Robert Cerrone

President

Park Construction Corp.

Owner, Developer

1836 Gilford Avenue New Hyde Park, NY 11040

Park Construction Corp. portfolio

$5.5 million* – elevator 100%; Queens 100%, Manhattan 0%

3645th largest portfolio by dollar value

73,715 sqft – elevator 100%;

2304th largest by SF

3 properties – Queens 100%, Manhattan 0%

2593th largest

86 residential units – Queens 100%, Manhattan 0%

1575th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $6.6 million

Borrower signatory: 1 for $11 million

Developer (new building or major alteration): 7.0 for 8,500 square feet

Top Ten Associated Companies:

TriState Capital Bank (2), Young J. Ahn (1), Joseph Torres (1), Preferred Bank (1), Investors Bank (1)

Top Ten Associated People:

Robert Gambitsky (1), Young J. Ahn (1), Joseph I. Torres Jr. (1)

Recent activity as company:

• Robert Cerrone borrowed $11 million from Preferred Bank for 25-23 Newtown Avenue, Astoria, Queens on May 09, 2024.

• Joseph Torres sold 38-24 32nd Street, Long Island City, Queens for $6.6 million to Robert Cerrone on May 01, 2024.

• Robert Cerrone filed plans for new building for 30,402 sqft in Astoria, Queens, on November 16, 2022.

• Young J. Ahn sold 25-23 Newtown Avenue, Astoria, Queens for $4.8 million to Robert Cerrone on September 22, 2022.

• Robert Cerrone borrowed $11 million from TriState Capital Bank for 31-27 Crescent Street and 31-29 Crescent Street, Astoria, Queens on August 08, 2022.

• Park Construction Corp. borrowed $7 million from TriState Capital Bank for 30-82 Crescent Street, Astoria, Queens on January 21, 2022.

• Park Construction Corp. borrowed $22.7 million from Investors Bank for 37-24 30th Street and 37-28 30th Street, Astoria, Queens on September 17, 2021.

• Robert Cerrone filed plans for new building for 24,170 sqft in Astoria, Queens, on June 17, 2020.