East Group Capital

East Group Capital portfolio

$17.2 million* – walkup 94.0%, mixed-use 5.0%; Manhattan 86.0%, Brooklyn 13.0%

1925th largest portfolio by dollar value

59,513 sqft – walkup 86.0%, mixed-use 13.0%;

2606th largest by SF

8 properties – Manhattan 62%, Brooklyn 37%

1069th largest

82 residential units – Manhattan 85.0%, Brooklyn 14.0%

1617th largest by residential units

Company Activity past 24 months:

Buyer company: 3 for $14.2 million

Seller company: 2 for $4.9 million

Borrower company: 1 for $7 million

Top Ten Associated Companies:

Bayport Funding (2), Francesco Brusco (2), Bayport (1), Michael Daniel (1), Axos Bank (1), Edward J. Ballard Jr. (1), Ranjit Kumble (1), East Group Capital (1), Eden Miller (1), RWC Lending (1)

Top Ten Associated People:

Francesco Brusco (2), Nina Smalls-Toogood (1), Michael Daniel (1), Amanda Baez (1), Edward J. Ballard Jr. (1), Michael Levi (1), Eden Miller (1), Ian Katz (1), Francesco Bruno (1)

Recent activity as company:

East Group Capital borrowed $7 million from RWC Lending for 2 West 16th Street, Flatiron District, Manhattan on August 21, 2024.

Eden Miller sold 2 West 16th Street, Flatiron District, Manhattan for $9.1 million to East Group Capital on August 21, 2024.

East Group Capital sold 328 Atlantic Avenue, Boerum Hill, Brooklyn for $2.5 million to East Group Capital on April 17, 2024.

East Group Capital sold 341 Tompkins Avenue, Bedford Stuyvesant, Brooklyn for $2.4 million to Ranjit Kumble on September 26, 2023.

Edward J. Ballard Jr. sold 23 Adelphi Street, Fort Greene, Brooklyn for $2.5 million to East Group Capital on March 22, 2023.

East Group Capital borrowed $5.6 million from Axos Bank for 215 W 109th St, Upper West Side, Manhattan on October 07, 2022.

Michael Daniel sold 215 W 109th St, Upper West Side, Manhattan for $7 million to East Group Capital on October 07, 2022.

East Group Capital borrowed $7.8 million from Bayport Funding for 328 Atlantic Avenue, Boerum Hill, Brooklyn on September 01, 2022.

Francesco Brusco sold 268 West 91st Street, Upper West Side, Manhattan for $2.8 million to East Group Capital on December 15, 2021.

Francesco Brusco sold 638 West End Avenue, Upper West Side, Manhattan for $3 million to East Group Capital on December 15, 2021.

Properties:

To see the 8 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply