Balanced Living Development
164 20th Street Suite 2B Brooklyn, NY 11232
Balanced Living Development portfolio
$3.7 million* – elevator 100%; Brooklyn 100%, Manhattan 0%
4334th largest portfolio by dollar value
41,474 sqft – elevator 100%;
3156th largest by SF
3 properties – Brooklyn 100%, Manhattan 0%
2701th largest
44 residential units – Brooklyn 100%, Manhattan 0%
2314th largest by residential units
Company Activity past 24 months:
Borrower company: 2 for $10.3 million
Top Ten Associated Companies:
Arbor Realty Trust (2), Customers Bank (1), Michael Tsoumpas (1)
Top Ten Associated People:
Tim T. Zhakselekov (1), Rachel Tzapp (1), Michael Tsoumpas (1)
Recent activity as company:
• Balanced Living Development for Eugene Khody filed plans for new building for 27,490 sqft in Crown Heights, Brooklyn, on December 16, 2024.
• Balanced Living Development borrowed $5 million from Arbor Realty Trust for 485 East 28th Street, East Flatbush, Brooklyn on November 06, 2023.
• Balanced Living Development borrowed $5.3 million from Arbor Realty Trust for 1463 New York Avenue, East Flatbush, Brooklyn on November 03, 2023.
• Balanced Living Development borrowed $5.2 million from Customers Bank for 319 Broadway, Williamsburg, Brooklyn on March 17, 2022.
• Michael Tsoumpas sold 12-16 30th Avenue, Astoria, Queens for $3.2 million to Balanced Living Development on October 12, 2021.
Properties: