Maimonides Medical Center

Maimonides Medical Center NYC portfolio

$1.8 billion* – specialty 95.0%, elevator 2.0%; Brooklyn 99.0%, Manhattan 0.0%

92th largest portfolio by dollar value

1,286,160 sqft – specialty 65%, industrial 17%;

260th largest by SF

12 properties – Brooklyn 100%, Manhattan 0%

684th largest

230 residential units – Brooklyn 100%, Manhattan 0%

791th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $14.5 million

Top Ten Associated People:

Solomon Weber (1)

Recent activity as company:

Yeshivath Toldos Yakov of Papa sold 4706 10th Avenue, Borough Park, Brooklyn for $14.5 million to Maimonides Medical Center on September 14, 2023.

Maimonides Medical Center borrowed $25.2 million from Bank of America for 950 49th Street, 964 49th Street, 974 47th Street, and 968 47th Street, Borough Park, Brooklyn on March 29, 2022.

Maimonides Medical Center borrowed $141.2 million from NYS Dormitory Authority for 4801 10th Avenue, 4723 10th Avenue, 920 48th Street, 4804 Ft Hamilton Parkway, 4820 Ft Hamilton Parkway, and others, Kensington, Brooklyn on September 15, 2020.

New York Community Hospital borrowed $20 million from Maimonides Medical Center for 2525 Kings Highway, Sheepshead Bay, Brooklyn on June 23, 2020.

Maimonides Medical Center borrowed $18 million from Bank of America for 926 49th Street, 968 47th Street, 974 47th Street, 984 49th Street, Kensington, Brooklyn on November 25, 2019.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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