Avenues Equity Partners

Owner

Private Equity

9 East 37th Street, 6th Floor New York, NY 10016

People:

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Avenues Equity Partners NYC portfolio

$20 million* – walkup 100.0%; Manhattan 100.0%, Bronx 0.0%

2989th largest portfolio by dollar value

24,809 sqft – walkup 100%;

3875th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2526th largest

24 residential units – Manhattan 100%, Bronx 0%

2960th largest by residential units

Company Activity past 24 months:

Buyer company: 2 for $9.2 million

Borrower company: 1 for $6.3 million

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 company:

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.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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