Sutton Management
Sutton Management portfolio
$103.5 million* – office 37%, elevator 29%; Manhattan 64%, Brooklyn 28%
550th largest portfolio by dollar value
434,918 sqft – elevator 44%, office 34%;
687th largest by SF
12 properties – Brooklyn 50%, Manhattan 41%
710th largest
202 residential units – Manhattan 93%, Brooklyn 6%
880th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $2.1 million
Borrower company: 1 for $7.7 million
Top Ten Associated Companies:
Customers Bank (2), Santander Bank (2), New York Community Bank (1), TD Bank (1), Citibank (1), Mou Chor Tung (1), Signature Bank (1), Argentic Investment Management (1)
Top Ten Associated People:
Leo DiLoreto (2), Scott Detraglia (1), Margaret M. Fahy (1), Mou Chor Tung (1)
Recent activity as company:
• Sutton Management sold 30-76 Steinway Street, Astoria, Queens for $2.1 million to Mou Chor Tung on February 22, 2024.
• Sutton Management borrowed $7.7 million from Santander Bank for 550 5th Avenue and 568 5th Avenue, South Slope, Brooklyn on January 05, 2024.
• Sutton Management borrowed $16.8 million from Citibank for 526 7th Avenue, Garment District, Manhattan on June 24, 2022.
• Sutton Management borrowed $22.3 million from Customers Bank for 620 West 143rd Street, Harlem, Manhattan on January 25, 2022.
• Sutton Management borrowed $17.1 million from Customers Bank for 605 West 161st Street, Washington Heights, Manhattan on January 25, 2022.
• Sutton Management borrowed $32 million from Argentic Investment Management for 386 Fulton Street and 390 Fulton Street, Downtown Brooklyn, Brooklyn on October 01, 2021.
• Sutton Management borrowed $15 million from Santander Bank for 2272 Fredrick Douglass Bl, Central Harlem, Manhattan on June 01, 2021.
• Sutton Management borrowed $8.1 million from Signature Bank for 54 East 170th Street, Longwood Melrose, Bronx on March 26, 2020.
• Sutton Management borrowed $8.4 million from TD Bank for 402 Myrtle Avenue, 406 Myrtle Avenue, Clinton Hill, Brooklyn on February 05, 2020.
• Sutton Management borrowed $46 million from New York Community Bank for 291 Broadway, Tribeca, Manhattan on October 21, 2019.
Latest Stories:
• Sutton Management signs $16.8M refi with Citibank for office in Garment District (June 27, 2022)
• Sutton Management signs $15M refi with Santander Bank for rental in Central Harlem (June 02, 2021)
• Abraham Sutton borrows $8M from Signature Bank for retail in Longwood Melrose (March 27, 2020)
Properties: