Abraham Kassin

(Abraham J. Kassin)

Ceo

Kassin Sabbagh Realty

Owner

1385 Broadway Floor 22 New York, NY 10018

LinkedIn

Kassin Sabbagh Realty portfolio

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

$22.8 million – condo 66%, retail 15%; Queens 56%, Manhattan 19%

1584th largest portfolio by dollar value

96,427 sqft – condo 62%, retail 16%;

1953th largest by SF

80 properties – Queens 92%, Brooklyn 3%

81th largest

51 residential units – Queens 45%, Manhattan 39%

747th largest by residential units

2 foreclosures, 0 bankruptcies, 3 other court cases.

Person Activity past 24 months:

Buyer signatory: 5 for $33.6 million

Seller signatory: 1 for $8 million

Borrower signatory: 1 for $5.3 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Bluestone Group (3), Signature Bank (2), Howard Hua (1), East West Bank (1), Faraidoon Golyan (1), Edward Shllaku (1)

Top Ten Associated People:

Marc Mendelsohn (3), Kenneth A. Stagnari (2), Howard Hua (1), Janny Cheung (1), Faraidoon Golyan (1), Edward Shllaku (1)

Recent activity as signatory:

• Kassin Sabbagh Realty sold 99-44 62nd Avenue, Rego Park, Queens for $8 million to Edward Shllaku on November 08, 2024.

• Faraidoon Golyan sold 99-44 62nd Avenue, Rego Park, Queens for $5.8 million to Kassin Sabbagh Realty on April 22, 2024.

• Kassin Sabbagh Realty borrowed $5.3 million from East West Bank for 4225 White Plains Road, Wakefield, Bronx on April 25, 2023.

• Howard Hua sold 4225 White Plains Road, Wakefield, Bronx for $4.3 million to Kassin Sabbagh Realty on April 25, 2023.

• Bluestone Group sold 90-02 Queens Boulevard, Elmhurst, Queens for $10.4 million to Kassin Sabbagh Realty on April 21, 2023.

• Bluestone Group sold 87-28 58th Avenue, Elmhurst, Queens for $5 million to Kassin Sabbagh Realty on April 21, 2023.

• Bluestone Group sold 90-02 Queens Boulevard, Elmhurst, Queens for $8 million to Kassin Sabbagh Realty on April 21, 2023.

• Kassin Sabbagh Realty borrowed $5.2 million from Signature Bank for 65 Graham Avenue, Williamsburg, Brooklyn on July 01, 2022.

• Vanbarton Group borrowed $6.9 million from Signature Bank for 103-109 East Burnside Avenue, 2056 Morris Avenue, and 2062 Morris Avenue, Fordham Heights, Bronx on June 01, 2022.