New City Realty Company

New City Realty Company portfolio

$12.3 million* – office 100%; Bronx 100%, Manhattan 0%

2365th largest portfolio by dollar value

62,790 sqft – office 100%;

2514th largest by SF

2 properties – Bronx 100%, Manhattan 0%

3168th largest

Top Ten Associated Companies:

Citibank (1), Iris Nelson-Schwartz (1)

Top Ten Associated People:

Iris Nelson-Schwartz (1)

Recent activity as company:

Iris Nelson-Schwartz sold 355 East 149th Street, Melrose, Bronx for $14 million to New City Realty Company on April 20, 2022.

New City Realty Company borrowed $27.7 million from Citibank for 354 East 149th Street, Mott Haven, Bronx on August 24, 2021.

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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