Avenues Equity Partners
Owner
Private Equity
9 East 37th Street, 6th Floor New York, NY 10016
People:
Avenues Equity Partners portfolio
$10.6 million – walkup 100%; Manhattan 100%, Bronx 0%
2555th largest portfolio by dollar value
24,809 sqft – walkup 100%;
3856th largest by SF
3 properties – Manhattan 100%, Bronx 0%
155th largest
24 residential units – Manhattan 100%, Bronx 0%
774th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $9.2 million
Seller company: 0 for $0
Borrower company: 1 for $6.3 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
George Prepis (2), A&E Real Estate Holdings (1)
Top Ten Associated People:
Vincent A. Balardi (2), Anthony Cacioppo (1)
Recent activity as signatory:
• Avenues Equity Partners borrowed $6.3 million from A&E Real Estate Holdings for 122 East 91st Street, 1410 Madison Avenue, and 1412 Madison Avenue, Carnegie Hill, Manhattan on January 24, 2025.
• George Prepis sold 1410 Madison Avenue and 1412 Madison Avenue, Carnegie Hill, Manhattan for $7.2 million to Avenues Equity Partners on January 24, 2025.
• George Prepis sold 122 East 91st Street, Carnegie Hill, Manhattan for $2 million to Avenues Equity Partners on January 24, 2025.
Latest Stories:
• Avenues Equity pays $9.2M for Carnegie Hill walkups, borrows $6.3M from A&E (January 27, 2025)