LAL Property Management

Owner

People:

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LAL Property Management portfolio

$24.1 million* – walkup 64%, elevator 34%; Bronx 87%, Manhattan 12%

1547th largest portfolio by dollar value

294,981 sqft – walkup 70%, elevator 28%;

910th largest by SF

9 properties – Bronx 88%, Manhattan 11%

947th largest

303 residential units – Bronx 93%, Manhattan 6%

643th largest by residential units

Company Activity past 24 months:

Seller company: 2 for $9.9 million

Top Ten Associated People:

Don Bichoupan (1), John A. Verni (1), Todd B. Kristol (1), Patrick Mitchell (1)

Recent activity as company:

LAL Property Management sold 531 West 235th Street, Riverdale, Bronx for $4.8 million to Connor Rose Realty on December 19, 2024.

LAL Property Management sold 3333 Bruner Avenue, Baychester, Bronx for $5.2 million to Baker Capital Group on November 19, 2024.

Cohen Private Ventures sold 532 West 152nd Street, Harlem, Manhattan for $5 million to LAL Property Management on April 25, 2022.

LAL Property Management borrowed $10 million from Sterling National Bank for 3804 Bailey Avenue, Kingsbridge, Bronx on January 19, 2021.

LAL Property Management borrowed $8.6 million from Sterling National Bank for 213 West 238th Street, Kingsbridge, Bronx on January 19, 2021.

LAL Property Management borrowed $9.8 million from Sterling National Bank for 1632 Hutchinson Rvr Py E, Bronx, Bronx on December 03, 2020.

Verco Properties sold 4206 Carpenter Avenue, Mott Haven, Bronx for $5 million to LAL Property Management on December 02, 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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