Clipper Realty
Clipper Realty portfolio
$2.1 million* – industrial 73%, retail 13%; Brooklyn 100%, Manhattan 0%
5376th largest portfolio by dollar value
6,285 sqft – industrial 65%, retail 34%;
5977th largest by SF
4 properties – Brooklyn 100%, Manhattan 0%
2145th largest
Top Ten Associated Companies:
Bank Leumi (2), David Chin (1), Valley National Bank (1), AIG (1)
Top Ten Associated People:
David Chin (1)
Recent activity as company:
• Clipper Realty borrowed $7 million from Valley National Bank for N/A Pacific Street, 643 Classon Avenue, 951 Dean Street, 953 Dean Street, and 1048 Pacific Street, Crown Heights, Brooklyn on May 05, 2022.
• David Chin sold 951 Dean Street, Crown Heights, Brooklyn for $2.8 million to Clipper Realty on May 05, 2022.
• Clipper Realty borrowed $30 million from Bank Leumi for 643 Classon Avenue, 953 Dean Street, and 1050 Pacific Street, Crown Heights, Brooklyn on January 12, 2022.
• Clipper Realty borrowed $18 million from Bank Leumi for 101 Bruckner Boulevard, Mott Haven, Bronx on October 21, 2021.
• Clipper Realty borrowed $52.5 million from AIG for 1010 Pacific Street, Crown Heights, Brooklyn on August 16, 2021.
Latest Stories:
• Clipper Equity signs $20M loan for newly completed rental in Crown Heights (September 25, 2023)
• Clipper Equity adds to Crown Heights assemblage, obtains $30M loan (January 13, 2022)
• Clipper Equity pays $26M for industrial in Crown Heights (January 05, 2022)
• Empire State Realty buys two rentals with 625 units from Fetner for $307M (January 05, 2022)
• Harry Einhorn files plans for 42-unit mixed-use building in Crown Heights (August 31, 2020)
• Jacob Schwimmer files plans for a 55-unit residential building in Mott Haven (June 19, 2020)
• Jacob Schwimmer acquired a leasehold valued at $2.65M from Jonathan Yunatanov (April 02, 2020)
Properties: