Itay Gamlieli
East Group Capital
East Group Capital portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$17.2 million – walkup 94.0%, mixed-use 5.0%; Manhattan 86.0%, Brooklyn 13.0%
1893th largest portfolio by dollar value
59,513 sqft – walkup 86.0%, mixed-use 13.0%;
2579th largest by SF
8 properties – Manhattan 62%, Brooklyn 37%
149th largest
82 residential units – Manhattan 85.0%, Brooklyn 14.0%
716th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $11.6 million
Seller signatory: 1 for $2.4 million
Borrower signatory: 1 for $7 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 5,700 square feet
Top Ten Associated Companies:
Francesco Brusco (2), Bayport (1), Bayport Funding (1), Michael Daniel (1), Axos Bank (1), Edward J. Ballard Jr. (1), Ranjit Kumble (1), Eden Miller (1), RWC Lending (1), Francesco Bruno (1)
Top Ten Associated People:
Francesco Brusco (2), Nina Smalls-Toogood (1), Michael Daniel (1), Amanda Baez (1), Edward J. Ballard Jr. (1), Eden Miller (1), Ian Katz (1), Francesco Bruno (1)
Recent activity as signatory:
• East Group Capital borrowed $7 million from RWC Lending for 2 West 16th Street, Flatiron District, Manhattan on August 21, 2024.
• Eden Miller sold 2 West 16th Street, Flatiron District, Manhattan for $9.1 million to East Group Capital on August 21, 2024.
• Itay Gamlieli filed plans for major alteration for 5,700 sqft in Ridgewood, Queens, on May 07, 2024.
• East Group Capital sold 341 Tompkins Avenue, Bedford Stuyvesant, Brooklyn for $2.4 million to Ranjit Kumble on September 26, 2023.
• Edward J. Ballard Jr. sold 23 Adelphi Street, Fort Greene, Brooklyn for $2.5 million to East Group Capital on March 22, 2023.
• East Group Capital borrowed $5.6 million from Axos Bank for 215 W 109th St, Upper West Side, Manhattan on October 07, 2022.
• Michael Daniel sold 215 W 109th St, Upper West Side, Manhattan for $7 million to East Group Capital on October 07, 2022.
• East Group Capital borrowed $7.8 million from Bayport Funding for 328 Atlantic Avenue, Boerum Hill, Brooklyn on September 01, 2022.
• Francesco Brusco sold 268 West 91st Street, Upper West Side, Manhattan for $2.8 million to East Group Capital on December 15, 2021.
• Francesco Brusco sold 638 West End Avenue, Upper West Side, Manhattan for $3 million to East Group Capital on December 15, 2021.