Comjem Associates

$54.4 million* – office 45%, condo 19%; Manhattan 60%, Queens 19%

901th largest portfolio by dollar value

218,991 sqft – office 42%, condo 23%;

1113th largest by SF

11 properties – Manhattan 45%, Brooklyn 36%

779th largest

38 residential units – Brooklyn 100%, Manhattan 0%

2483th largest by residential units

Seller company: 1 for $10.1 million

Borrower company: 5 for $24 million

• Comjem Associates borrowed $8.5 million from Customers Bank for 140 Delancey Street, Lower East Side, Manhattan on November 19, 2024.

• Comjem Associates borrowed $5 million from Mark Bluth for 485 Pacific Street and 259 Wyckoff Street, Boerum Hill, Brooklyn on July 17, 2024.

• Comjem Associates borrowed $10.5 million from Symetra Life Insurance Company for 37 West 14th Street, Flatiron District, Manhattan on March 21, 2024.

• Comjem Associates borrowed $0 from Maverick Real Estate Partners for 167 West 48th Street, Midtown West, Manhattan on February 23, 2024.

• Comjem Associates borrowed $0 from Maverick Real Estate Partners for 163-165 West 48th Street, Midtown West, Manhattan on February 23, 2024.

• Comjem Associates sold 101 West 24th Street, Chelsea, Manhattan for $10.1 million to CGCMT 2013-GC15 SIXTH AVENUE on June 12, 2023.

• Howard Pronsky sold 455 1st Street, Park Slope, Brooklyn for $4.8 million to Comjem Associates on August 04, 2022.

• Comjem Associates borrowed $30 million from Signature Bank for 721 7th Avenue, Times Square, Manhattan on March 10, 2021.

• Comjem Associates borrowed $7.2 million from Signature Bank for 165 West 48th Street, Times Square, Manhattan on March 04, 2021.

• Comjem Associates borrowed $5.4 million from Signature Bank for 1590 Westchester Avenue, Soundview, Bronx on May 07, 2020.

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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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