Nassimi Realty
People:
Nassimi Realty portfolio
$203.3 million* – office 99%, mixed-use 0%; Manhattan 96%, Brooklyn 3%
296th largest portfolio by dollar value
553,952 sqft – office 98%, mixed-use 1%;
564th largest by SF
5 properties – Brooklyn 60%, Manhattan 40%
1476th largest
10 residential units – Brooklyn 100%, Manhattan 0%
4038th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $36.9 million
Seller company: 1 for $3.6 million
Borrower company: 1 for $10 million
Top Ten Associated Companies:
Caspi Development (2), Mactaggart Family & Partners (2), Flagstar Bank (1), RXR Realty (1), Blackstone Group (1), Deutsche Bank (1), Metropolitan Commercial Bank (1), Aira Jewels (1)
Top Ten Associated People:
Ivaylo Ninov (2), Stephen R. Larocca (1), David Frank (1), Varun Jain (1)
Recent activity as company:
• Nassimi Realty borrowed $10 million from Metropolitan Commercial Bank for 134 Broadway and 74 Broad Street, Williamsburg, Brooklyn on March 22, 2024.
• Caspi Development and Mactaggart Family & Partners sold 74 Broad Street, Financial District, Manhattan for $19.6 million to Nassimi Realty on January 08, 2024.
• Caspi Development and Mactaggart Family & Partners sold 134 Broadway, Williamsburg, Brooklyn for $17.3 million to Nassimi Realty on January 08, 2024.
• Nassimi Realty sold 10 West 46th Street, Midtown West, Manhattan for $3.6 million to Aira Jewels on May 15, 2023.
• Nassimi Realty borrowed $5.6 million from Flagstar Bank for 431 Knickerbocker Avenue and 427 Knickerbocker Avenue, Bushwick, Brooklyn on January 17, 2023.
• Hakimian Capital, CH Capital Group, Creed Equities, Nassimi Realty and Empire Capital Holdings borrowed $215 million from Deutsche Bank for 1330 Avenue Of The Americas, Midtown West, Manhattan on November 28, 2022.
• RXR Realty and Blackstone Group sold 1330 Avenue Of The Americas, Midtown West, Manhattan for $320 million to Hakimian Capital, CH Capital Group, Creed Equities, Nassimi Realty and Empire Capital Holdings on November 28, 2022.
Latest Stories:
• Aira Jewels pays $3.6M to Nassimi Realty for office condo in Midtown West (May 16, 2023)
• $17M pre-foreclosure filed on commercial property in FiDi (September 22, 2022)
Properties: