Marc Blumenfrucht

Iris Holdings Group

Owner

2460 Tiebout Ave, Bronx, NY 10458

Iris Holdings Group portfolio

$73.7 million* – elevator 50%, walkup 49%; Queens 59%, Brooklyn 40%

720th largest portfolio by dollar value

985,982 sqft – elevator 52%, walkup 47%;

353th largest by SF

20 properties – Brooklyn 75%, Queens 25%

459th largest

1,048 residential units – Queens 56%, Brooklyn 43%

232th largest by residential units

Person Activity past 24 months:

Buyer signatory: 4 for $71.5 million

Borrower signatory: 1 for $75 million

Top Ten Associated Companies:

LeFrak (4), MF1 Capital (3), KeyBank (1), National Equity Fund (1), Estate of Michael Lazaroff (1)

Top Ten Associated People:

Arnold S. Lehman (4)

Recent activity as company:

• Iris Holdings Group borrowed $75 million from National Equity Fund for 45-15 Colden Street, 44-15 Colden Street, 137-20 45th Avenue, and 44-35 Colden Street, Flushing, Queens on July 03, 2024.

• LeFrak sold 44-15 Colden Street, Flushing, Queens for $19.5 million to Iris Holdings Group on July 03, 2024.

• LeFrak sold 45-15 Colden Street, Flushing, Queens for $20.9 million to Iris Holdings Group on July 03, 2024.

• LeFrak sold 44-35 Colden Street, Flushing, Queens for $10 million to Iris Holdings Group on July 03, 2024.

• LeFrak sold 137-20 45th Avenue, Flushing, Queens for $21.1 million to Iris Holdings Group on July 03, 2024.

• Iris Holdings Group borrowed $72.7 million from MF1 Capital for 902 47th Street, 914 47th Street, 926 47th Street, 864 49th Street, 983 46th Street, and others, Borough Park, Brooklyn on November 30, 2021.

• Iris Holdings Group borrowed $27.5 million from MF1 Capital for 5001 10th Avenue and 1016 50th Street, Borough Park, Brooklyn on November 30, 2021.

• Iris Holdings Group borrowed $19.8 million from MF1 Capital for 902 47th Street, 5001 10th Avenue, 914 47th Street, 926 47th Street, 1016 50th Street, and others, Borough Park, Brooklyn on November 30, 2021.

• Iris Holdings Group borrowed $11.7 million from KeyBank for 44 Mac Donough Street, 39 Mac Donough Street, 193 Jefferson Avenue, 191 Jefferson Avenue, and 189 Jefferson Avenue, Bedford-Stuyvesant, Brooklyn on July 07, 2021.

• Estate of Michael Lazaroff sold 100 Daniel Low Terrace, Staten Island, Staten Island for $11.9 million to Marc Blumenfrucht on August 18, 2020.