Steven Neuman

Coltown Properties

Owner

85 Delancey St. New York, NY 10002

233 W Route 59 , Nanuet, NY 10954

LinkedIn

Coltown Properties portfolio

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

$66.3 million – elevator 67%, condo 7%; Manhattan 73%, Brooklyn 26%

764th largest portfolio by dollar value

718,727 sqft – elevator 84%, walkup 9%;

436th largest by SF

12 properties – Manhattan 66%, Brooklyn 33%

145th largest

600 residential units – Manhattan 60%, Brooklyn 39%

327th largest by residential units

Notes

“Coltown Properties is a privately held, New York-based real estate company founded by Israel Weinberger, Steven Neuman and Jonathan Weinberger,” according to Real Esate Weekly from 2021.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 1 for $16.5 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 People:

John Feijoo (4), Paul Kotronis (1), Bentley Shang Zhao (1), Douglas Walerstein (1), Tracy Cohen (1), Alan L. Kaufman (1)

Recent activity as signatory:

• Steven Neuman sold 2435 Frederick Douglass Boulevard, Harlem, Manhattan for $16.5 million to James Equitiesand Services for the Underserved on September 18, 2024.

• Coltown Properties borrowed $5 million from New York Community Bank for 2391 Bedford Avenue, Flatbush, Brooklyn on November 25, 2022.

• Coltown Properties borrowed $5.7 million from New York Community Bank for 1202-1212 Avenue K, Midwood, Brooklyn on November 25, 2022.

• Steven Neuman sold 765 Flatbush Avenue, 21 Lenox Road, 757 Flatbush Avenue, 763 Flatbush Avenue, and 761 Flatbush Avenue, Flatbush, Brooklyn for $18 million to New Empire Corp. on November 03, 2022.

• Israel Weinbergerand Steven Neumanand Coltown Properties borrowed $13 million from New York Community Bank for 100 West 93rd Street, Upper West Side, Manhattan on October 11, 2022.

• Steven Neuman borrowed $20.1 million from New York Community Bank for 3660 Waldo Avenue, Kingsbridge, Bronx on July 05, 2022.

• Coltown Properties borrowed $19.4 million from Signature Bank for 55 Linden Boulevard and 45 Linden Boulevard, Flatbush, Brooklyn on June 27, 2022.

• Steven Neuman filed plans for new building for 3,342 sqft in Harlem, Manhattan, on November 17, 2021.

• Coltown Properties borrowed $48 million from Berkadia Commercial Mortgage for 410 St Nicholas Avenue, Harlem, Manhattan on November 09, 2021.

• Coltown Properties borrowed $20 million from Connectone Bank for 685 Lenox Avenue, 691 Lenox Avenue, 112 West 145th Street, 122 West 145th Street, and 150 West 145th Street, Central Harlem, Manhattan on June 18, 2021.