AAG Management

AAG Management NYC portfolio

$73.7 million* – mixed-use 45.0%, elevator 33.0%; Queens 89.0%, Brooklyn 10.0%

1436th largest portfolio by dollar value

250,281 sqft – elevator 45%, mixed-use 38%;

1005th largest by SF

5 properties – Queens 80%, Brooklyn 20%

1543th largest

120 residential units – Queens 100%, Manhattan 0%

1259th largest by residential units

Top Ten Associated Companies:

RGA Reinsurance Company (2), New York Community Bank (2), Aetna Realty (1), L+M Development Partners (1), Taconic Partners (1), 3067 Steinway Street, LLC (1)

Top Ten Associated People:

Lisa Grimes (1), Christopher Dolan (1), Benjamin Braka (1), David Dishy (1), Daniel M. Bagata (1)

Recent activity as company:

AAG Management sold 407 West 206th Street, Inwood, Manhattan for $22.2 million to L+M Development Partners and Taconic Partners on July 14, 2022.

AAG Management sold 404 West 50th Street, 729 9th Avenue, and 731 9th Avenue, Hell’s Kitchen, Manhattan for $10 million to Aetna Realty on May 19, 2022.

AAG Management borrowed $6 million from RGA Reinsurance Company for 88-12 Queens Boulevard, Elmhurst, Queens on May 11, 2022.

AAG Management and Bentley Properties borrowed $25 million from RGA Reinsurance Company for 132-01 20th Avenue, College Point, Queens on March 01, 2022.

AAG Management borrowed $5.6 million from New York Community Bank for 2185 Coyle Street, Sheepshead Bay, Brooklyn on February 08, 2022.

AAG Management borrowed $7.8 million from New York Community Bank for 60-15 Woodside Avenue, Woodside, Queens on December 15, 2021.

AAG Management borrowed $11 million from 3067 Steinway Street, LLC for 43-07 42nd Street, Sunnyside, Queens on April 22, 2021.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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