Andrew Frohlich

Owner, Lender

Private Equity

419 Belle Air Ln, Warrenton, VA 20186

152 West 57th Street 60th Floor, New York, NY 10019-3310

$25.7 million* – elevator 60%, walkup 39%; Brooklyn 60%, Manhattan 39%

1479th largest portfolio by dollar value

97,881 sqft – elevator 77%, walkup 22%;

1964th largest by SF

2 properties – Manhattan 50%, Brooklyn 50%

3046th largest

64 residential units – Brooklyn 85%, Manhattan 14%

1871th largest by residential units

1 foreclosure, 0 bankruptcies, 1 other court case.

Seller signatory: 1 for $28.2 million

• Greystone Development sold 69 East 125th Street, East Harlem, Manhattan for $28.2 million to GO-RE Partners on October 19, 2023.

• Greystone & Co. sold 225 4th Avenue and 225 4th Avenue, Park Slope, Brooklyn for $40 million to HUBB NYC on September 23, 2022.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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