Mount Sinai

(Mount Sinai Health System, Mount Sinai Hospital)

Owner

Nonprofit

People:

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Mount Sinai portfolio

$1.3 billion* – specialty 98%, elevator 1%; Manhattan 100%, Bronx 0%

47th largest portfolio by dollar value

3,574,941 sqft – specialty 97%, elevator 2%;

80th largest by SF

8 properties – Manhattan 100%, Bronx 0%

1000th largest

157 residential units – Manhattan 100%, Bronx 0%

1046th largest by residential units

Company Activity past 24 months:

Seller company: 4 for $39 million

Top Ten Associated Companies:

Joyland Group (2), Utica Avenue Plumbing Supply (1), Sabet Group (1)

Top Ten Associated People:

Joel Wertzberger (2), Joshua E. Brandner (1), Alfred Sabetfard (1)

Recent activity as company:

• Mount Sinai sold 321 East 17th Street, Gramercy, Manhattan for $6 million to Joyland Group on January 06, 2025.

• Mount Sinai sold 313-319 East 17th Street, Gramercy, Manhattan for $27.6 million to Joyland Group on January 06, 2025.

• Mount Sinai sold 329 East 17th Street, Gramercy, Manhattan for $3.1 million to Sabet Group on May 30, 2024.

• Mount Sinai sold 1368 Utica Avenue, East Flatbush, Brooklyn for $2.3 million to Utica Avenue Plumbing Supply on April 22, 2024.

Court Records:

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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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