Abraham Grunhut

Owner

199 Lee Avenue suite 1000 Brooklyn NY 11211

Abraham Grunhut portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$60.8 million – walkup 61%, elevator 21%; Brooklyn 85%, Manhattan 7%

814th largest portfolio by dollar value

329,189 sqft – walkup 70%, elevator 17%;

833th largest by SF

45 properties – Brooklyn 91%, Bronx 4%

112th largest

399 residential units – Brooklyn 84%, Bronx 14%

434th largest by residential units

3 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 3 for $27.4 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Signature Bank (3), Customers Bank (2), Goldman Sachs (2), Read Property Group (1), Chetrit Group (1), KeyBank (1), Bridge Investment Group (1), Northeast Bank (1), Popular Bank (1), Carlyle Group (1)

Top Ten Associated People:

Kenneth Stagnari (1), Robert Wolf (1), Joseph Tinti (1), Jeehae Lee (1), Wendy Scarlett (1), Carter Martin (1), Greg Fantauzzi (1), Will Waters (1), Gregory Fantauzzi (1)

Recent activity as signatory:

• Abraham Grunhut borrowed $9.5 million from Customers Bank for 1587-1591 Broadway, Bushwick, Brooklyn on December 27, 2024.

• Abraham Grunhut borrowed $8.9 million from Customers Bank for 63 Downing Street, Greenwich Village, Manhattan on August 23, 2024.

• Abraham Grunhut borrowed $9 million from Popular Bank for 1587-1591 Broadway, Bushwick, Brooklyn on April 20, 2023.

• Abraham Grunhutand Abraham Lipschitz borrowed $9.1 million from Northeast Bank for 63 Downing Street, Greenwich Village, Manhattan on August 19, 2022.

• Bridge Investment Group sold 63 Downing Street, Greenwich Village, Manhattan for $13 million to Abraham Grunhutand Abraham Lipschitz on August 19, 2022.

• Abraham Grunhut borrowed $28 million from KeyBank for 487 Keap Street, Williamsburg, Brooklyn on June 16, 2022.

• Read Property Groupand Chetrit Group sold 487 Keap Street, Williamsburg, Brooklyn for $36.3 million to Abraham Grunhut on June 16, 2022.

• Abraham Grunhut for Abraham Greenhut filed plans for new building for 25,502 sqft in Bushwick, Brooklyn, on March 16, 2022.

• Abraham Grunhut borrowed $20 million from Signature Bank for 291 Metropolitan Avenue and 291 Metropolitan Avenue, Williamsburg, Brooklyn on February 07, 2022.

• Abraham Grunhut sold 1115 Jefferson Avenue, Bushwick, Brooklyn for $2.1 million to Carlyle Groupand Greenbrook Partners on December 20, 2021.