Bg Real Estate

Bg Real Estate portfolio

$6 million* – elevator 50%, walkup 49%; Brooklyn 100%, Manhattan 0%

3475th largest portfolio by dollar value

130,617 sqft – elevator 51%, walkup 48%;

1612th largest by SF

5 properties – Brooklyn 100%, Manhattan 0%

1681th largest

135 residential units – Brooklyn 100%, Manhattan 0%

1163th largest by residential units

Top Ten Associated Companies:

Northfield Bank (1), Berkadia Commercial Mortgage (1)

Top Ten Associated People:

Peter M. McCarthy (1)

Recent activity as company:

BG Real Estate borrowed $6.1 million from Northfield Bank for 1666 Union Street, 1681 President Street, 1726 Union Street, and 1574 Union Street, Crown Heights, Brooklyn on June 02, 2022.

BG Real Estate borrowed $7 million from Berkadia Commercial Mortgage for 223 Lenox Road, East Flatbush, Brooklyn on September 23, 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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