Second Lots Development

Second Lots Development portfolio

$2.6 million* – elevator 100%; Manhattan 100%, Bronx 0%

4961th largest portfolio by dollar value

24,014 sqft – elevator 100%;

3929th largest by SF

2 properties – Manhattan 100%, Bronx 0%

3826th largest

27 residential units – Manhattan 100%, Bronx 0%

2880th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $13.2 million

Top Ten Associated Companies:

Urban Standard Capital (1), Walker & Dunlop (1)

Top Ten Associated People:

Seth Weissman (1), John Garth (1)

Recent activity as company:

Second Lots Development borrowed $13.2 million from Walker & Dunlop for 2750 Fredrick Douglass Bl and N/A 8th Avenue, Harlem, Manhattan on March 13, 2023.

Second Lots Development borrowed $11.8 million from Urban Standard Capital for 2750 Fredrick Douglass Blvd and 2754 8th Avenue, Harlem, Manhattan on January 12, 2022.

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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