Lipa Engel

Owner

Lipa Engel portfolio

$2.9 million* – office 60%, mixed-use 39%; Brooklyn 60%, Bronx 39%

4784th largest portfolio by dollar value

19,905 sqft – office 60%, mixed-use 39%;

4208th largest by SF

2 properties – Bronx 50%, Brooklyn 50%

3773th largest

4 residential units – Bronx 100%, Manhattan 0%

5711th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $5.8 million

Developer (new building or major alteration): 4.0 for 47,180 square feet

Top Ten Associated Companies:

Mufid Dawani (1), T30 Capital (1), Sugar Hill Capital Partners (1)

Top Ten Associated People:

Mufid Dawani (1), Margaret Grossman (1)

Recent activity as company:

• T30 Capital and Sugar Hill Capital Partners sold 1713 8th Avenue, South Slope, Brooklyn for $3.8 million to Lipa Engel on September 19, 2024.

• Mufid Dawani sold 3060 3rd Avenue, Longwood, Bronx for $2 million to Lipa Engel on March 19, 2024.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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