Carlos Bertaco

JSRE Acquisitions

(J. Safra Real Estate)

Owner

550 5th Ave New York, NY 10036-5007

Safra National Bank

J. Safra Sarasin

LinkedIn

JSRE Acquisitions portfolio

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

$88.2 million – elevator 29%, condo 29%; Manhattan 100%, Bronx 0%

602th largest portfolio by dollar value

98,018 sqft – elevator 33%, walkup 25%;

1932th largest by SF

8 properties – Manhattan 100%, Bronx 0%

149th largest

55 residential units – Manhattan 100%, Bronx 0%

743th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $7.4 million

Seller signatory: 0 for $0

Borrower signatory: 1 for $11.2 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Banque J. Safra Sarasin (2), Ashkenazy Acquisition (1), 101 Holdings (1), Wharton Properties (1)

Top Ten Associated People:

Ben Ashkenazy (1), Michael Ashkenazy (1), Jeff Sutton (1), Mathieu Beaumont (1), Jules Moor (1)

Recent activity as signatory:

JSRE Acquisitions borrowed $11.2 million from Banque J. Safra Sarasin for 21 East 62nd Street, Lenox Hill, Manhattan on December 09, 2024.

Ashkenazy Acquisitionand 101 Holdingsand Wharton Properties sold 21 East 62nd Street, Lenox Hill, Manhattan for $7.4 million to JSRE Acquisitions on October 23, 2024.

JSRE Acquisitions borrowed $53.7 million from Banque J. Safra Sarasin for 841 Madison Avenue, Lenox Hill, Manhattan on December 16, 2020.