Rosenthal & Rosenthal

1370 Broadway New York, NY 10018

People:

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Rosenthal & Rosenthal portfolio

$442,000* – retail 100%; Queens 100%, Manhattan 0%

6887th largest portfolio by dollar value

2,500 sqft – retail 100%;

7044th largest by SF

Notes

It is a finance and factoring company that also owns real estate.

Company Activity past 24 months:

Buyer company: 1 for $4.7 million

Seller company: 1 for $15.5 million

Lender company: 5 for $33.2 million

Top Ten Associated People:

Ira Lifshutz (2), Alex Kim (1), Zehra Sheriff (1), Nelson Leong Jr. (1), Shafquat Chaudhary (1), Chung Wah Ng (1), Gabriela Korn and Zamir Korn (1), Nelson Braff (1), Keith Kantrowitz (1)

Recent activity as company:

IHL Equities borrowed $7 million from Rosenthal & Rosenthal for 144 Waverly Place, Greenwich Village, Manhattan on February 03, 2025.

Rosenthal & Rosenthal sold 61-13 Metropolitan Avenue and N/A Fresh Pond Road, Maspeth, Queens for $15.5 million to Ryan Tedder and Keith Kantrowitz on November 27, 2024.

Chung Wah Ng borrowed $9.5 million from Rosenthal & Rosenthal for 229 Withers Street, Williamsburg, Brooklyn on May 21, 2024.

Shafquat Chaudhary sold 23-10 44th Drive, Long Island City, Queens for $4.7 million to Rosenthal & Rosenthal on March 29, 2024.

Nelson Leong borrowed $5.2 million from Rosenthal & Rosenthal for 34-29 37th Street, Astoria, Queens on November 01, 2023.

Golden Krust Caribbean Bakery borrowed $6 million from Rosenthal & Rosenthal for 3950 Park Avenue, 3952 Park Avenue, 1631 Washington Avenue, 3940 Park Avenue, 3928 Park Avenue, and others, Morrisania, Bronx on August 23, 2023.

Alex Kim borrowed $5.4 million from Rosenthal & Rosenthal for 307 West 71st Street, Lincoln Square, Manhattan on August 04, 2023.

Ira Lifshutz borrowed $15.5 million from Rosenthal & Rosenthal for 9 East 82nd Street, Carnegie Hill, Manhattan on February 11, 2022.

Zamir Korn sold Fresh Pond Road, 61-13 Metropolitan Avenue, Maspeth, Queens for $17 million to Rosenthal & Rosenthal on July 22, 2020.

Rosenthal & Rosenthal borrowed $8 million from Lincoln Life & Annuity Company of New York for Fresh Pond Road, 61-13 Metropolitan Avenue, Maspeth, Queens on July 22, 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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