Kinsmen Property Group

Kinsmen Property Group portfolio

$61.3 million* – condo 63%, mixed-use 20%; Manhattan 100%, Bronx 0%

830th largest portfolio by dollar value

139,938 sqft – condo 69%, mixed-use 16%;

1549th largest by SF

8 properties – Manhattan 100%, Bronx 0%

1020th largest

152 residential units – Manhattan 100%, Bronx 0%

1071th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $10 million

Top Ten Associated Companies:

TD Bank (2), Sungsook Hyun (1), Yi Ge (1), Jonis Realty (1), George Nanas (1), Real Estate Equities Corporation (1)

Top Ten Associated People:

Brian J. Terry (1), Chulwon Hyun (1), Sungsook Hyun (1), Yi Ge (1), Nathan Halegua (1), Brian Terry (1), George Nanas (1), Mark A Seigel (1)

Recent activity as company:

• Jonis Realty sold 50-52 3rd Avenue, East Village, Manhattan for $10 million to Kinsmen Property Group on May 22, 2023.

• Kinsmen Property Group borrowed $42.2 million from TD Bank for 306 West 48th Street and 306 West 48th Street, Hell’s Kitchen, Manhattan on October 17, 2022.

• Kinsmen Property Group borrowed $25.4 million from TD Bank for 64 3rd Avenue, 58 3rd Avenue, 60 3rd Avenue, 62 3rd Avenue, and 54 3rd Avenue, East Village, Manhattan on March 07, 2022.

• George Nanas sold 58 3rd Avenue, East Village, Manhattan for $10 million to Kinsmen Property Group on February 09, 2022.

• Yi Ge sold 60 3rd Avenue, East Village, Manhattan for $11.7 million to Kinsmen Property Group on January 07, 2022.

• Sungsook Hyun sold 54-56 Third Avenue, East Village, Manhattan for $12 million to Kinsmen Property Group on January 06, 2022.

• Kinsmen Property Group sold 166 Bowery, 164 Bowery, 162 Bowery, 160 Bowery, 158H Bowery, and others, Nolita, Manhattan for $50 million to Real Estate Equities Corporation on September 01, 2020.