Dino Tomassetti Jr.

Owner

Dino Tomassetti Jr. portfolio

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

$38 million – office 100%; Manhattan 100%, Bronx 0%

1117th largest portfolio by dollar value

150,888 sqft – office 100%;

1457th largest by SF

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 2 for $17.9 million

Borrower signatory: 2 for $45.7 million

Lender signatory: 0 for $0

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

Top Ten Associated People:

Thomas Polsinelli (2), Liam Dougherty (1), Solomon Fried (1), Steven R. Layton (1), Lisa A. Borghese (1), Yung Ching Siu (1)

Recent activity as signatory:

Asset Realty & Construction Group sold 900 East 92nd Street, Canarsie, Brooklyn for $4.5 million to Solomon Fried on June 03, 2024.

Asset Realty & Construction Group sold 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, and others, Rockaway Park, Queens for $13.5 million to Thomas Polsinelli on March 13, 2024.

Asset Realty & Construction Group borrowed $19.7 million from Columbia Bank for N/A Rockaway Beach Blvd, Rockaway Beach, Queens on December 08, 2023.

Dino Tomassetti Jr.and Irene Tomassetti borrowed $26 million from JPMorgan Chase for 218 5th Avenue, NoMad, Manhattan on September 11, 2023.

Asset Realty & Construction Group sold 2-23 Beach 101st Street, Rockaway Beach, Queens for $5.8 million to Jack Aini on September 19, 2022.

Asset Realty & Construction Group sold 192 Beach 102nd Street, Rockaway Beach, Queens for $3.8 million to Thomas Polsinelli on September 09, 2022.

Asset Realty & Construction Group sold 3536 Peartree Avenue, Eastchester, Bronx for $5.8 million to Criterion Group on December 17, 2021.

Asset Realty & Construction Group borrowed $14.5 million from Investors Bank for 3160 Villa Avenue, Riverdale, Bronx on February 23, 2021.

Asset Realty & Construction Group borrowed $13.5 million from 1st Constitution Bank for 11430 Rockaway Beach Boule, 11430 Rockaway Beach Boule, 11430 Rockaway Beach Boule, 11406 Rockaway Beach Boule, 11406 Rockaway Beach Boule, and others, Rockaway Park, Queens on October 13, 2020.

Laquila Group sold 58-38 47th Street, Queens, Queens for $26 million to LBA Realty on June 08, 2020.

Latest Stories:

• Thomas Polsinelli pays $13.5M to Asset Realty for two rentals in Rockaway Park March 14, 2024

• Dino Tomassetti Jr. signs $26M refi for fee under NoMad office September 12, 2023

• Stellar Management pays Dino Tomassetti Jr. affiliate $133.3M for NoMad office building November 01, 2022

• Stellar Management signs $80M refi with New York Community Bank for office in NoMad October 31, 2022

• Criterion Group pays $5.8M to Asset Realty for development site in Eastchester December 20, 2021

• LBA Realty signs $19.2M initial loan with Bank of America for industrial in Maspeth October 22, 2021

• Asset Realty & Construction Group gets $14M construction loan from Investors Bank for property in Riverdale February 24, 2021

• Commercial and logistics firm LBA Realty pays $26M for vacant land in Maspeth June 09, 2020

Properties:

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