AD Real Estate Investors

AD Real Estate Investors portfolio

$15.5 million* – elevator 70%, walkup 29%; Manhattan 100%, Bronx 0%

2044th largest portfolio by dollar value

38,540 sqft – elevator 79%, walkup 20%;

3261th largest by SF

2 properties – Manhattan 100%, Bronx 0%

3118th largest

25 residential units – Manhattan 100%, Bronx 0%

2933th largest by residential units

Top Ten Associated Companies:

Valley National Bank (3), BEB Capital (1), James Daniels (1)

Top Ten Associated People:

Leo Kuba (3), Lee J. Brodsky (1), James Daniels (1)

Recent activity as company:

James Daniels sold 9 East 16th Street, Flatiron District, Manhattan for $2 million to AD Real Estate Investors on May 02, 2022.

AD Real Estate Investors sold 312-316 East 30th Street, N/A East 30th Street, and N/A East 30th Street, Kips Bay, Manhattan for $55.2 million to BEB Capital on March 04, 2022.

AD Real Estate Investors borrowed $20.3 million from Valley National Bank for 114 East 40th Street, Grand Central, Manhattan on February 25, 2022.

AD Real Estate Investors borrowed $6.2 million from Valley National Bank for 410-412 West 22nd Street, Chelsea, Manhattan on February 01, 2022.

AD Real Estate Investors borrowed $5.2 million from Valley National Bank for 615 East 6th Street, East Village, Manhattan on September 09, 2021.

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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