Krown Point Capital
People:
Krown Point Capital portfolio
$15.5 million* – A4 66%, mixed-use 33%; Manhattan 100%, Bronx 0%
2054th largest portfolio by dollar value
16,249 sqft – mixed-use 59%, A4 40%;
4527th largest by SF
4 properties – Manhattan 100%, Bronx 0%
1884th largest
6 residential units – Manhattan 100%, Bronx 0%
4859th largest by residential units
Top Ten Associated Companies:
Emerald Creek Capital (2), Georgetown Partners (1), Tree of Life Fellowship (1)
Top Ten Associated People:
Mark H. Lundy (1), Mark Bahiri (1), Mayer Rabinowitz (1)
Recent activity as company:
• Krown Point Capital and MAG Partners borrowed $9 million from Emerald Creek Capital for 306 East 50th Street, Turtle Bay, Manhattan on December 05, 2022.
• Tree of Life Fellowship sold 306 East 50th Street, Turtle Bay, Manhattan for $5.2 million to Krown Point Capital and MAG Partners on February 04, 2022.
• Georgetown Partners sold 300 East 50th Street, 928 2nd Avenue, 930 2nd Avenue, 932 2nd Avenue, and 308 East 50th Street, Turtle Bay, Manhattan for $4.5 million to MAG Partners and Krown Point Capital on January 31, 2022.
• MAG Partners and Krown Point Capital borrowed $33 million from Emerald Creek Capital for 300 East 50th Street, 932 2nd Avenue, and 308 East 50th Street, Turtle Bay, Manhattan on January 31, 2022.
Latest Stories:
• ABJ Properties pays $8.2M to Gould Investors for two walkups in Turtle Bay (January 28, 2025)
• Krown Point pays $9M to Greystone for mixed-use building in Midtown (November 09, 2021)
• 22-unit Midtown East rental trades for $12M (May 11, 2021)
Properties: