Robert Lumaj

Owner

Atlantis Development portfolio

$3.7 million* – development 44%, industrial 29%; Bronx 100%, Manhattan 0%

4351th largest portfolio by dollar value

14,478 sqft – industrial 66%, mixed-use 33%;

4714th largest by SF

9 properties – Bronx 100%, Manhattan 0%

994th largest

93 residential units – Bronx 100%, Manhattan 0%

1495th largest by residential units

1 foreclosure, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 3 for $15.7 million

Seller signatory: 3 for $10.1 million

Borrower signatory: 2 for $32.8 million

Developer (new building or major alteration): 11.0 for 19,765 square feet

Top Ten Associated Companies:

Northeast Community Bank (2), UBS (2), Chaim Schwartz (1), Moishe Herman (1), Yerucham Israel (1), Vasco Ventures (1), Sopher Group (1), Samuel Klein (1), 33 Equities (1), Zachary Haring (1)

Top Ten Associated People:

Raymond L. Francis (1), Chaim Schwartz (1), Moishe Herman (1), Yerucham Israel (1), Ephraim Vashovsky (1), Barbara Sopher (1), Racquel Small (1), Nicholas Martin (1), Samuel Klein (1), Zachary Hering (1)

Recent activity as company:

• Dykes Lumber Co. sold 1777 West Farms Road, East Morrisania, Bronx for $4.2 million to Atlantis Development on January 02, 2025.

BNS Real Estate sold 1783 West Farms Road, East Morrisania, Bronx for $3.6 million to Atlantis Development on January 02, 2025.

Sopher Group sold 2111 White Plains Road, Pelham Parkway, Bronx for $7.9 million to Robert Lumaj on August 19, 2024.

Atlantis Development sold 596 E. 170th St, Morrisania, Bronx for $5 million to Moishe Herman on August 06, 2024.

Atlantis Development borrowed $18 million from UBS for 2001 Creston Avenue, Mt Hope, Bronx on July 23, 2024.

Atlantis Development sold 1232 Fulton Avenue, Morrisania, Bronx for $2.1 million to Samuel Klein on June 24, 2024.

Atlantis Development borrowed $14.8 million from UBS for N/A E 223rd Street, Wakefield, Bronx on April 19, 2024.

Robert Lumaj sold 2132 Mapes Avenue, Belmont/Little Italy, Bronx for $3 million to Vasco Ventures on August 01, 2023.

Yerucham Israel sold 3269 3rd Avenue, Morrisania, Bronx for $4.8 million to Robert Lumaj on February 02, 2023.

Atlantis Development sold 3923 Carpenter Avenue, Wakefield, Bronx for $8.3 million to Zachary Haring on August 26, 2022.

Latest Stories:

• Robert Lumaj pays $7.9M for Pelham Parkway dev site (August 15, 2024)

• Moishe Herman pays $5M to Atlantis Development for 20-unit walkup in Morrisania (August 07, 2024)

• Atlantis Development signs $18M refi with UBS for 49-unit rental in Mt Hope (July 24, 2024)

• Atlantis Development signs $14.8M refi with UBS for 44-unit rental in Wakefield (April 22, 2024)

• Robert Lumaj pays $4.8M for 73-unit dev site in Morrisania (February 03, 2023)

• Robert Lumaj buys $16M note secured by 53-unit Bronx project (January 27, 2023)

• Zachary Haring pays $8.3M to Atlantis Development for development in Wakefield (August 29, 2022)

• 33 Equities pays $19.8M to Atlantis Development for 61-unit rental in Mt Hope (July 01, 2022)

• Chaim Schwartz pays $6.5M to Atlantis Development for two walkup properties in Norwood (April 01, 2022)

• Abraham Wieder gets $16M construction loan from Acres Capital for project in Bronxdale (November 13, 2020)

Court Records:

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Properties:

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

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