ICER Properties

ICER Properties portfolio

$36.6 million* – walkup 51%, office 22%; Manhattan 56%, Queens 22%

1171th largest portfolio by dollar value

280,237 sqft – walkup 64%, office 13%;

938th largest by SF

21 properties – Manhattan 80%, Bronx 9%

447th largest

236 residential units – Manhattan 74%, Bronx 25%

779th largest by residential units

1 foreclosure, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Seller company: 1 for $1.8 million

Top Ten Associated Companies:

CBRE Capital Markets (2), Joshua Einhorn (1), Shlomo Acoca (1), Fadel Adel Ahmed Fadel (1), TD Bank (1), Shell Lanes (1), Citibank (1), Walker & Dunlop (1)

Top Ten Associated People:

Joshua Einhorn (1), Shlomo Acoca (1), Fadel Adel Ahmed Fadel (1), Howard Adams (1)

Recent activity as company:

• Icer Properties sold 444 Ralph Avenue, Crown Heights, Brooklyn for $1.8 million to Fadel Adel Ahmed Fadel on August 14, 2023.

• ICER Properties sold 5302 Church Avenue, East Flatbush, Brooklyn for $1.4 million to Shlomo Acoca on November 09, 2022.

• ICER Properties sold 217 East 115th Street, East Harlem, Manhattan for $3 million to Joshua Einhorn on October 31, 2022.

• ICER Properties borrowed $14.2 million from Citibank for 162-24 Jamaica Avenue, Jamaica, Queens on December 13, 2021.

• ICER Properties borrowed $21 million from Walker & Dunlop for 133 Edgecombe Avenue, 135 Edgecombe Avenue, 137 Edgecombe Avenue, 139 Edgecombe Avenue, 129 Edgecombe Avenue, and others, Central Harlem, Manhattan on June 15, 2021.

• Shell Lanes sold 1 Bouck Court, Gravesend, Brooklyn for $4.7 million to ICER Properties on January 04, 2021.

• ICER Properties borrowed $8 million from TD Bank for 385 Convent Avenue, 383 Convent Avenue, 111 West 136th Street, 160 West 141st Street, Hamilton Heights, Manhattan on September 09, 2020.

• ICER Properties borrowed $8.6 million from CBRE Capital Markets for 415 West 150th Street, Hamilton Heights, Manhattan on April 20, 2020.

• ICER Properties borrowed $16.5 million from CBRE Capital Markets for 950 Woodycrest Avenue, 957 Woodycrest Avenue, Highbridge, Bronx on August 14, 2019.