E&M Associates

People:

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E&M Associates portfolio

$38.4 million* – walkup 61%, elevator 36%; Manhattan 66%, Brooklyn 30%

1126th largest portfolio by dollar value

399,431 sqft – walkup 52%, elevator 45%;

738th largest by SF

34 properties – Brooklyn 50%, Manhattan 44%

296th largest

475 residential units – Manhattan 76%, Brooklyn 21%

444th largest by residential units

0 foreclosures, 0 bankruptcies, 13 other court cases.

Top Ten Associated Companies:

FBE Limited (3), 615 East 104 Holdings LLC (1), Beltway Capital Management (1), 64 Kinston Holdings LLC (1), 2514 Albermarle Holdings LLC (1)

Top Ten Associated People:

Jeffrey Zwick (4)

Recent activity as company:

E&M Associates borrowed $0 from Beltway Capital Management for 90 Sullivan Place, Crown Heights, Brooklyn on December 13, 2022.

E&M Associates sold 633 East 104th Street, Canarsie, Brooklyn for $51.3 million to FBE Limited on December 11, 2020.

E&M Associates sold 2514 Albemarle Road, Flatbush, Brooklyn for $12.7 million to FBE Limited on December 11, 2020.

E&M Associates sold 56 Kingston Avenue, Crown Heights, Brooklyn for $12 million to FBE Limited on December 11, 2020.

E&M Associates sold 615 East 104th Street, Canarsie, Brooklyn for $0 to 615 East 104 Holdings LLC on October 20, 2020.

E&M Associates sold 56 Kingston Avenue, Crown Heights, Brooklyn for $0 to 64 Kinston Holdings LLC on October 20, 2020.

E&M Associates sold 2514 Albemarle Road, Flatbush, Brooklyn for $0 to 2514 Albermarle Holdings LLC on October 20, 2020.

Court Records:

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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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