Benjamin Soleimani

Owner

ABJ Properties

Owner

11 Grace Avenue, Suite 405. Great Neck, NY 11021

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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 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 signs $9.4M refi loan with PGIM for two elevator properties in East Harlem June 13, 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