Leopold Kaufman
Owner
Leopold Kaufman portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$67 million – walkup 78.0%, elevator 10.0%; Brooklyn 92.0%, Queens 5.0%
752th largest portfolio by dollar value
339,445 sqft – walkup 79.0%, elevator 9.0%;
817th largest by SF
54 properties – Brooklyn 87%, Queens 11%
103th largest
501 residential units – Brooklyn 81.0%, Queens 18.0%
373th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $38.1 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Popular Bank (4), New York Community Bank (3), Amalgamated Bank (3), Bank of Princeton (1), Arbor Realty Trust (1), Nuchem Obstfeld (1), CPC Mortgage Company (1)
Top Ten Associated People:
John Saltos (3), Claudette Sofair (2), Alan L. Kaufman (2), William McDowell (1), Susana Iannicelli (1), Nuchem Obstfeld (1)
Recent activity as signatory:
• Leopold Kaufman borrowed $14.8 million from Popular Bank for 180-186 Throop Avenue, Bedford Stuyvesant, Brooklyn on November 27, 2023.
• Leopold Kaufman borrowed $23.3 million from Arbor Realty Trust for 17-11 Hancock Street and 56-40 Myrtle Avenue, Ridgewood, Queens on October 11, 2023.
• Leopold Kaufman borrowed $31.1 million from Popular Bank for 1984-1990 3rd Avenue, East Harlem, Manhattan on January 03, 2023.
• Leopold Kaufman borrowed $6.8 million from Popular Bank for 1984-1990 Third Avenue, East Harlem, Manhattan on December 22, 2022.
• Nuchem Obstfeld sold 1984-1990 Third Avenue, East Harlem, Manhattan for $13.5 million to Leopold Kaufman on December 22, 2022.
• Leopold Kaufman borrowed $7.6 million from Amalgamated Bank for 314 Woodward Avenue, Ridgewood, Queens on November 07, 2022.
• Leopold Kaufman borrowed $9.3 million from Amalgamated Bank for 123 Boerum Street, 125 Boerum Street, and 123-127 Boerum Street, Williamsburg, Brooklyn on October 27, 2022.
• Leopold Kaufman borrowed $5.8 million from Amalgamated Bank for 81 Stanhope Street and 79 Stanhope Street, Bushwick, Brooklyn on October 24, 2022.
• Leopold Kaufman borrowed $6.2 million from New York Community Bank for 106 Grattan Street and 1037-1039 Bergen Street, East Williamsburg, Brooklyn on June 06, 2022.
• Leopold Kaufman borrowed $6.6 million from Bank of Princeton for 1896 De Kalb Avenue and 1894 De Kalb Avenue, Ridgewood, Queens on March 29, 2022.
Latest Stories:
• 9-family at 1984 Third Avenue in East Harlem sells for $3.5M December 21, 2020
• Leopold Kaufman obtained financing of $10M from Popular Bank August 15, 2019
Litigation: