Eric Margules
(Eric S. Margules)
Margules Properties
381 Park Avenue South, Suite 1420, New York, NY 10016
Margules Properties portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$13.2 million – walkup 100%; Manhattan 100%, Bronx 0%
2230th largest portfolio by dollar value
32,950 sqft – walkup 100%;
3445th largest by SF
4 properties – Manhattan 100%, Bronx 0%
153th largest
43 residential units – Manhattan 100%, Bronx 0%
755th largest by residential units
Top Ten Associated Companies:
Flushing Bank (1), Ridgewood Savings Bank (1)
Top Ten Associated People:
Maura Nicolosi (1), Saara J. Pekale (1)
Recent activity as signatory:
• Margules Properties borrowed $5 million from Ridgewood Savings Bank for 693 9th Avenue, Hell’s Kitchen, Manhattan on August 10, 2022.
• Margules Properties borrowed $14 million from Flushing Bank for 401 East 78th Street, 1500 First Avenue, and 1502 First Avenue, Lenox Hill, Manhattan on August 08, 2022.