HK Organization

HK Organization portfolio

$44.9 million* – elevator 53%, industrial 41%; Brooklyn 95%, Bronx 4%

1020th largest portfolio by dollar value

334,202 sqft – industrial 60%, elevator 32%;

848th largest by SF

7 properties – Brooklyn 85%, Bronx 14%

1158th largest

111 residential units – Brooklyn 79%, Bronx 20%

1350th largest by residential units

Company Activity past 24 months:

Seller company: 1 for $3 million

Top Ten Associated Companies:

Athene Holding (1), Victor Sismanoglouyates (1), Signature Bank (1), Griffon Ventures (1), Meadow Partners (1), Peapack-Gladstone Bank (1)

Top Ten Associated People:

Victor Sismanoglouyates (1), Gail Naviasky (1), Yitzchok Weinberg (1)

Recent activity as company:

• HK Organization sold 992 Boston Road, 988 Boston Road, and 585 East 164th Street, Morrisania, Bronx for $3 million to Griffon Ventures on September 22, 2023.

• HK Organization borrowed $21.4 million from Signature Bank for 55 Washington Avenue, 30 Hall Street, 40 Hall Street, 220 Flushing Avenue, and 51 Washington Avenue, Clinton Hill, Brooklyn on December 08, 2022.

• HK Organization sold 737 Fox Street and 725 Fox Street, Longwood, Bronx for $12.2 million to Victor Sismanoglouyates on October 26, 2022.

• HK Organization borrowed $26.8 million from Athene Holding for 99 Gold Street, Vinegar Hill, Brooklyn on January 26, 2022.

• HK Organization borrowed $5.6 million from Peapack-Gladstone Bank for 889 Hunts Point Avenue and 887 Hunts Point Avenue, Hunts Point, Bronx on May 26, 2021.

• HK Organization sold 275 Park Avenue, Fort Greene, Brooklyn for $67.2 million to Meadow Partners on November 13, 2019.