Matthew Barry

Optimum Asset Management

Optimum Asset Management NYC portfolio

$170.8 million* – elevator 63.0%, D3 34.0%; Manhattan 99.0%, Bronx 0.0%

824th largest portfolio by dollar value

128,839 sqft – elevator 65%, D3 34%;

1615th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2209th largest

114 residential units – Manhattan 100%, Bronx 0%

1302th largest by residential units

Person Activity past 24 months:

Borrower signatory: 1 for $81.8 million

Developer (new building or major alteration): 6 for 45,016 square feet

Top Ten Associated Companies:

Madison Realty Capital (1), Zusatzversorgungskasse des Baugewerbes (1)

Top Ten Associated People:

Brian Shatz (1)

Recent activity as company:

Optimum Asset Management borrowed $81.8 million from Zusatzversorgungskasse des Baugewerbes for 232 East Broadway, 228 East Broadway, and 226 East Broadway, Lower East Side, Manhattan on January 30, 2024.

Optimum Asset Management borrowed $44.6 million from Madison Realty Capital for 228 East Broadway, 226 East Broadway, and 232 East Broadway, Lower East Side, Manhattan on January 12, 2022.

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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