Langsam Property Services

1601 Bronxdale Ave Ste 201. Bronx, NY 10462

People:

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Langsam Property Services portfolio

$150.1 million* – walkup 68%, elevator 31%; Bronx 90%, Manhattan 7%

396th largest portfolio by dollar value

3,226,584 sqft – walkup 64%, elevator 35%;

100th largest by SF

88 properties – Bronx 94%, Manhattan 4%

102th largest

3,519 residential units – Bronx 91%, Manhattan 6%

49th largest by residential units

Top Ten Associated Companies:

JPMorgan Chase (2), Santander Bank (2), Signature Bank (1), Northfield Bank (1), New York Community Bank (1), Amalgamated Bank (1), Newport Partners (1)

Top Ten Associated People:

Ursula Flores (2), Elizabeth Arato (1), Serena M. Stonick (1), John Saltos (1)

Recent activity as company:

Langsam Property Services borrowed $7.2 million from Amalgamated Bank for 229 Parkville Avenue, Kensington, Brooklyn on October 05, 2022.

Langsam Property Services borrowed $9.4 million from Signature Bank for 1240 Walton Avenue, Concourse, Bronx on June 13, 2022.

Langsam Property Services borrowed $5.2 million from New York Community Bank for 1730 Harrison Avenue, Morris Heights, Bronx on June 07, 2022.

Langsam Property Services borrowed $11.2 million from Northfield Bank for 1181 Tinton Avenue, 1227 Boston Road, 750 East 169th Street, 1222 Boston Road, 1234 Boston Road, and others, Morrisania, Bronx on May 20, 2022.

Langsam Property Services borrowed $5.9 million from JPMorgan Chase for 19-25 East 213thstreet, Norwood, Bronx on May 09, 2022.

Langsam Property Services borrowed $5.8 million from JPMorgan Chase for 2847-2859 Webster Avenue and 396-400 East 199, Bedford Park, Bronx on May 09, 2022.

Langsam Property Services borrowed $6.4 million from Santander Bank for 140 Bradhurst Avenue and 148 Bradhurst Avenue, Central Harlem, Manhattan on April 15, 2021.

• Newport Partners sold 1382 Crotona Avenue, 1394 Crotona Avenue, 670 East 170th Street, 675 East 170th Street, Tremont, Bronx for $3.3 million to Langsam Property Services on May 19, 2020.

Langsam Property Services borrowed $5.2 million from Santander Bank for 2015 University Avenue, Bronx, Bronx on April 24, 2020.

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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