Michael X. Mattone
Owner
Michael X. Mattone portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$6.6 million – retail 100%; Brooklyn 100%, Manhattan 0%
3291th largest portfolio by dollar value
34,000 sqft – retail 100%;
3401th largest by SF
1 foreclosure, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $8.1 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Adam Tedesco (1), Maspeth Federal Savings and Loan Association (1), Flushing Bank (1), Bethpage Federal Credit Union (1)
Top Ten Associated People:
Wayne Mandel (1), Arlene Carcione (1), Maura Nicolosi (1), Robert Fish (1)
Recent activity as signatory:
• Mattone Investors borrowed $8.1 million from Flushing Bank for 134-01 20th Avenue, College Point, Queens on September 15, 2023.
• Robert Aielloand Lori Sovieroand Michael X. Mattone borrowed $5 million from Maspeth Federal Savings and Loan Association for 2402 86th Street, Gravesend, Brooklyn on October 19, 2022.
• Adam Tedesco sold 452 Wyckoff Avenue, Bushwick, Brooklyn for $4 million to Mattone Investors on April 08, 2022.
• Mattone Investors borrowed $30 million from Bethpage Federal Credit Union for 184-04 Merrick Boulevard, St. Albans, Queens on October 15, 2021.
Latest Stories:
• Mattone Investors pays $4M for retail in Bushwick April 11, 2022
• Mattone Investors signs $30M refi with Bethpage for shopping center in St. Albans October 18, 2021
Litigation: