Benjamin Soleimani
Owner
ABJ Properties
Owner
11 Grace Avenue, Suite 405. Great Neck, NY 11021
ABJ Properties portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$157.8 million – walkup 84%, mixed-use 10%; Manhattan 42%, Brooklyn 34%
362th largest portfolio by dollar value
1,032,800 sqft – walkup 87%, elevator 8%;
326th largest by SF
103 properties – Brooklyn 37%, Bronx 32%
63th largest
1,086 residential units – Bronx 43%, Manhattan 33%
207th largest by residential units
Person Activity past 24 months:
Buyer signatory: 16 for $53.1 million
Seller signatory: 1 for $5.8 million
Borrower signatory: 4 for $44.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 8,560 square feet
Top Ten Associated Companies:
Croman Real Estate (8), Related Companies (8), JPMorgan Chase (3), Atkins & Breskin (3), New York Community Bank (2), Arbor Realty Trust (2), AIR Communities (2), Steven Katz (2), PGIM Real Estate (2), Ridgewood Savings Bank (1)
Top Ten Associated People:
Steven Croman (8), Matthew Becker (8), Alan L. Kaufman (2), Ursula Flores (2), John D. McGrath (2), Neil Kupferman (2), Jerry Atkins (2), Marna E. Bernstein (1), Kenneth Downling (1), Rosalind B. Resnik (1)
Recent activity as signatory:
• Steven Katz sold 471 7th Avenue, South Slope, Brooklyn for $3.2 million to ABJ Properties on December 26, 2024.
• ABJ Propertiesand Sierra Capital Group borrowed $17 million from JPMorgan Chase for 315 Lincoln Place, 329 Lincoln Place, 323 Lincoln Place, and 319 Lincoln Place, Prospect Heights, Brooklyn on December 16, 2024.
• Related Companies sold 329 Lincoln Place, Prospect Heights, Brooklyn for $3.6 million to ABJ Properties on November 20, 2024.
• Related Companies sold 323 Lincoln Place, Prospect Heights, Brooklyn for $2.5 million to ABJ Properties on November 20, 2024.
• Related Companies sold 319 Lincoln Place, Prospect Heights, Brooklyn for $3.5 million to ABJ Properties on November 20, 2024.
• Related Companies sold 315 Lincoln Place, Prospect Heights, Brooklyn for $6 million to ABJ Properties on November 20, 2024.
• ABJ Properties sold 32 Avenue A, Alphabet City, Manhattan for $5.8 million to Daniel Ilibassiand John Ilibassi on October 29, 2024.
• ABJ Properties borrowed $11.6 million from PGIM Real Estate for 340 East 139th Street, 137 Alexander Avenue, 224 Willis Avenue, 226 Willis Avenue, 208 Willis Avenue, and others, Mott Haven, Bronx on October 09, 2024.
• Related Companies sold 32 Garnet Street, Carroll Gardens, Brooklyn for $2.7 million to ABJ Properties on August 06, 2024.
• Related Companies sold 132 Norman Street, Greenpoint, Brooklyn for $2.6 million to ABJ Properties on August 06, 2024.
Latest Stories:
• ABJ Properties pays $3.2M to Steven Katz for 7-unit walkup in South Slope December 27, 2024
• ABJ Properties pays $15.6M to Related for 4 adjacent walkups in Prospect Heights November 21, 2024
• John, Daniel Ilibassi pay $5.8M to ABJ Properties for mixed-use in Alphabet City October 30, 2024
• ABJ Properties pays $6.85M to Related for 3 Brooklyn walkups, bought for $10.8M August 07, 2024
• ABJ Properties pays $3.4M for 7-unit walkup in South Slope July 30, 2024
• ABJ Properties pays $5.1M to Atkins & Breskin for 2 rentals in Bushwick August 31, 2023
• ABJ Properties pays $6.4M to Related Companies for two walkups in Gowanus August 30, 2023
• ABJ Properties pays $3.8M to Atkins & Breskin for mixed-use in Alphabet City March 20, 2023
• ABJ, Gorjian Real Estate sign $46.3M loan for eight properties in Manhattan July 27, 2022