Cristo Rey Brooklyn High School

Cristo Rey Brooklyn High School portfolio

$10.9 million* – specialty 100%; Brooklyn 100%, Manhattan 0%

2539th largest portfolio by dollar value

58,040 sqft – specialty 100%;

2652th largest by SF

Company Activity past 24 months:

Buyer company: 1 for $10.8 million

Seller company: 1 for $7.2 million

Borrower company: 1 for $11 million

Top Ten Associated Companies:

James Equities (1), NYC Housing Partnership (1), Sisters of Mercy (1), Roman Catholic Church (1)

Top Ten Associated People:

Douglas C. James (1), Jamie A. Smarr (1)

Recent activity as company:

• Cristo Rey Brooklyn High School, Roman Catholic Church and Diocese of Brooklyn sold 1377 Brooklyn Avenue, East Flatbush, Brooklyn for $7.2 million to James Equities and NYC Housing Partnership on June 11, 2024.

• Cristo Rey Brooklyn High School borrowed $11 million from Roman Catholic Church for 1377 Brooklyn Avenue, East Flatbush, Brooklyn on May 11, 2023.

• Sisters of Mercy sold 1377 Brooklyn Avenue, East Flatbush, Brooklyn for $10.8 million to Cristo Rey Brooklyn High School on May 11, 2023.

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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