Lipa Engel
Owner
Lipa Engel portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$2.9 million – office 60%, mixed-use 39%; Brooklyn 60%, Bronx 39%
4746th largest portfolio by dollar value
19,905 sqft – office 60%, mixed-use 39%;
4167th largest by SF
2 properties – Bronx 50%, Brooklyn 50%
155th largest
4 residential units – Bronx 100%, Manhattan 0%
794th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $5.8 million
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 3 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 signatory:
• T30 Capitaland Sugar Hill Capital Partners sold 1713 8th Avenue, South Slope, Brooklyn for $3.8 million to Lipa Engel on September 19, 2024.
• Lipa Engel filed plans for major alteration for 21,615 sqft in Longwood, Bronx, on July 25, 2024.
• Lipa Engel filed plans for major alteration for 11,578 sqft in South Slope, Brooklyn, on July 11, 2024.
• Mufid Dawani sold 3060 3rd Avenue, Longwood, Bronx for $2 million to Lipa Engel on March 19, 2024.
• Lipa Engel filed plans for major alteration for 13,987 sqft in Longwood, Bronx, on January 31, 2024.
Latest Stories:
• Lipa Engel pays $3.8M to T30 Capital for 29-unit conversion in South Slope September 20, 2024