Joseph J. Zitolo

Lemle & Wolff Companies

Lemle & Wolff Companies|Lemle & Wolff Companies|Settlement Housing Fund portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$23 million – walkup 70.0%, elevator 29.0%; Bronx 70.0%, Manhattan 29.0%

1577th largest portfolio by dollar value

420,777 sqft – walkup 61.0%, elevator 38.0%;

691th largest by SF

14 properties – Bronx 78%, Manhattan 14%

143th largest

436 residential units – Bronx 73.0%, Manhattan 26.0%

414th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $10.4 million

Seller signatory: 2 for $48 million

Borrower signatory: 3 for $34.3 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Yechiel Newhouse (2), Lauren Connors (2), Thomas J. Metallo (1)

Recent activity as signatory:

• Lemle & Wolff Companies sold 34 West 139th Street, 34 West 139th Street, 34 West 139th Street, and 34 West 139th Street, Harlem, Manhattan for $31.5 million to Yechiel Newhouse on October 16, 2024.

• Lemle & Wolff Companies sold 259 West 144th Street and 226 West 144th Street, Harlem, Manhattan for $16.5 million to Yechiel Newhouse on September 13, 2024.

• Lemle & Wolff Companiesand Settlement Housing Fund borrowed $18.4 million from NYC Housing Development Corporationand NYC Department of Housing Preservation and Development for 1065 Boston Road, 1056 Boston Road, 1077 Boston Road, and 1038 Boston Road, Morrisania, Bronx on July 12, 2024.

• Lemle & Wolff Companies borrowed $10.5 million from Bellwether Enterprise for 9-21 Sherman Avenue, Washington Heights, Manhattan on March 05, 2024.

• Lemle & Wolff Companiesand Settlement Housing Fund borrowed $5.4 million from Enterprise Community Partners for 1065 Boston Road, 1056 Boston Road, 1077 Boston Road, and 1038 Boston Road, Morrisania, Bronx on May 25, 2023.

• Great American Construction sold 1065 Boston Road, 1056 Boston Road, 1077 Boston Road, and 1038 Boston Road, Morrisania, Bronx for $10.4 million to Lemle & Wolff Companiesand Settlement Housing Fund on May 25, 2023.

• Lemle & Wolff Companies borrowed $10.2 million from NYC Housing Development Corporation for 520 East 142nd Street, 651 Southern Boulevard, 401 East 140th Street, 306 Willis Avenue, and 304 Willis Avenue, Mott Haven, Bronx on December 09, 2022.

• Lemle & Wolff Companies borrowed $44.5 million from Bank of New York Mellon for 472 Willis Avenue and N/A Willis Avenue, Mott Haven, Bronx on October 19, 2021.

• Lemle & Wolff Companies borrowed $6.6 million from Ridgewood Savings Bank for 24 Marcy Place and 30 East Clarke Place, Bronx, Bronx on February 12, 2021.

• Lemle & Wolff Companies borrowed $14.5 million from Sterling National Bank for 138 West 117th Street, 264 West 117th Street, Central Harlem, Manhattan on October 21, 2020.