Discount Bank for 40 Bleecker Street, NoHo, Manhattan on December 23, 2024.

Broad Street Development sold 40 Bleecker Street, NoHo, Manhattan for $13.3 million to Infinity Real Estate on December 23, 2024.

• Infinity Collective sold 2505 Richmond Avenue, New Springville, Staten Island for $42 million to Raymour & Flanigan on March 20, 2023.

• Infinity Collective sold 587 Fifth Avenue, Midtown East, Manhattan for $14.6 million to Namdar Realty Group and Mason Asset Management on January 30, 2023.

• Infinity Collective sold 22 East 36th Street, Grand Central, Manhattan for $5.4 million to Turret Equities on February 02, 2022.

Infinity Real Estate borrowed $6.6 million from Sterling National Bank for 1245 Fulton Street, Bedford-Stuyvesant, Brooklyn on December 13, 2021.

• Infinity Collective sold 55-03 Myrtle Avenue, Ridgewood, Queens for $17.5 million to Kevin D. Gray on May 14, 2021.

Madison International Realty sold Shops at Richmond Avenue at 2505 Richmond Avenue, Staten Island, Staten Island for $31.5 million to Infinity Real Estate on September 09, 2020.

Infinity Real Estate sold 205 Bleecker Street, West Village, Manhattan for $10 million to Yevgeniy Yermakov on May 14, 2020.

Latest Stories:

• Infinity pays $13.3M to Broad Street for retail in NoHo (December 24, 2024)

• Namdar, partners sign $111.2M loan for Fifth Avenue office properties (September 28, 2023)

• Raymour & Flanigan pays Infinity Collective, partners, $42M for retail in Staten Island, up from $31.5M in 2020 (March 20, 2023)

• Namdar, Mason Asset Management acquire Midtown East office through ground lease valued at $14.6M (January 31, 2023)

• David Dweck’s Turret Equities pays $5.4M, assumes debt, for elevator building in Grand Central (February 03, 2022)

• Kevin Gray pays $17.5M to Infinity Collective for new medical building in Ridgewood (May 17, 2021)

• Condo declaration recorded for Broad Street’s $308M 40 Bleecker (November 05, 2020)

• Infinity pays $32M to Madison International for shopping center in Staten Island (September 10, 2020)

• Steven Kassin’s Infinity Real Estate sells West Village retail condo to Yevgeniy Yermakov for $10M (May 15, 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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