AB Capstone
AB Capstone portfolio
$43.7 million – specialty 32%, retail 31%; Queens 67%, Bronx 32%
1020th largest portfolio by dollar value
299,923 sqft – specialty 49%, retail 23%;
883th largest by SF
6 properties – Queens 83%, Bronx 16%
151th largest
10 residential units – Queens 100%, Manhattan 0%
788th largest by residential units
9 foreclosures, 0 bankruptcies, 6 other court cases.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 0 for $0
Borrower company: 1 for $5.3 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Lightstone Group (2), Arch Companies (1), AB & Sons Group (1), Ganggang Zhao (1), Nassau Educators Federal Credit Union (1), Argentic Investment Management (1), Turret Equities (1), Fairbridge Asset Management (1), Spiel Associates affilate (1), AB Capstone (1)
Top Ten Associated People:
Jeffrey Simpson (1), Ganggang Zhao (1), Anthony C. Balbo (1), Meir Babaev (1), Yeheskel Elias (1)
Latest Stories:
• $10.8M pre-foreclosure filed at Sheepshead Bay dev site (October 25, 2023)
• Arch Companies pays $22.3M to AB Capstone for dev site in Sheepshead Bay (September 13, 2022)
• AB Capstone sells new construction Sunnyside mixed-use building for $23.5M (July 18, 2022)
• Isaac Chetrit buys $21.5M note secured by AB Capstone retail (March 16, 2021)
• AB Capstone receives TCO for 20K sf mixed-use building in Sunnyside (September 14, 2020)
Litigation: