Acacia Network

915 Westchester Avenue, Bronx, NY 10459

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$22.9 million* – specialty 90%, hotel 5%; Queens 90%, Bronx 9%

1604th largest portfolio by dollar value

88,451 sqft – specialty 54%, hotel 39%;

2085th largest by SF

3 properties – Bronx 66%, Queens 33%

2283th largest

Seller company: 1 for $9.5 million

Borrower company: 1 for $30.1 million

Trishia P. Allen (1), Manuel Mejia (1), Barry D. Lites (1), David Levitan (1)

• Acacia Network sold 980 Prospect Avenue, Longwood, Bronx for $9.5 million to Liberty One Group on November 13, 2024.

• Acacia Network borrowed $30.1 million from NYS Dormitory Authority for 116-30 Sutphin Boulevard, South Jamaica, Queens on November 13, 2024.

• Manuel Mejia sold 300 East Tremont Avenue, Mt Hope, Bronx for $2 million to Acacia Network on December 13, 2022.

• Acacia Network for Jesus Pedrosa filed plans for new building for 23,495 sqft in St. Albans, Queens, on October 04, 2022.

• Acacia Network borrowed $18 million from NYS Dormitory Authority for 773 Prospect Avenue, Longwood, Bronx on February 25, 2022.

• Acacia Network borrowed $5.5 million from Investors Bank for 980 Prospect Avenue, Longwood, Bronx on September 22, 2021.

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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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