Michael Lefkowitz

Michael Lefkowitz

Michael Lefkowitz|Issta Group portfolio

$3.4 million* – condo 100.0%, None 0.0%; Brooklyn 100.0%, Manhattan 0.0%

4502th largest portfolio by dollar value

33,979 sqft – condo 100.0%, None 0.0%;

3442th largest by SF

3 properties – Brooklyn 100%, Manhattan 0%

2729th largest

Top Ten Associated Companies:

Sela Group (1), Yitzchok Schwartz (1), Grigoriy Vaynshteyn (1), Sterling National Bank (1)

Top Ten Associated People:

Matthew Weinberger (1), Yitzchok Schwartz (1), Grigoriy Vaynshteyn (1)

Recent activity as company:

Michael Lefkowitz sold 121-11 Liberty Avenue, South Richmond Hill, Queens for $3.9 million to Grigoriy Vaynshteyn on September 19, 2022.

Michael Lefkowitz sold 92 Tompkins Avenue, Bedford-Stuyvesant, Brooklyn for $1.5 million to Yitzchok Schwartz on July 21, 2022.

Sela Group sold 39-35 27th Street, Long Island City, Queens for $19.7 million to Issta Group on March 02, 2022.

Michael Lefkowitz borrowed $5.4 million from Sterling National Bank for 265 Marcus Garvey Boulev and 265 Marcus Garvey Boulev, Bedford-Stuyvesant, Brooklyn on February 10, 2022.

Latest Stories:

• Issta Group pays $19.7M to Sela Group for new hotel in Long Island City (March 03, 2022)

• Sela Group signs $99M rehab construction loan with Madison Realty for six properties in NYC (December 20, 2021)

• Madison Realty gives $63.2M loan to Sela Group on parcels it once owned (February 01, 2021)

• Arch Companies records $47.5M loan transfer from Maxim for Sela Group properties (October 09, 2020)

• Arch Companies alleges control of $64M in Sela Group assets in Brooklyn, Queens (September 18, 2020)

• Gal Sela’s Sela Group borrows $43M from Maxim Credit Group for property in Fort Greene (October 07, 2019)

• Gal Sela’s Sela Group borrows $5M from Maxim Credit Group for property in Long Island City (October 07, 2019)

• Sela 27 Street LLC obtained financing of $6M from Maxim Credit Group (August 29, 2019)

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

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