Oak Tree Residential
(Oak Tree Management)
Owner
Private Equity
264 Sixth Avenue Brooklyn, NY 11215
People:
Oak Tree Residential portfolio
$28.6 million* – walkup 77%, elevator 12%; Brooklyn 87%, Manhattan 12%
1361th largest portfolio by dollar value
207,953 sqft – walkup 75%, elevator 18%;
1174th largest by SF
17 properties – Brooklyn 94%, Manhattan 5%
532th largest
249 residential units – Brooklyn 78%, Manhattan 21%
757th largest by residential units
Notes
Archive of website: “Founded in 1985 by Rick Rosan, Oak Tree Residential, along with its affiliate Oak Tree Management, has acquired, renovated, leased, and managed more than 200 apartments in 12 buildings near the Grand Army Plaza in Brooklyn, New York.”
Company Activity past 24 months:
Seller company: 6 for $17.2 million
Borrower company: 4 for $39.3 million
Top Ten Associated Companies:
Metropolitan Commercial Bank (4), Arthur Gabriel (3), Mordehy Haber (1), Jesse Chan (1), Anshel Niederman (1)
Top Ten Associated People:
Ross Dahmen (4), Dennis Graham (4), Arthur Gabriel (3), David Mashaal (1), Jesse Chan (1), Anshel Niederman (1)
Recent activity as company:
• Oak Tree Residential sold 874 Bergen Street, Crown Heights, Brooklyn for $1.9 million to Arthur Gabriel on January 08, 2025.
• Oak Tree Residential sold 585 Park Place, Crown Heights, Brooklyn for $3.2 million to Arthur Gabriel on January 08, 2025.
• Oak Tree Residential sold 306 Prospect Place, Prospect Heights, Brooklyn for $3.2 million to Arthur Gabriel on January 08, 2025.
• Oak Tree Residential sold 267 Clifton Place, Bedford Stuyvesant, Brooklyn for $3.5 million to Anshel Niederman on December 09, 2024.
• Oak Tree Residential sold 262 North 6th Street, Williamsburg, Brooklyn for $2.5 million to Jesse Chan on September 24, 2024.
• Oak Tree Residential sold 147 Grand Street, Williamsburg, Brooklyn for $2.9 million to Mordehy Haber on September 18, 2024.
• Oak Tree Residential borrowed $12.5 million from Metropolitan Commercial Bank for 701 St Marks Avenue, 942 Bergen Street, 1400 Dean Street, 244 New York Avenue, and 874 Bergen Street, Crown Heights, Brooklyn on February 17, 2023.
• Oak Tree Residential borrowed $6.8 million from Metropolitan Commercial Bank for 267 Clifton Place, 95 Kingston Avenue, and 403 Macon Street, Bedford Stuyvesant, Brooklyn on February 17, 2023.
• Oak Tree Residential borrowed $11.1 million from Metropolitan Commercial Bank for 299 Putnam Avenue, 303 Putnam Avenue, 927 Putnam Avenue, 276 Throop Avenue, and 931 Putnam Avenue, Bedford Stuyvesant, Brooklyn on February 17, 2023.
• Oak Tree Residential borrowed $9 million from Metropolitan Commercial Bank for 306 Prospect Place, 147 Grand Street, 585 Park Place, and 135 Devoe Street, Prospect Heights, Brooklyn on February 17, 2023.
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