Efthimios Zisimopoulos

(Tim Ziss)

Allied Properties

Owner

9322 3rd Ave #502 Brooklyn, NY 11209

LinkedIn

Allied Properties portfolio

$15.7 million* – office 100%; Brooklyn 100%, Manhattan 0%

2032th largest portfolio by dollar value

117,794 sqft – office 100%;

1724th largest by SF

2 properties – Brooklyn 100%, Manhattan 0%

3116th largest

2 foreclosures, 4 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $15.6 million

Seller signatory: 2 for $21.9 million

Borrower signatory: 1 for $11.9 million

Developer (new building or major alteration): 1.0 for 0 square feet

Top Ten Associated People:

Eric C. Roth (2), Steven W Lawitts (2), William J. Newham, III (1), Theresa McCarthy (1), Yong Ho Lee (1), Demetrios Spiropoulos (1), Joshua Zegan (1), Shan An Zhao (1), Igor Vaysberg (1)

Recent activity as company:

Allied Properties sold 801 65th Street, Dyker Heights, Brooklyn for $8.2 million to Shan An Zhao on October 02, 2024.

Allied Properties borrowed $11.9 million from Madison Realty Capital for 9201 4th Avenue, Bay Ridge, Brooklyn on November 14, 2023.

Demetrios Spiropoulos sold 9201 4th Avenue, Bay Ridge, Brooklyn for $15.6 million to Allied Properties on November 14, 2023.

Allied Properties sold 213-07 Northern Boulevard, Bayside, Queens for $13.6 million to Yong Ho Lee on August 25, 2023.

Allied Properties borrowed $10.5 million from Dime Community Bank for 437 88th Street, Bay Ridge, Brooklyn on July 18, 2022.

Efthimios Zisimopoulos borrowed $7.8 million from Brick Capital Group for 213-07 Northern Boulevard, Bayside, Queens on May 11, 2022.

Efthimios Zisimopoulos borrowed $10 million from Dime Community Bank for 437 88th Street, Bay Ridge, Brooklyn on January 13, 2022.

Efthimios Zisimopoulos borrowed $8.8 million from Brick Capital Group for 213-07 Northern Boulevard, Queens, Queens on August 24, 2021.

Allied Properties sold 8802 5th Avenue, Bay Ridge, Brooklyn for $21 million to NYC School Construction Authority on August 16, 2021.

Allied Properties sold 429 89th Street, Bay Ridge, Brooklyn for $6 million to NYC School Construction Authority on August 16, 2021.

Latest Stories:

• Tim Ziss files 4th bankruptcy in 3 years, now at Bay Ridge medical valued at $33.3M (January 20, 2025)

• Shan An Zhao pays $8.2M to Allied Properties for dev site in Dyker Heights (October 03, 2024)

• $11.9M pre-foreclosure filed at Allied Properties nearly finished Bay Ridge office building (August 22, 2024)

• Allied Properties acquires $15.6M Bay Ridge office building through bankruptcy (November 15, 2023)

• Ramirez Asset Management pays $19.5M for mixed-use in Midtown East sought by Harry Macklowe (October 18, 2023)

• Yong Ho Lee pays $13.6M to Allied Properties for office in Bayside (August 29, 2023)

• Tim Ziss uses bankruptcy to preserve $22.5M Midtown East contract adjacent to Macklowe assemblage (April 21, 2023)

• Courts roundup: $31.5M condo lender suit, $5M dev site bankruptcy in Bay Ridge (September 26, 2022)

• Broadfield Realty Capital pays $5.4M for dev site in Dyker Heights (January 24, 2022)

• NYC School Construction Authority pays $27M to Allied Properties in Bay Ridge (August 17, 2021)

Court Records:

To see the 6 cases for this person you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply