Meral Property Group

$2.1 million* – development 72%, retail 27%; Queens 72%, Brooklyn 27%

5322th largest portfolio by dollar value

3,245 sqft – retail 100%, development 0%;

6843th largest by SF

4 properties – Queens 75%, Brooklyn 25%

2142th largest

Buyer company: 2 for $13 million

Seller company: 1 for $3 million

Borrower company: 1 for $6.8 million

• Meral Property Group sold 395 Clermont Avenue, Fort Greene, Brooklyn for $3 million to Yehuda Gabai on August 13, 2024.

• Meral Property Group borrowed $6.8 million from Derby Copeland Capital for 753 Washington Avenue, Crown Heights, Brooklyn on July 15, 2024.

• Jerome Walsh sold 753 Washington Avenue, Crown Heights, Brooklyn for $3 million to Meral Property Group on July 15, 2024.

• Thomas Anagnostopoulos and Antonios Dagounakis sold 21-03 Astoria Boulevard, 21-07 Astoria Boulevard, and 21-09 Astoria Boulevard, Astoria, Queens for $10 million to Meral Property Group on June 18, 2024.

• Meral Property Group for Louis Lebovits filed plans for new building for 14,903 sqft in Crown Heights, Brooklyn, on February 21, 2024.

• Loketch Group, Joyland Group and Meral Property Group borrowed $90 million from Scale Lending and Slate Property Group for 275 Lorimer Street, Williamsburg, Brooklyn on December 06, 2022.

• The Collective sold 268 Lorimer Street, Williamsburg, Brooklyn for $53.9 million to Loketch Group, Joyland Group and Meral Property Group on February 01, 2022.

• Loketch Group, Joyland Group and Meral Property Group borrowed $47 million from Slate Property Group for 555 Broadway, Williamsburg, Brooklyn on February 01, 2022.

• Meral Property Group borrowed $50 million from Spruce Capital for 22 Quincy Street, Clinton Hill, Brooklyn on January 14, 2020.

• Salvation Army sold 22 Quincy Street, Clinton Hill, Brooklyn for $28.5 million to Meral Property Group on January 14, 2020.