Spaxel
228 Park Avenue South, #30194 New York, New York 10003
People:
Spaxel portfolio
$14.5 million* – elevator 31%, D3 19%; Bronx 100%, Manhattan 0%
2154th largest portfolio by dollar value
78,883 sqft – elevator 63%, D1 11%;
2214th largest by SF
18 properties – Bronx 100%, Manhattan 0%
521th largest
1,139 residential units – Bronx 100%, Manhattan 0%
208th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 4 for $10.1 million
Seller company: 6 for $20.3 million
Borrower company: 8 for $125.2 million
Top Ten Associated Companies:
CBRE Investment Management (4), Spaxel (4), First-Citizens Bank & Trust Company (4), Atalaya Capital Management (3), Metropolitan Commercial Bank (3), Atalaya Capital (1), Joel Wieder (1), Emeric Weinstock (1), Amalgamated Bank (1), Unity Bank (1)
Top Ten Associated People:
Granit Gjonbalaj (4), Joel Wieder (1), Emeric Weinstock (1), Jay Shah (1), Ross Dahmen (1), Nicole Carroll (1), Karen Klotz (1), Yitzchok Weinberg (1), Robert J. Teitelbaum (1)
Recent activity as company:
• Spaxel borrowed $17.4 million from Metropolitan Commercial Bank for 1731 West Farms Road, East Morrisania, Bronx on October 07, 2024.
• Spaxel borrowed $6.2 million from Unity Bank for 915 Dawson Street, Longwood, Bronx on September 30, 2024.
• Angelo Gordon and Spaxel borrowed $8.4 million from Amalgamated Bank for 3168 Villa Avenue, Bedford Park, Bronx on March 11, 2024.
• Spaxel borrowed $28.9 million from Metropolitan Commercial Bank for 1828 Anthony Avenue, 1824 Anthony Avenue, and 1826 Anthony Avenue, Mt Hope, Bronx on October 31, 2023.
• Angelo Gordon and Spaxel sold 3165 Villa Avenue, Bedford Park, Bronx for $4.5 million to Emeric Weinstock on October 24, 2023.
• Spaxel sold 2047 Ryer Avenue, Fordham Heights, Bronx for $5.7 million to Joel Wieder on August 02, 2023.
• CBRE Investment Management, Spaxel and Atalaya Capital borrowed $13.5 million from First-Citizens Bank & Trust Company for 1697 Monroe Avenue and 1695 Monroe Avenue, Claremont Village, Bronx on May 22, 2023.
• Spaxel and Atalaya Capital Management sold 1697 Monroe Avenue and 1695 Monroe Avenue, Claremont Village, Bronx for $1.9 million to CBRE Investment Management, Spaxel and Atalaya Capital on May 22, 2023.
• CBRE Investment Management, Spaxel and Atalaya Capital Management borrowed $17.3 million from First-Citizens Bank & Trust Company for 2256 Aqueduct Avenue East, 2252 Aqueduct Avenue East, 2258 Aqueduct Avenue East, and 2250 Aqueduct Avenue East, University Heights, Bronx on May 11, 2023.
• Spaxel and Atalaya Capital Management sold 2256 Aqueduct Avenue East, 2252 Aqueduct Avenue East, 2258 Aqueduct Avenue East, and 2250 Aqueduct Avenue East, University Heights, Bronx for $2.1 million to CBRE Investment Management, Spaxel and Atalaya Capital Management on May 11, 2023.
Latest Stories:
• Spaxel signs $28.9M construction loan for 128-unit project in Mt Hope (November 01, 2023)
• Joel Wieder pays $5.7M to Spaxel for dev site in Fordham Heights (August 03, 2023)
• $5.7M dev site contract in Bronx falls through (June 29, 2023)
• CBRE, Spaxel, Atalaya sign $13.5M construction loan for 46-unit project in Bronx (May 23, 2023)
• Spaxel sells Norwood rental for $16.1M (November 24, 2021)
Court Records:
Properties: