Isaac Chetrit
Owner
Isaac Chetrit portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$178 million – office 94%, retail 5%; Manhattan 94%, Brooklyn 5%
323th largest portfolio by dollar value
527,717 sqft – office 95%, retail 4%;
568th largest by SF
4 properties – Manhattan 75%, Brooklyn 25%
153th largest
1 foreclosure, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $47 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Valley National Bank (2), Signature Bank (2), Leser Group (1), OceanFirst Bank (1), Maverick Real Estate Partners (1), Jack Elo (1), Seymour Israel (1)
Top Ten Associated People:
Oren Sapirstein (2), Abraham Leser (1), AnnMarie Sorena (1), Victor Brown (1), Roger Rofe (1), Jack Elo (1), Seymour Israel (1), Elizabeth Arato (1)
Recent activity as signatory:
• AB & Sons borrowed $0 from Maverick Real Estate Partners for 447 Broadway, SoHo, Manhattan on February 23, 2024.
• 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.
• Sioni Groupand Eli Chetritand Isaac Chetritand 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 Yadidiand Isaac Chetritand Eli Chetritand David Chetritand Chim Tob Chetritand 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.
• Leser Group sold 101 Fleet Place, Downtown Brooklyn, Brooklyn for $42.8 million to Jay Group on December 23, 2021.
• Isaac Chetrit filed plans for major alteration for 4,055 sqft in Midwood, Brooklyn, on December 22, 2021.
• Isaac Chetrit filed plans for major alteration for 10,846 sqft in Lenox Hill, Manhattan, on May 25, 2021.
• Ray Yadidi sold 15 West 47th Street, Plaza District, Manhattan for $110 million to Jack Elo on December 17, 2020.
• Isaac Chetrit borrowed $9.8 million from Signature Bank for 2870 Ocean Avenue, Sheepshead Bay, Brooklyn on September 01, 2020.
Latest Stories:
• Isaac Chetrit pays $15.5M to Seymour Israel for retail in Sheepshead Bay September 02, 2020