Mike Nassimi

(Mike M. Nassimi)

Nassimi Realty

Owner

Nassimi Realty portfolio

$203.3 million* – office 99%, mixed-use 0%; Manhattan 96%, Brooklyn 3%

296th largest portfolio by dollar value

553,952 sqft – office 98%, mixed-use 1%;

564th largest by SF

5 properties – Brooklyn 60%, Manhattan 40%

1476th largest

10 residential units – Brooklyn 100%, Manhattan 0%

4038th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $36.9 million

Seller signatory: 1 for $3.6 million

Borrower signatory: 1 for $10 million

Top Ten Associated Companies:

Caspi Development (2), Mactaggart Family & Partners (2), Flagstar Bank (1), RXR Realty (1), Blackstone Group (1), Deutsche Bank (1), Metropolitan Commercial Bank (1), Bukharian Torah Society, Inc. (1), Aira Jewels (1)

Top Ten Associated People:

Ivaylo Ninov (2), Stephen R. Larocca (1), David Frank (1), Nerya Aminov (1), Varun Jain (1)

Recent activity as company:

• Nassimi Realty borrowed $10 million from Metropolitan Commercial Bank for 134 Broadway and 74 Broad Street, Williamsburg, Brooklyn on March 22, 2024.

• Caspi Development and Mactaggart Family & Partners sold 74 Broad Street, Financial District, Manhattan for $19.6 million to Nassimi Realty on January 08, 2024.

• Caspi Development and Mactaggart Family & Partners sold 134 Broadway, Williamsburg, Brooklyn for $17.3 million to Nassimi Realty on January 08, 2024.

• Nassimi Realty sold 10 West 46th Street, Midtown West, Manhattan for $3.6 million to Aira Jewels on May 15, 2023.

• Nassimi Realty borrowed $5.6 million from Flagstar Bank for 431 Knickerbocker Avenue and 427 Knickerbocker Avenue, Bushwick, Brooklyn on January 17, 2023.

• Hakimian Capital, CH Capital Group, Creed Equities, Nassimi Realty and Empire Capital Holdings borrowed $215 million from Deutsche Bank for 1330 Avenue Of The Americas, Midtown West, Manhattan on November 28, 2022.

• RXR Realty and Blackstone Group sold 1330 Avenue Of The Americas, Midtown West, Manhattan for $320 million to Hakimian Capital, CH Capital Group, Creed Equities, Nassimi Realty and Empire Capital Holdings on November 28, 2022.

• Tova Mashadi Center of Kew Gardens sold 82-33 Lefferts Boulevard, Kew Gardens, Queens for $12 million to Bukharian Torah Society, Inc. on June 03, 2020.