Angelo Rigas

Owner

Angelo Rigas portfolio

$20.9 million* – D1 37%, industrial 21%; Brooklyn 93%, Queens 6%

1691th largest portfolio by dollar value

139,309 sqft – D1 43%, industrial 40%;

1553th largest by SF

22 properties – Brooklyn 95%, Queens 4%

433th largest

303 residential units – Brooklyn 97%, Queens 2%

644th largest by residential units

Person Activity past 24 months:

Borrower signatory: 1 for $30 million

Top Ten Associated Companies:

Hirshmark Capital (2), AKI Development (1), TD Bank (1), Alice Halkias (1)

Top Ten Associated People:

Halil Todic (1), Kristin Amato (1), Alice Halkias (1), Mark Lavin (1)

Recent activity as company:

Angelo Rigas borrowed $30 million from Hirshmark Capital for 263 Prospect Avenue, 4920 3rd Avenue, 257 Prospect Avenue, 4802 3rd Avenue, 4720 3rd Avenue, and others, South Slope, Brooklyn on September 07, 2023.

Angelo Rigas borrowed $5.2 million from TD Bank for 23-67 31st Street, Ditmars Steinway, Queens on September 12, 2022.

AKI Development sold 23-67 31st Street, Ditmars Steinway, Queens for $6.4 million to Angelo Rigas on September 12, 2022.

Gowanus Cubes borrowed $35 million from Hirshmark Capital for 126 4th Avenue, 2885 West 15th Street, and 2885 West 15th Street, Gowanus, Brooklyn on September 29, 2021.

Alice Halkias sold 188 16th Street, N/A 16th Street, N/A 16th Street, N/A 16th Street, 275 Prospect Avenue, and others, Park Slope, Brooklyn for $22.5 million to Angelo Rigas on July 14, 2021.

Properties:

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

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