Double U Realty

(Double U Development)

816 Avenue I, Brooklyn, NY 11230

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$44.1 million* – condo 47%, mixed-use 27%; Brooklyn 100%, Manhattan 0%

1031th largest portfolio by dollar value

222,393 sqft – condo 41%, mixed-use 25%;

1098th largest by SF

9 properties – Brooklyn 100%, Manhattan 0%

918th largest

152 residential units – Brooklyn 100%, Manhattan 0%

1073th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Buyer company: 1 for $8.9 million

Seller company: 1 for $4 million

Borrower company: 5 for $78.3 million

Jason N. Espinal (1), Paul Michels (1), Mark Levin (1), Kelly von Schmid (1), Jacob Sacks (1), Jeremy Goldzal (1), Moishe Kofman (1), Joshua Crane (1), Anna Gutteridge (1), Suzanne Castagna (1)

• Double U Realty borrowed $5.4 million from Urban Standard Capital for 144 Greenpoint Avenue, Greenpoint, Brooklyn on January 31, 2025.

• MacArthur Holdings sold 144 Greenpoint Avenue, Greenpoint, Brooklyn for $8.9 million to Double U Realty on January 31, 2025.

• Double U Realty borrowed $5 million from Midtown Equities for 135 Kent Avenue, Williamsburg, Brooklyn on January 09, 2025.

• Double U Realty borrowed $28.3 million from Citibank for 723 Manhattan Avenue, Greenpoint, Brooklyn on August 30, 2024.

• Double U Development for Michael Weitman filed plans for new building for 108,560 sqft in Williamsburg, Brooklyn, on August 06, 2024.

• Double U Realty borrowed $24 million from S3 Capital for 100 South 9th Street, Williamsburg, Brooklyn on March 21, 2024.

• Double U Realty for Michael Weitzman filed plans for new building for 105,566 sqft in Williamsburg, Brooklyn, on March 07, 2024.

• Double U Realty sold 89 South 10th Street, Williamsburg, Brooklyn for $4 million to Moishe Kofman and Sucher Ashkenazi on January 11, 2024.

• Double U Realty borrowed $15.7 million from Colorado Federal Savings Bank for 723-725 Manhattan Avenue, Greenpoint, Brooklyn on May 08, 2023.

• Double U Realty borrowed $41.5 million from Gim Commercial Mortgage Loan Fund for 56 North 9th Street and 56 North 9th Street, Williamsburg, Brooklyn on January 04, 2023.