Matthew Sprayregen
Knickpoint Ventures
Owner
Knickpoint Ventures portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$4.5 million – industrial 68%, development 31%; Bronx 68%, Queens 31%
3949th largest portfolio by dollar value
43,820 sqft – industrial 100%, development 0%;
3024th largest by SF
2 properties – Bronx 50%, Queens 50%
155th largest
Person Activity past 24 months:
Buyer signatory: 1 for $8 million
Seller signatory: 1 for $6.3 million
Borrower signatory: 1 for $32 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Low Income Investment Fund (2), Invesco Real Estate (2), Extra Space Storage Inc. (1), Divine Moving & Storage (1), Enterprise Community Partners (1), (1), Surjeet Kaur (1), M&T Bank (1), Prime Storage (1), Prime Group Holdings (1)
Top Ten Associated People:
Jason W. Geer (2), Kirk Grimshaw (1), Shelia Martin (1), David Cohen (1), Surjeet Kaur (1), Robert Moser (1)
Recent activity as signatory:
• Apex Development Groupand Knickpoint Venturesand Forte Preparatory Academy borrowed $32 million from Enterprise Community Partnersand Low Income Investment Fundand for 78-06 Queens Boulevard, Elmhurst, Queens on July 05, 2024.
• Surjeet Kaur sold 78-06 Queens Blvd, Elmhurst, Queens for $8 million to Apex Development Groupand Knickpoint Ventures on July 05, 2024.
• Tuck-it-Away sold 601 East 137th Street, Mott Haven, Bronx for $6.3 million to Divine Moving & Storage on February 14, 2023.
• Tuck-it-Away sold 160 John Street, Vinegar Hill, Brooklyn for $43.5 million to Invesco Real Estate on July 25, 2022.
• Tuck-it-Away sold 37-19 Crescent Street, Long Island City, Queens for $12.8 million to Invesco Real Estate on July 25, 2022.
• Knickpoint Ventures borrowed $5.9 million from Low Income Investment Fund for 261 Walton Avenue, Mott Haven, Bronx on July 11, 2022.
• Tuck-it-Away sold 1112 Brook Avenue and 1045 Webster Avenue, Morrisania, Bronx for $15.3 million to Extra Space Storage Inc. on January 20, 2022.
• Tuck-it-Away borrowed $38 million from M&T Bank for 37-19 Crescent Street, 160 John Street, 1041-1045 Webster Avenue, 359 Wales Avenue, 1112-1128 Brook Avenue, and others, Long Island City, Queens on May 17, 2021.
• Tuck-it-Away sold University Avenue, 950 University Avenue, Highbridge, Bronx for $26 million to Prime Storage on September 14, 2020.
• Tuck-it-Away sold 973 Summit Avenue, 971 Summit Avenue, 969 Summit Avenue, Highbridge, Bronx for $2.5 million to Prime Group Holdings on September 08, 2020.
Latest Stories:
• Apex, Knickpoint pay $8M to Surjeet Kaur for charter school dev site in Elmhurst July 08, 2024
• Surjeet Kaur pays $6.2M for development in Elmhurst July 14, 2023
• Divine Moving & Storage pays $6.3M to Tuck-it-Away for storage in Mott Haven February 15, 2023
• JCAL Development plans 195-unit building in Mott Haven November 02, 2022
• Invesco pays $56.3M to Tuck-it-Away for storage in Vinegar Hill, Astoria July 26, 2022
• Matthew Sprayregan signs $38M loan with M&T Bank for seven storage buildings in NYC May 18, 2021
• Prime Storage pays $26M to Tuck-It-Away for property in Highbridge September 15, 2020