Marcus Adjmi
Owner
Marcus Adjmi portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$6.5 million – retail 87%, development 12%; Brooklyn 100%, Manhattan 0%
3310th largest portfolio by dollar value
9,600 sqft – retail 100%, development 0%;
5274th largest by SF
2 properties – Brooklyn 100%, Manhattan 0%
155th largest
Person Activity past 24 months:
Buyer signatory: 1 for $7.1 million
Seller signatory: 1 for $5.4 million
Borrower signatory: 2 for $19.1 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Signature Bank (2), Ralph Sitt (1), Metropolitan Commercial Bank (1), Flushing Bank (1), Helene Family Holdings (1), Amerasia Bank (1)
Top Ten Associated People:
Ralph Sitt (1), Nicholas A. LaMorte (1), Dennis Graham (1), Craig Zajac (1), Francesco Pizzolla (1), Alan J. Helene (1)
Recent activity as signatory:
• Jackson Groupand ACHS Management sold 2147 86th Street, Bensonhurst, Brooklyn for $5.4 million to Amerasia Bank on September 11, 2024.
• A&H Acquisitions borrowed $9.8 million from Metropolitan Commercial Bank for 531 86th Street, Bay Ridge, Brooklyn on July 22, 2024.
• ACHS Managementand Aurora Capital Associates borrowed $9.4 million from Flushing Bank for 700-710 Pelham Parkway South, Pelham Parkway, Bronx on January 09, 2024.
• Ralph Sitt sold 2020 East 2nd Street, Gravesend, Brooklyn for $7.1 million to Marcus Adjmi on February 13, 2023.
• Marcus Adjmi borrowed $5 million from Signature Bank for 457 86th Street, Bay Ridge, Brooklyn on April 26, 2022.
• Alex Adjmi borrowed $10 million from Signature Bank for 531 86th Street, Bay Ridge, Brooklyn on April 07, 2021.
• Helene Family Holdings sold 531 86th Street, Bay Ridge, Brooklyn for $14.1 million to Alex Adjmi on November 25, 2020.
Latest Stories:
• Ralph Sitt sells resi dev site in Gravesend for $7.1M February 14, 2023
• Adjmi family pays $14M to Helene Family Holdings for retail in Bay Ridge November 27, 2020