Palestra Properties
Palestra Properties NYC portfolio
$38.5 million* – condo 66.0%, retail 33.0%; Brooklyn 66.0%, Queens 33.0%
2137th largest portfolio by dollar value
28,879 sqft – condo 55%, retail 44%;
3655th largest by SF
3 properties – Brooklyn 66%, Queens 33%
2361th largest
Top Ten Associated Companies:
KeyBank (2), Samuel Genet (1), Hua Shan Chen (1)
Top Ten Associated People:
Samuel Genet (1), Hua Shan Chen (1)
Recent activity as company:
• Hua Shan Chen sold 4002 10th Avenue and 4002 10th Avenue, Borough Park, Brooklyn for $9.3 million to Palestra Properties on October 19, 2021.
• Palestra Properties borrowed $13.5 million from KeyBank for 4002 10th Avenue and 4002 10th Avenue, Borough Park, Brooklyn on October 19, 2021.
• Palestra Properties borrowed $9.8 million from KeyBank for 206-02 Hillside Avenue, Hollis, Queens on August 06, 2021.
• Samuel Genet sold 206 -02nd Hillside Avenue, Hollis, Queens for $7 million to Palestra Properties on August 06, 2021.
Latest Stories:
• Palestra Properties pays $9.3M for office building in Borough Park (October 20, 2021)
• Palestra Properties pays $7M to Samuel Genet for retail in Hollis (August 09, 2021)
Properties: