Hercules Argyriou
Mega Contracting Group
Owner
Mega Contracting Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$3.3 million – mixed-use 45%, retail 23%; Bronx 83%, Brooklyn 16%
4523th largest portfolio by dollar value
19,455 sqft – mixed-use 70%, retail 29%;
4201th largest by SF
5 properties – Bronx 80%, Brooklyn 20%
152th largest
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $6.5 million
Borrower signatory: 1 for $18.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Bank of America (1), TD Bank (1), Webster Bank (1), First Horizon Bank (1), Bank of Greene County (1), Corporation for Supportive Housing (1), Amerco (1), Mega Contracting Group (1)
Top Ten Associated People:
William D’Allesandro (1), Jose Arredondo (1), Christopher J. Alleva (1), John Antalek (1), Matthew F. Braccia (1), Daniel K. Johansson (1)
Recent activity as signatory:
• Mega Contracting Group sold 27-07 Brooklyn Queens Expr, Woodside, Queens for $6.5 million to Amerco on September 19, 2024.
• Mega Contracting Group borrowed $18.2 million from Corporation for Supportive Housing for 521 East Tremont Avenue, 513 East Tremont Avenue, 4223 3rd Avenue, and 1904 Bathgate Avenue, Tremont, Bronx on May 03, 2024.
• Hercules Argyriou borrowed $43 million from Webster Bankand First Horizon Bankand Bank of Greene County for 22-60 46th Street and 22-61 45th Street, Ditmars Steinway, Queens on August 01, 2022.
• Mega Contracting Groupand Lantern Organization borrowed $48.6 million from Bank of America for 437 Euclid Avenue, East New York, Brooklyn on July 15, 2022.
• Hercules Argyriouand Dimitrios Hanjis borrowed $9 million from TD Bank for 23-10 41st Avenue, 23-10 41st Avenue, and 23-10 41st Avenue, Long Island City, Queens on March 31, 2022.
• Mega Contracting Group sold 4179 3rd Avenue, Tremont, Bronx for $5.8 million to Wilfrid Realty Corp. on January 08, 2021.
• Hercules Argyriou filed plans for new building for 93,193 sqft in Ditmars Steinway, Queens, on July 14, 2020.
• Hercules Argyriou filed plans for new building for 69,247 sqft in Ditmars Steinway, Queens, on July 10, 2020.
• Hercules Argyriou filed plans for new building for 65,653 sqft in Fordham Heights, Bronx, on August 10, 2017.
• Hercules Argyriou filed plans for new building for 102,632 sqft in Astoria, Queens, on September 22, 2014.