Eli Chetrit

Owner

LinkedIn

AB & Sons Group|Eli Chetrit portfolio

$132.3 million* – mixed-use 61%, office 37%; Manhattan 100%, Bronx 0%

439th largest portfolio by dollar value

268,878 sqft – office 53%, mixed-use 35%;

968th largest by SF

4 properties – Manhattan 100%, Bronx 0%

1782th largest

253 residential units – Manhattan 100%, Bronx 0%

741th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Borrower signatory: 2 for $67.3 million

Top Ten Associated Companies:

Valley National Bank (2), Signature Bank (2), Odiljon Tursunov (2), OceanFirst Bank (1), Wells Fargo (1), Webster Bank (1)

Top Ten Associated People:

Oren Sapirstein (2), Elizabeth Arato (2), Russ Nazrisho (2), AnnMarie Sorena (1), Victor Brown (1), Roger Rofe (1), David Haley (1), Michael Savarese (1)

Recent activity as company:

AB & Sons Group and Jacob Aini borrowed $20.3 million from Webster Bank for 315 West 35th Street, Garment District, Manhattan on January 21, 2025.

Sioni Group borrowed $47 million from Valley National Bank for 989-991 Sixth Avenue and 993 Sixth Avenue, Garment District, Manhattan on August 11, 2023.

Odiljon Tursunov borrowed $24 million from AB & Sons Group for 1100 Kings Highway and 2067 Coney Island Avenue, Sheepshead Bay, Brooklyn on December 23, 2022.

AB & Sons Group sold 1100 Kings Highway and 2067 Coney Island Avenue, Sheepshead Bay, Brooklyn for $34 million to Odiljon Tursunov on December 23, 2022.

AB & Sons borrowed $16.2 million from Signature Bank for 1100 Kings Highway and 2067 Coney Island Avenue, Sheepshead Bay, Brooklyn on October 07, 2022.

Sioni Group, Eli Chetrit, Isaac Chetrit and AB & Sons borrowed $31 million from Valley National Bank for 989 Avenue Of The Americas and 993 Avenue Of The Americas, Garment District, Manhattan on August 12, 2022.

Payman Yadidi, Isaac Chetrit, Eli Chetrit, David Chetrit, Chim Tob Chetrit and Zuda Chetrit borrowed $62 million from Signature Bank for 22 West 48th Street, Midtown West, Manhattan on July 01, 2022.

Chetrit Organization borrowed $20 million from OceanFirst Bank for 59-10 Decatur Street, N/A Decatur Street, N/A Decatur Street, N/A Decatur Street, and 59-20 Decatur Street, Ridgewood, Queens on May 03, 2022.

Jay Group borrowed $45 million from company for 56 West 125th Street, 56 West 125th Street, and 56 West 125th Street, Harlem, Manhattan on September 29, 2021.

AB & Sons Group borrowed $106.5 million from Wells Fargo for 546 Broadway, Soho, Manhattan on March 23, 2021.

Latest Stories:

• Odiljon Tursunov pays $34M to AB & Sons Group for two retail properties in Sheepshead Bay (December 27, 2022)

• Payman Yadidi, Chetrits, sign $62M refi with Signature Bank for office in Midtown West (July 05, 2022)

• HUBB NYC signs $60M refi with MetLife for building in Harlem (February 11, 2022)

• Mayflower Business Group signs $34M refi with Shanghai Commercial for hotel in Hell’s Kitchen (December 29, 2021)

• AB & Sons acquires Sheepshead Bay retail from AB Capstone in distress trade, valued at $18M (December 21, 2021)

• HUBB NYC pays $105M to Jay Group for 141-unit apartment in Harlem (September 30, 2021)

• Uniqlo pays $160M to AB & Sons for mixed-use building in Soho (June 09, 2021)

• AB & Sons Group gets $106M refi from Wells Fargo for retail in Soho (March 24, 2021)

• Isaac Chetrit buys $21.5M note secured by AB Capstone retail (March 16, 2021)

• Jacob Aini, Eli Chetrit and Isaac Chetrit borrow $27M from Sterling National Bank for property in Garment District (January 06, 2020)

Court Records:

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Properties:

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

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