Ron Vaksin
Managing Partner
Adam America Real Estate
Developer, Owner
Adam America Real Estate portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$119.9 million – elevator 41.0%, condo 34.0%; Brooklyn 52.0%, Manhattan 47.0%
464th largest portfolio by dollar value
430,777 sqft – elevator 49.0%, condo 27.0%;
679th largest by SF
112 properties – Brooklyn 98%, Manhattan 1%
57th largest
301 residential units – Brooklyn 66.0%, Manhattan 33.0%
509th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $7.6 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Bank Leumi (2), Valley National Bank (1), DiFalco Group (1), Ira Schwartz (1)
Top Ten Associated People:
Christopher L. DiFalco (1), Ira Schwartz (1)
Recent activity as signatory:
• Adam America Real Estateand Hampshire Properties sold 2461 Broadway and 2461 Broadway, Upper West Side, Manhattan for $7.6 million to DiFalco Group on September 21, 2023.
• Adam America Real Estate borrowed $44 million from Valley National Bank for 595 Baltic Street and 577 Baltic Street, Boerum Hill, Brooklyn on September 02, 2022.
• Adam America Real Estate sold 196 South 1st Street, Williamsburg, Brooklyn for $6 million to Ira Schwartz on November 15, 2021.
• Adam America Real Estate borrowed $21.8 million from Bank Leumi for 561 Pacific Street, 561 Pacific Street, 561 Pacific Street, 561 Pacific Street, 561 Pacific Street, and others, Boerum Hill, Brooklyn on September 17, 2021.
• Adam America Real Estate borrowed $30 million from Bank Leumi for 10 Nevins Street, 10 Nevins Street, 10 Nevins Street, 10 Nevins Street, 10 Nevins Street, and others, Brooklyn Heights, Brooklyn on September 11, 2020.