Aaron Jungreis
Owner
Aaron Jungreis portfolio
$86.3 million* – walkup 48%, elevator 30%; Brooklyn 50%, Manhattan 49%
635th largest portfolio by dollar value
715,040 sqft – elevator 49%, walkup 37%;
461th largest by SF
33 properties – Manhattan 57%, Brooklyn 42%
301th largest
759 residential units – Brooklyn 56%, Manhattan 43%
308th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $4.8 million
Seller signatory: 1 for $28 million
Borrower signatory: 1 for $8 million
Top Ten Associated Companies:
Emad Hamdan (1), New York Community Bank (1), Wavecrest Management (1), Jeffrey Farkas (1), Customers Bank (1)
Top Ten Associated People:
Emad Hamdan (1), Alan L. Kaufman (1), Joseph M. Camerata (1), Jeffrey Farkas (1), Elizabeth Arato (1)
Recent activity as company:
• Aaron Jungreis borrowed $8 million from Customers Bank for 75 Hawthorne Street, Prospect Lefferts Gardens, Brooklyn on December 30, 2024.
• Jeffrey Farkas sold 560 W 175th St, Washington Heights, Manhattan for $4.8 million to Seastone Capital on February 23, 2024.
• Capstone Equities borrowed $49.5 million from Argentic Investment Management for 14 53rd Street, Sunset Park, Brooklyn on September 07, 2023.
• Aaron Jungreis sold 2404-16 Crotona Avenue, 2476 Hughes Avenue, and 2423-31 Belmont Avenue, Belmont/Little Italy, Bronx for $28 million to Wavecrest Management on July 12, 2023.
• Aaron Jungreis borrowed $7.5 million from New York Community Bank for 2101 Bedford Avenue, Flatbush, Brooklyn on August 19, 2022.
• Rosewood Holdings and Aaron Jungreis sold 6914 6th Avenue, Bay Ridge, Brooklyn for $2.9 million to Emad Hamdan on May 31, 2022.
Latest Stories:
• Seastone Capital pays $4.8M for 60-unit walkup in Washington Heights (February 26, 2024)
• Capstone sues Nightingale CEO over $90M in alleged guarantys at Whale Building (July 13, 2023)
• Capstone Equities buys $88.9M note on Nightingale’s Whale in Sunset Park (May 30, 2023)
• Nightingale sues Capstone over Sunset Park note sale, seeks $20M (January 18, 2023)
• Nightingale Group borrows $88.9M from TPG to buy property in Sunset Park (October 20, 2020)
Properties: