Spencer An
People:
Spencer An portfolio
$63 million* – retail 71.0%, industrial 14.0%; Queens 63.0%, Brooklyn 20.0%
813th largest portfolio by dollar value
372,367 sqft – retail 55.0%, industrial 25.0%;
770th largest by SF
23 properties – Brooklyn 60%, Queens 30%
412th largest
Company Activity past 24 months:
Buyer company: 1 for $28.5 million
Borrower company: 2 for $100 million
Lender company: 1 for $80 million
Top Ten Associated Companies:
Procida Companies (1), JPMorgan Chase (1), Deborah An (1), Centennial Bank (1), Spencer An (1), LeFrak (1), Cerco Funding (1), Bolivar Development (1)
Top Ten Associated People:
Mario Procida (1), Deborah An (1), Specer An (1), Michael Bodnev (1), Peter Fine (1)
Recent activity as company:
• Shorewood Real Estate Group and Spencer An borrowed $20 million from Cerco Funding for 350 Grand Concourse, Mott Haven, Bronx on December 26, 2024.
• Bolivar Development sold 350 Grand Concourse, Mott Haven, Bronx for $28.5 million to Shorewood Real Estate Group and Spencer An on December 26, 2024.
• Spencer An borrowed $80 million from Spencer An for 1100 Myrtle Avenue, 1100 Myrtle Avenue, and 1100 Myrtle Avenue, Bedford Stuyvesant, Brooklyn on July 24, 2024.
• Deborah An sold 217-20 Linden Boulevard, Cambria Heights, Queens for $15 million to Spencer An on October 12, 2022.
• Procida Companies sold 445 East 163rd Street, Morrisania, Bronx for $8.7 million to Spencer An on January 31, 2022.
• Spencer An borrowed $80 million from Centennial Bank for 1100 Myrtle Avenue, Bedford-Stuyvesant, Brooklyn on June 02, 2021.
• Spencer An borrowed $85.7 million from JPMorgan Chase for 1038 Stanley Avenue, 97-27 57th Avenue, 34-20 Junction Boulevard, 1100 Myrtle Avenue, 1102 Myrtle Avenue, and others, Brooklyn, Brooklyn on February 11, 2020.
• LeFrak sold 34-20 Junction Boulevard, Jackson Heights, Queens for $21 million to Spencer An on February 10, 2020.
Latest Stories:
• Shorewood, Spencer An pay $28.5M for dev site in Mott Haven (December 31, 2024)
• Spencer An refinances $80M loan for new 233-unit rental in Bedford Stuyvesant (July 25, 2024)
• Shorewood ups Jackson Heights resi with grocery project to 164 units (November 28, 2022)
• Spencer An pays $15M to Deborah An for mixed-use in Cambria Heights (October 13, 2022)
• Peter Fine pays $21.2M for dev site in Mott Haven (December 10, 2021)
• LeFrak Organization sells Jackson Heights parcel for $21M, held for 60 years (February 11, 2020)
Properties: