ABJ Properties
11 Grace Avenue, Suite 405. Great Neck, NY 11021
People:
ABJ Properties NYC portfolio
$328 million -walkup 79%, mixed-use 10%, elevator 7%; Manhattan 40%, Brooklyn 34%, Bronx 24%*
659th largest portfolio by dollar value
1,114,470 sqft – walkup 82%, elevator 12%, mixed-use 3%; Bronx 39%, Manhattan 30%, Brooklyn 28%
439th largest by SF
100 properties – Brooklyn 38%, Bronx 30%, Manhattan 28%
64th largest
1,162 residential units – Bronx 40%, Manhattan 31%, Brooklyn 26%
297th largest by residential units
9 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 14 for $58.5 million
Seller company: 2 for $16.1 million
Borrower company: 4 for $44.2 million
Top Ten Associated Companies:
Yechiel Newhouse (7), JPMorgan Chase (3), New York Community Bank (2), PGIM Real Estate (2), Arbor Realty Trust (2), Berkadia Commercial Mortgage (1), Ridgewood Savings Bank (1), Olive Corporation (1), Hirshmark Capital (1), Investors Bank (1)
Top Ten Associated People:
Alan L. Kaufman (2), Ursula Flores (2), Marna E. Bernstein (1), Hirofusa Otsubo (1), Doris Shen (1), Daniel Ilibassi (1), Kenneth Downling (1), Kenneth Dowling (1), Louis Ciniglio (1)
Recent activity as company:
• ABJ Properties, KABR Group and Lincoln Oak Management borrowed $6.2 million from Hirshmark Capital for 601 Grand Avenue on December 23, 2025.
• Avanath Capital Management sold 601 Grand Avenue for $12.3 million to ABJ Properties, KABR Group and Lincoln Oak Management on December 23, 2025.
• Related Companies sold 32-38 48 Street for $1.1 million to ABJ Properties on September 17, 2025.
• Related Companies sold 5-16 47 Road for $1.1 million to ABJ Properties on September 17, 2025.
• ABJ Properties sold 236 East 88 Street for $10.4 million to Olive Corporation on July 01, 2025.
• Gould Investors sold 930 2 Avenue for $8.2 million to ABJ Properties on January 15, 2025.
• Kupferman Family sold 369 7th Avenue and 369 7th Avenue, South Slope, Brooklyn for $6.6 million to ABJ Properties on December 30, 2024.
• Related Companies sold 329 Lincoln Place for $3.6 million to ABJ Properties on November 06, 2024.
• Related Companies sold 323 Lincoln Place for $2.5 million to ABJ Properties on November 06, 2024.
• Related Companies sold 319 Lincoln Place for $3.5 million to ABJ Properties on November 06, 2024.
Latest Stories:
• Japan firm pays $10.4M to ABJ Properties for two walkups in Yorkville (July 18, 2025)
• ABJ Properties pays $6.6M to Kupfermans for 10-unit walkup in South Slope (January 31, 2025)
• ABJ Properties pays $8.2M to Gould Investors for two walkups in Turtle Bay (January 28, 2025)
• ABJ Properties pays $3.2M to Steven Katz for 7-unit walkup in South Slope (December 27, 2024)
• ABJ Properties pays $6.85M to Related for 3 Brooklyn walkups, bought for $10.8M (August 07, 2024)
Court Records:
Properties: