Matthew Engel

Langsam Property Services

Owner

1601 Bronxdale Ave Ste 201. Bronx, NY 10462

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Langsam Property Services portfolio

$150.1 million* – walkup 68%, elevator 31%; Bronx 90%, Manhattan 7%

396th largest portfolio by dollar value

3,226,584 sqft – walkup 64%, elevator 35%;

100th largest by SF

88 properties – Bronx 94%, Manhattan 4%

102th largest

3,519 residential units – Bronx 91%, Manhattan 6%

49th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $3.1 million

Seller signatory: 2 for $7.1 million

Top Ten Associated Companies:

New York Community Bank (2), Signature Bank (1), Federation Cortlandt Housing Development Fund Corporation (1), Roy Gerstner (1), Alfredo Quiones (1)

Top Ten Associated People:

Elizabeth Arato (1), Serena M. Stoniek (1), Serena M. Stonick (1), Alfredo Quiones (1)

Recent activity as company:

• Alfredo Quiones sold 909 Castle Hill Avenue, Unionport, Bronx for $3.1 million to Rajive Maret, Xhelal Ahmetaj and Matthew Engel on December 05, 2024.

Steve Zervoudis sold 4533 Third Avenue, Belmont/Little Italy, Bronx for $2.2 million to Roy Gerstner on November 21, 2024.

MLappin & Associates sold 10 Van Cortlandt Avenue East, Bedford Park, Bronx for $4.9 million to Federation Cortlandt Housing Development Fund Corporation on September 12, 2024.

Langsam Property Services borrowed $9.4 million from Signature Bank for 1240 Walton Avenue, Concourse, Bronx on June 13, 2022.

Langsam Property Services borrowed $5.2 million from New York Community Bank for 1730 Harrison Avenue, Morris Heights, Bronx on June 07, 2022.

Matthew Engel borrowed $6.8 million from New York Community Bank for 1700 Harrison Avenue, Morris Heights, Bronx on June 06, 2022.

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

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