Joseph Merola Jr.
Owner
Joseph Merola Jr. portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$1.6 million – walkup 100%; Brooklyn 100%, Manhattan 0%
5714th largest portfolio by dollar value
3,600 sqft – walkup 100%;
6686th largest by SF
5 residential units – Brooklyn 100%, Manhattan 0%
793th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $4.1 million
Seller signatory: 2 for $11 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Kingsdel Real Estate (2), Gwen Libstag (1)
Top Ten Associated People:
Nigel Boyden (2), Gwen Libstag (1)
Recent activity as signatory:
• Gwen Libstag sold 390 Bergen Street, Park Slope, Brooklyn for $4.1 million to Joseph Merola Jr. on July 24, 2023.
• Joseph Merola Jr. sold 447 Fenimore Street, Prospect Lefferts Gardens, Brooklyn for $2.6 million to Kingsdel Real Estate on February 28, 2023.
• Joseph Merola Jr. sold 629 New York Avenue, 625 New York Avenue, N/A Fenimore Street, and N/A Fenimore Street, East Flatbush, Brooklyn for $8.4 million to Kingsdel Real Estate on February 28, 2023.
Latest Stories:
• Joseph Merola Jr. pays $4.1M for 5-unit walkup in Park Slope July 25, 2023
• Kingsdel signs $7M loan with Urban Standard for 56-unit developments in Brooklyn March 13, 2023
• Kingsdel Real Estate pays $11M for development parcels in Brooklyn March 01, 2023