Meir Babaev

Owner

Meir Babaev portfolio

$19.9 million* – office 100%; Queens 100%, Manhattan 0%

1756th largest portfolio by dollar value

84,352 sqft – office 100%;

2142th largest by SF

9 foreclosures, 0 bankruptcies, 7 other court cases.

Person Activity past 24 months:

Borrower signatory: 1 for $5.3 million

Top Ten Associated Companies:

Lightstone Group (2), Arch Companies (1), AB & Sons Group (1), Ganggang Zhao (1), Argentic Investment Management (1), Fairbridge Asset Management (1), AB Capstone (1), Target Corporation (1), Heskel Group (1)

Top Ten Associated People:

Jeffrey Simpson (1), Ganggang Zhao (1), Anthony C. Balbo (1), Meir Babaev (1), Yeheskel Elias (1)

Recent activity as company:

• AB Capstone borrowed $5.3 million from Fairbridge Asset Management for 179-24 Union Turnpike, Jamaica Estates, Queens on January 19, 2024.

• AB Capstone sold 1633 East 16th Street, Sheepshead Bay, Brooklyn for $22.3 million to Arch Companies on September 12, 2022.

• AB Capstone sold 47-16 Greenpoint Avenue and 47-16 Greenpoint Avenue, Sunnyside, Queens for $23.5 million to Ganggang Zhao on July 15, 2022.

• AB Capstone sold 2067 Coney Island Avenue and 1100 Kings Highway, Sheepshead Bay, Brooklyn for $18 million to AB & Sons Group on December 20, 2021.

• AB Capstone sold 87-10 Northern Boulevard, Jackson Heights, Queens for $18.4 million to Heskel Group on December 07, 2021.

• AB Capstone borrowed $26.5 million from Lightstone Group for 45-01 Northern Boulevard and 34-08 46th Street, Astoria, Queens on November 22, 2021.

• AB Capstone borrowed $11 million from Lightstone Group for 38-27 30th Street, Long Island City, Queens on February 21, 2020.

• AB Capstone sold 38-27 30th Street, Long Island City, Queens for $7 million to AB Capstone on February 21, 2020.

• AB Capstone sold 3-50 St. Nicholas Avenue, 54-31 Myrtle Avenue, 54-21 Myrtle Avenue, 13210 St Nicholas Avenue, 18323 St Nicholas Avenue, 16-37 Woodbine Street, Ridgewood, Queens for $0 to Target Corporation on December 20, 2019.

• AB Capstone borrowed $22.5 million from Argentic Investment Management for 45-01 Northern Boulevard, 34-08 46th Street, Astoria, Queens on October 10, 2019.