Joseph Lostritto

Owner

Joseph Lostritto portfolio

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

$27.8 million – industrial 100%; Queens 100%, Manhattan 0%

1368th largest portfolio by dollar value

224,106 sqft – industrial 100%;

1071th largest by SF

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 2 for $71.4 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

JPMorgan Chase (2), TD Bank (2), Jacob Gruber estate (1), Yaakov Roth (1), New York Community Bank (1), Princeton Real Estate Partners (1)

Top Ten Associated People:

Leart Saliu (2), Yaakov Roth (1), Brian J. Terry (1), Joseph Tabak (1)

Recent activity as signatory:

Steel Equities borrowed $18.4 million from JPMorgan Chase for 99 Paidge Avenue, Greenpoint, Brooklyn on May 31, 2024.

Steel Equities borrowed $52.9 million from JPMorgan Chase for 59 Paidge Avenue and 215 Paidge Avenue, Greenpoint, Brooklyn on May 31, 2024.

• Jacob Gruber estate sold 53-06 Grand Avenue and 53-14 Grand Avenue, Maspeth, Queens for $9.5 million to Lostritto family on January 04, 2022.

Steel Equities borrowed $70 million from TD Bank for 325-333 Johnson Avenue, East Williamsburg, Brooklyn on August 11, 2021.

Princeton Real Estate Partners sold 121 Morgan Avenue, East Williamsburg, Brooklyn for $18.2 million to Steel Equities on February 01, 2021.

Steel Equities borrowed $22 million from New York Community Bank for 100 APOLLO STREET, 375 JOHNSON AVENUE, 377 JOHNSON AVENUE, 375 JOHNSON AVENUE, 132 BOGART STREET, and others, Brooklyn, Brooklyn on November 20, 2020.

Yaakov Roth sold 375 Johnson Avenue, 377 Johnson Avenue, 375 Johnson Avenue, 132 Bogart Street, 132 Bogart Street, and others, East Williamsburg, Brooklyn for $20 million to Steel Equities on November 17, 2020.

Steel Equities borrowed $50.2 million from TD Bank for 339 Johnson Avenue, 325 Johnson Avenue, East Williamsburg, Brooklyn on July 06, 2020.

Latest Stories:

• Steel Equities signs $71.4M refi loan with JPMorgan Chase for industrial in Greenpoint June 03, 2024

• Steel Equities signs $70M refi with TD Bank for Netflix studio in East Williamsburg August 12, 2021

• Steel Equities pays $18.2M to Princeton Real Estate for property in East Williamsburg February 02, 2021

• Steel Equities buys 50% stake in troubled E. W’burg site from Bruman Realty January 14, 2021

• Steel Equities borrows $22M from New York Community for property in Brooklyn November 23, 2020

• Steel Equities pays $20M to Yaakov Roth for property in East Williamsburg November 18, 2020

• Steel Equities refinances $50.2M from TD Bank for property in East Williamsburg July 07, 2020

• Steel Equities is fully permitted for a $35M change in use to a 157,118-square-foot industrial building in East Williamsburg March 16, 2020

Properties:

To see the 1 property for this person you need a Professional level subscription

Subscribe ($125/month)