Broadway Stages
203 Meserole Avenue, Brooklyn, NY 11222
People:
Broadway Stages portfolio
$389.8 million* – industrial 46%, specialty 29%; Brooklyn 52%, Queens 46%
168th largest portfolio by dollar value
3,253,384 sqft – industrial 54%, specialty 27%;
97th largest by SF
113 properties – Queens 53%, Brooklyn 43%
74th largest
370 residential units – Queens 55%, Brooklyn 27%
557th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $4 million
Borrower company: 5 for $70 million
Top Ten Associated Companies:
Investors Bank (3), First Republic Bank (2), TD Bank (2), BankUnited (2), Lai Cheung Yam (1), Petrakis Realty Group (1), Mark Klich (1), ExxonMobil Oil Corp. (1), ATCO Properties & Management (1), Lakeland Bank (1)
Top Ten Associated People:
Salvatore Guercio (2), Daniel R. Mills (2), Lai Cheung Yam (1), Alan J. Perlowitz (1), Panagiotis Petrakis (1), Mark Klich (1), Maria M. Quezada (1), Neil Adamson (1)
Recent activity as company:
• Broadway Stages borrowed $12 million from BankUnited for 520 Kingsland Avenue, Greenpoint, Brooklyn on July 11, 2024.
• Petrakis Realty Group sold 33-55 34th Avenue, Astoria, Queens for $4 million to Broadway Stages on February 22, 2024.
• Broadway Stages borrowed $7.5 million from BankUnited for 10-19 Irving Avenue and N/A Elderts Lane, Ridgewood, Queens on January 08, 2024.
• Broadway Stages borrowed $7 million from First Republic Bank for 1313 Grand Street, East Williamsburg, Brooklyn on April 13, 2023.
• Broadway Stages borrowed $21 million from TD Bank for 11-58 Borden Avenue, Long Island City, Queens on April 13, 2023.
• Broadway Stages borrowed $22.5 million from TD Bank for 381 Kingsland Avenue, Greenpoint, Brooklyn on April 10, 2023.
• Lai Cheung Yam sold 259 Monitor Street, Greenpoint, Brooklyn for $3.6 million to Broadway Stages on September 08, 2022.
• Broadway Stages borrowed $40 million from First Republic Bank for 570 East 108th Street, Canarsie, Brooklyn on July 13, 2022.
• Mark Klich sold 272 Meserole Avenue and 279 North Henry Street, Greenpoint, Brooklyn for $3.5 million to Broadway Stages on June 30, 2022.
• Broadway Stages borrowed $25 million from Investors Bank for 81-80 Cooper Avenue and 83-02 Doran Avenue, Middle Village, Queens on April 20, 2021.
Latest Stories:
• Gina Argento of Broadway Stages pays $4M for mixed-use in Astoria (February 27, 2024)
• Broadway Stages pays $3.6M for industrial in Greenpoint (September 09, 2022)
• Broadway Stages increases debt to $40M for industrial in Canarsie, up from $11.25M (July 14, 2022)
• Broadway Stages refis $25M with Investors Bank for warehouse space in Queens (April 21, 2021)
Properties: