Maspeth Federal Savings and Loan Association

Maspeth Federal Savings and Loan Association portfolio

$2.5 million – C3 67%, office 32%; Queens 100%, Manhattan 0%

5040th largest portfolio by dollar value

17,825 sqft – C3 83%, office 16%;

4328th largest by SF

5 properties – Queens 100%, Manhattan 0%

152th largest

16 residential units – Queens 100%, Manhattan 0%

782th largest by residential units

2 foreclosures, 2 bankruptcies, 0 other court cases.

Company Activity past 24 months:

Buyer company: 2 for $7.1 million

Seller company: 0 for $0

Borrower company: 0 for $0

Lender company: 5 for $31.6 million

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Edgardo Kramer (2), United Construction & Development Group (2), Steve Silverberg (2), Panagiotis Ligas (1), Mario Arcari (1), Maguire Capital Group (1), Mercedes Lima (1), Zaki Turkieh (1), Gino Fazio (1), John Fazio (1)

Top Ten Associated People:

Edgardo Kramer (2), Panagiotis Ligas (1), Mario Arcari (1), Marvin Azrak (1), Mercedes Lima (1), Zaki Turkieh (1), Gino Fazio (1), John Fazio (1), Meri Triades Pasztor (1), David W. Sinclair (1)

Latest Stories:

• Bank forecloses after 11 years on 4 Jamaica walkups through $3.6M auction (July 26, 2024)

• Ming Qiang He pays $3.1M for industrial in Ditmars Steinway (July 16, 2024)

• Maspeth Federal Savings pays $3.5M for retail in Astoria (July 03, 2024)

• Bruce Camacho signs $7M refi for 24-unit rental in West Village (April 29, 2024)

• Jiashu Xu’s United Construction files two Flushing plans with total of 95 units (February 15, 2024)

• United Construction & Development files $80.3M LIC condo plan (December 21, 2023)

• Anthony Chiodi, Richard Regan sign $5.6M refi with NewBank for two office properties in Bayside (October 30, 2023)

• United Construction & Development pays $16M for dev site in Flushing (August 22, 2023)

• $4.8M bankruptcy in 10-year-old Jamaica foreclosure case (March 17, 2023)

• Maguire Capital signs $5.7M refi for mixed-use in Tribeca, acquired building after note purchase (January 04, 2023)

Litigation:

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Properties:

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