Robert Lumaj

Owner

1602 Hering Avenue Bronx NY 10461

Atlantis Development portfolio

(NYC’s “Market Value,” 50% or less of actual value)

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

4310th largest portfolio by dollar value

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

4671th largest by SF

9 properties – Bronx 100%, Manhattan 0%

148th largest

93 residential units – Bronx 100%, Manhattan 0%

705th largest by residential units

1 foreclosure, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 4 for $20.5 million

Seller signatory: 3 for $10.1 million

Borrower signatory: 2 for $32.8 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 1 for 7,317 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 signatory:

• 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 filed plans for major alteration for 7,317 sqft in Astoria, Queens, on September 15, 2023.

• 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.

Litigation:

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Properties:

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