Richard Apell

Argo Real Estate

Owner

LinkedIn

Argo Real Estate portfolio

$211.3 million* – elevator 69%, D4 15%; Manhattan 55%, Queens 44%

290th largest portfolio by dollar value

1,695,795 sqft – elevator 76%, D4 18%;

192th largest by SF

23 properties – Queens 56%, Manhattan 43%

408th largest

1,699 residential units – Queens 74%, Manhattan 25%

132th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Borrower signatory: 2 for $12 million

Top Ten Associated Companies:

Apple Bank for Savings (5), Capital One (5), Signature Bank (1)

Top Ten Associated People:

Cynthia Wang (5)

Recent activity as company:

Argo Real Estate borrowed $6 million from Apple Bank for Savings for 82-46 135th Street, Briarwood, Queens on March 01, 2024.

Argo Real Estate borrowed $6 million from Apple Bank for Savings for 137-01 83rd Avenue, Briarwood, Queens on March 01, 2024.

Argo Real Estate borrowed $7 million from Apple Bank for Savings for 697 West End Avenue, Upper West Side, Manhattan on September 27, 2022.

Argo Real Estate borrowed $9 million from Apple Bank for Savings for 201 West 85th, Upper West Side, Manhattan on September 26, 2022.

Argo Real Estate borrowed $15 million from Signature Bank for 50 West 17th Street, Gramercy, Manhattan on October 25, 2021.

Argo Real Estate borrowed $10 million from Apple Bank for Savings for 210 West 101st Street, Upper West Side, Manhattan on October 14, 2021.

Argo Real Estate borrowed $7 million from Capital One for 135-05 Hoover Avenue, Briarwood, Queens on December 10, 2020.

Argo Real Estate borrowed $7 million from Capital One for 135-26 Hoover Avenue, Queens, Queens on December 09, 2020.

Argo Real Estate borrowed $7 million from Capital One for 82-41 Hoover Avenue, Queens, Queens on December 08, 2020.

Argo Real Estate borrowed $13 million from Capital One for 82-05 134th Street and 82-08 135th Street, Briarwood, Queens on December 07, 2020.

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

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