Foremost Real Estate

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Foremost Real Estate NYC portfolio

$38.4 million* – condo 87.0%, industrial 12.0%; Manhattan 87.0%, Bronx 12.0%

2115th largest portfolio by dollar value

79,165 sqft – condo 86%, industrial 13%;

2174th largest by SF

6 properties – Manhattan 83%, Bronx 16%

1352th largest

Company Activity past 24 months:

Buyer company: 1 for $4.8 million

Seller company: 1 for $46.4 million

Top Ten Associated Companies:

Rita Messuri (1), Gerald Messuri (1), UMB Bank (1), Bank of America (1), Care for the Homeless (1), Ronald Gilbert (1)

Top Ten Associated People:

Rita Messuri (1), Gerald Messuri (1), George Nashak (1), Ronald Gilbert (1)

Recent activity as company:

Ronald Gilbert sold 1932 Jerome Avenue, Mt Hope, Bronx for $4.8 million to Foremost Real Estate on January 09, 2025.

Foremost Real Estate sold 1364-1400 Blondell Avenue, Westchester Square, Bronx for $46.4 million to Care for the Homeless on December 09, 2024.

Foremost Real Estate borrowed $51.3 million from UMB Bank for 1364-1396 Blondell Avenue, Westchester Square, Bronx on June 01, 2022.

• Rita Messuri and Gerald Messuri sold 1364-1396 Blondell Avenue, Westchester Square, Bronx for $5.8 million to Foremost Real Estate on June 01, 2022.

Foremost Real Estate for Dan Shavolian filed plans for new building for 34,375 sqft in Westchester Square, Bronx, on August 18, 2020.

Foremost Real Estate borrowed $61 million from Bank of America for 127 West 25th Street, 127 West 25th Street, 127 West 25th Street, 127 West 25th Street, 127 West 25th Street, Chelsea, Manhattan on October 30, 2019.

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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