Michael Steg
Owner
Michael Steg portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$16.9 million – industrial 100%; Queens 100%, Manhattan 0%
1920th largest portfolio by dollar value
269,189 sqft – industrial 100%;
947th largest by SF
5 properties – Queens 100%, Manhattan 0%
152th largest
Top Ten Associated Companies:
Signature Bank (1)
Top Ten Associated People:
Jesse Punn (1)
Recent activity as signatory:
• Michael Steg borrowed $20 million from Signature Bank for 40-29 21st Street, 40-18 22nd Street, 21-02 40th Avenue, 21-22 40th Avenue, and 40-24 22nd Street, Long Island City, Queens on October 06, 2022.
Latest Stories:
• Michael Steg signs $20M refi for five industrial properties in Long Island City October 07, 2022
• Elms Realty Corp. files plans to convert five floors to offices in Queens May 08, 2020
Properties:
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