Benedict Realty Group
711 Stewart Ave # 100 Garden City, NY 11530
People:
Benedict Realty Group portfolio
$198.4 million* – elevator 75%, walkup 24%; Queens 74%, Brooklyn 15%
307th largest portfolio by dollar value
2,236,338 sqft – elevator 79%, walkup 20%;
145th largest by SF
46 properties – Queens 69%, Brooklyn 17%
210th largest
2,560 residential units – Queens 78%, Brooklyn 13%
80th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $46.5 million
Borrower company: 4 for $40.8 million
Top Ten Associated Companies:
New York Community Bank (14), Algin Management (3), CBRE (3), JPMorgan Chase (1), Alf Naman Real Estate (1), Santander Bank (1), Mann Group (1), Signature Bank (1), Maria Baciu (1), Capital One (1)
Top Ten Associated People:
Liane Ginsberg (3), Laurence Ginsberg (3), Hilary Feshbach (3), Kindell Meyer (3), Ursula Flores (1), Alf Naman (1), William G. Krejci (1), Eric Mann (1), Maria Baciu (1), John Feijoo (1)
Recent activity as company:
• Benedict Realty Group borrowed $10.1 million from CBRE for 34-44 77th Street, Jackson Heights, Queens on November 13, 2024.
• Algin Management sold 34-44 77th Street, Jackson Heights, Queens for $13.5 million to Benedict Realty Group on November 13, 2024.
• Benedict Realty Group borrowed $5.9 million from JPMorgan Chase for 4568 Manhattan College Py, Kingsbridge, Bronx on November 08, 2024.
• Benedict Realty Group borrowed $13.5 million from CBRE for 40-40 79th Street, Elmhurst, Queens on November 01, 2024.
• Algin Management sold 40-40 79th Street, Elmhurst, Queens for $18 million to Benedict Realty Group on November 01, 2024.
• Benedict Realty Group borrowed $11.2 million from CBRE for 56-11 56th Avenue, Elmhurst, Queens on November 01, 2024.
• Algin Management sold 56-11 94th Street, Elmhurst, Queens for $15 million to Benedict Realty Group on November 01, 2024.
• Benedict Realty Group borrowed $9.5 million from Santander Bank for 74-15 35th Avenue, Jackson Heights, Queens on September 07, 2022.
• Benedict Realty Group sold 738 Greenwich Street, West Village, Manhattan for $64.2 million to Alf Naman Real Estate on May 23, 2022.
• Mann Group sold 550 Throop Avenue, Bedford-Stuyvesant, Brooklyn for $3.7 million to Benedict Realty Group on October 28, 2021.
Latest Stories:
• Alf Naman signs $24.6M refi for industrial in West Village (December 09, 2024)
• Benedict Realty Group pays $33M to Algin Management for rentals in Elmhurst (November 04, 2024)
• Alf Naman submits 8-unit condo plan at site bought for $64.2M in May (November 21, 2022)
• Alf Naman Real Estate pays $64.2M for industrial in West Village (May 24, 2022)
• Benedict Realty Group pays $3.7M to Mann Group for rental in Bed Stuy (October 29, 2021)
• Benedict Realty Group pays $9.7M to Maria Baciu for rental in Woodside (September 10, 2021)
Properties: