Elmo Realty
People:
Elmo Realty portfolio
$6.9 million* – development 53%, M1 29%; Manhattan 70%, Brooklyn 29%
3264th largest portfolio by dollar value
50,506 sqft – M1 82%, walkup 17%;
2846th largest by SF
4 properties – Manhattan 75%, Brooklyn 25%
2018th largest
11 residential units – Manhattan 100%, Bronx 0%
3975th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Seller company: 2 for $6.2 million
Borrower company: 2 for $53.5 million
Top Ten Associated Companies:
Metropolitan Commercial Bank (2), Webster Bank (1), Muneef M. Alsayedi (1), PIMCO (1), Ebenezer A.M.E. Church (1)
Top Ten Associated People:
Jose Arredondo (1), Muneef M. Alsayedi (1), Michelle B. Chang (1)
Recent activity as company:
• ELMO Realty sold 170 East 123rd Street, East Harlem, Manhattan for $4.2 million to Ebenezer A.M.E. Church on December 31, 2024.
• Elmo Realty borrowed $27.5 million from Metropolitan Commercial Bank for 1763 Amsterdam Avenue, Harlem, Manhattan on August 02, 2024.
• Elmo Realty sold 132 West 134th Street, Harlem, Manhattan for $2 million to Muneef M. Alsayedi on December 27, 2023.
• Elmo Realty for Saba Vahdat filed plans for new building for 38,000 sqft in Harlem, Manhattan, on April 27, 2023.
• Elmo Realty borrowed $26 million from Metropolitan Commercial Bank for 2535 Fredrick Douglass Bl, Harlem, Manhattan on April 07, 2023.
• Elmo Realty borrowed $14.4 million from Webster Bank for 1634 Dean Street, Crown Heights, Brooklyn on October 24, 2022.
• Elmo Realty borrowed $0 from PIMCO for 1793 Amsterdam Avenue, Harlem, Manhattan on November 17, 2021.
Latest Stories:
• Kelvin Phillips pays $2.7M for 13-unit walkup in Harlem (November 15, 2024)
• Muneef Alsayedi pays $2M to Elmo Realty for dev site in Harlem (December 28, 2023)
• Saba Vadhat files plans for 22-unit mixed-use building in Central Harlem (October 14, 2020)
Court Records:
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