David Somerstein

Owner

David Somerstein portfolio

$16 million* – walkup 51%, C0 24%; Bronx 94%, Manhattan 5%

2015th largest portfolio by dollar value

175,532 sqft – walkup 71%, N9 13%;

1337th largest by SF

17 properties – Bronx 94%, Manhattan 5%

541th largest

332 residential units – Bronx 96%, Manhattan 3%

609th largest by residential units

Person Activity past 24 months:

Developer (new building or major alteration): 3.0 for 10,506 square feet

Top Ten Associated Companies:

Jack Notrica (7), Flushing Bank (3), David T. Diamond (1)

Top Ten Associated People:

Jack Notrica (7), David T. Diamond (1)

Recent activity as company:

• Jack Notrica sold 1214 Hoe Avenue, 1216 Hoe Avenue, and 1218 Hoe Avenue, East Morrisania, Bronx for $5 million to David Somerstein on February 10, 2022.

• Jack Notrica sold 757-759 Dawson Street, Longwood, Bronx for $2.5 million to David Somerstein on February 10, 2022.

• David Somerstein borrowed $8.5 million from Flushing Bank for 1214 Hoe Avenue, 1216 Hoe Avenue, 1218 Hoe Avenue, 757-759 Dawson Street, 1070 Fox Street, and others, East Morrisania, Bronx on February 10, 2022.

• Jack Notrica sold 1848 Anthony Avenue, Mt Hope, Bronx for $2.9 million to David Somerstein on January 27, 2022.

• Jack Notrica sold 719 Prospect Avenue, Longwood, Bronx for $2.5 million to David Somerstein on January 27, 2022.

• Jack Notrica sold 963 Prospect Avenue, Morrisania, Bronx for $7.3 million to David Somerstein on January 27, 2022.

• David Somerstein borrowed $9.8 million from Flushing Bank for 963 Prospect Avenue, 1848 Anthony Avenue, 719 Prospect Avenue, and 110 East 182nd Street, Morrisania, Bronx on January 27, 2022.

• Jack Notrica sold 2287 University Avenue, University Heights, Bronx for $5.8 million to David Somerstein on January 27, 2022.

• Jack Notrica sold 2323 Davidson Avenue, University Heights, Bronx for $4.7 million to David Somerstein on January 27, 2022.

• David Somerstein borrowed $7.9 million from Flushing Bank for 2287 University Avenue and 2323 Davidson Avenue, University Heights, Bronx on January 27, 2022.