Juan Ramos

Executive Director

Southside United H.D.F.C.

(Los Sures)

Owner

Southside United H.D.F.C. NYC portfolio

$160.7 million* – walkup 44.0%, elevator 32.0%; Brooklyn 100.0%, Manhattan 0.0%

867th largest portfolio by dollar value

552,838 sqft – elevator 46%, walkup 38%;

554th largest by SF

25 properties – Brooklyn 100%, Manhattan 0%

369th largest

613 residential units – Brooklyn 100%, Manhattan 0%

351th largest by residential units

Person Activity past 24 months:

Borrower signatory: 2 for $45.2 million

Top Ten Associated People:

Harout Nalbandian (1), Kerry LaBotz (1)

Recent activity as company:

Southside United H.D.F.C. borrowed $25.5 million from NYC Department of Housing Preservation and Development for 60 North 8th Street, 479 Van Buren Street, 73 South 9th Street, 300 Bedford Avenue, 27 Beaver Street, and others, Williamsburg, Brooklyn on August 20, 2024.

Southside United H.D.F.C. borrowed $19.7 million from NYC Department of Housing Preservation and Development for 201 South 4th Street, 258-262 Grand Street, 743-747 Driggs Avenue, 188 South 2nd Street, 184 South 2nd Street, and others, Williamsburg, Brooklyn on July 30, 2024.

Southside United H.D.F.C. sold 233 South 3rd Street, Williamsburg, Brooklyn for $3.2 million to Harout Nalbandian on December 15, 2022.

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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