Lordae Properties

People:

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Lordae Properties NYC portfolio

$89.5 million* – retail 60.0%, mixed-use 33.0%; Bronx 100.0%, Manhattan 0.0%

1258th largest portfolio by dollar value

187,997 sqft – retail 50%, mixed-use 34%;

1262th largest by SF

27 properties – Bronx 100%, Manhattan 0%

357th largest

2 residential units – Bronx 100%, Manhattan 0%

6113th largest by residential units

Company Activity past 24 months:

Seller company: 2 for $3.1 million

Top Ten Associated Companies:

Orange Bank & Trust Company (2), Hassan Kassim (1)

Top Ten Associated People:

Hassan Kassim (1)

Recent activity as company:

Lordae Properties sold 3824-3826 White Plains Road, Williamsbridge, Bronx for $1.9 million to Hassan Kassim on March 18, 2024.

Lordae Properties sold 3815-3817 White Plains Road, Olinville, Bronx for $1.2 million to company on October 06, 2023.

Lordae Properties borrowed $5.8 million from Orange Bank & Trust Company for 1 Bedford Park Blvd, 1760 Westchester Avenue, 1764 Westchester Avenue, 1770 Westchester Avenue, and 370 East Gun Hill Road, Riverdale, Bronx on June 07, 2021.

Lordae Properties borrowed $5.9 million from Orange Bank & Trust Company for 3826 White Plains Road, 2865 White Plains Road, 2815 White Plains Road, and 2801 White Plains Road, Williamsbridge, Bronx on June 07, 2021.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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