Royal Waste Services

187-40 Hollis Avenue, Hollis, New York 11423

People:

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Royal Waste Services NYC portfolio

$31.2 million* – industrial 90%, specialty 9%; Bronx 75%, Queens 24%

2397th largest portfolio by dollar value

61,870 sqft – industrial 99%, specialty 0%;

2522th largest by SF

7 properties – Bronx 85%, Queens 14%

1227th largest

Company Activity past 24 months:

Buyer company: 4 for $26.9 million

Seller company: 2 for $39.2 million

Top Ten Associated Companies:

Waste Connections (2), Maria D. Trapani (2), Valley National Bank (1), Syh Kuern Chen (1), Ciminello Property Associates (1)

Top Ten Associated People:

Ronald J. Mittelstaedt (2), Maria D. Trapani (2), Syh Kuern Chen (1), Emanuel Ciminello III (1)

Recent activity as company:

• Ciminello Property Associates sold 945 Close Avenue, 973 Close Avenue, 960 Close Avenue, and N/A Bruckner Boulevard, Soundview, Bronx for $12.3 million to Royal Waste Services on November 15, 2024.

Syh Kuern Chen sold 187-62 Hollis Avenue, Hollis, Queens for $7.8 million to Royal Waste Services on November 08, 2024.

Maria D. Trapani sold 1454-1456 Bruckner Blvd, Soundview, Bronx for $4 million to Royal Waste Services on October 30, 2024.

Maria D. Trapani sold 1458 Bruckner Boulevard, Soundview, Bronx for $2.8 million to Royal Waste Services on October 30, 2024.

Royal Waste Services sold 172-02/06 Douglas Avenue, Jamaica, Queens for $26.5 million to Waste Connections on September 23, 2024.

Royal Waste Services sold 891/899 East 135th Street, Mott Haven, Bronx for $12.6 million to Waste Connections on September 17, 2024.

Royal Waste Services borrowed $6 million from Valley National Bank for 891 East 135th Street, Mott Haven, Bronx on December 30, 2021.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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