ABJ Properties
11 Grace Avenue, Suite 405. Great Neck, NY 11021
People:
ABJ Properties NYC portfolio
$350.8 million -walkup 75%, elevator 12%, mixed-use 9%; Manhattan 43%, Brooklyn 32%, Bronx 23%*
626th largest portfolio by dollar value
1,111,807 sqft – walkup 80%, elevator 15%, mixed-use 3%; Bronx 39%, Manhattan 30%, Brooklyn 28%
450th largest by SF
102 properties – Brooklyn 38%, Manhattan 30%, Bronx 30%
63th largest
1,184 residential units – Bronx 39%, Manhattan 32%, Brooklyn 26%
291th largest by residential units
3 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 11 for $71.1 million
Seller company: 2 for $16.1 million
Borrower company: 4 for $50.8 million
Top Ten Associated Companies:
Yechiel Newhouse (7), JPMorgan Chase (4), New York Community Bank (2), PGIM Real Estate (2), Arbor Realty Trust (2), Signature Bank (1), Berkadia Commercial Mortgage (1), Ridgewood Savings Bank (1), Olive Corporation (1), Daniel Ilibassi (1)
Top Ten Associated People:
Alan L. Kaufman (2), Ursula Flores (2), Marna E. Bernstein (1), Christian Nickel (1), Hirofusa Otsubo (1), Daniel Ilibassi (1), Doris Shen (1), Kenneth Downling (1), Kenneth Dowling (1), Louis Ciniglio (1)
Recent activity as company:
• Aimco sold 169 East 90 Street for $22.9 million to ABJ Properties on June 25, 2026.
• ABJ Properties borrowed $16 million from JPMorgan Chase for 169 East 90 Street on June 25, 2026.
• Avanath Capital Management sold 601 Grand Avenue for $12.3 million to ABJ Properties, KABR Group and Lincoln Oak Management on December 23, 2025.
• ABJ Properties, KABR Group and Lincoln Oak Management borrowed $6.2 million from Hirshmark Capital for 601 Grand Avenue 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 323 Lincoln Place for $2.5 million to ABJ Properties on November 06, 2024.
• ABJ Properties and Sierra Capital Group borrowed $17 million from JPMorgan Chase for 317 Lincoln Place on November 06, 2024.
• Related Companies sold 329 Lincoln Place for $3.6 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.
• Related Companies sold 317 Lincoln Place for $6 million to ABJ Properties on November 06, 2024.
• Steven Katz sold 469A 7 Avenue for $3.2 million to ABJ Properties on October 30, 2024.
• ABJ Properties sold 32 Avenue A for $5.8 million to Daniel Ilibassi and John Ilibassi on October 16, 2024.
• ABJ Properties borrowed $11.6 million from PGIM Real Estate for 340 East 139 Street on October 01, 2024.
• Related Companies sold 196 Sackett Street for $1.6 million to ABJ Properties on July 26, 2024.
• Related Companies sold 132 Norman Avenue for $2.6 million to ABJ Properties on July 26, 2024.
• Related Companies sold 32 Garnet Street for $2.7 million to ABJ Properties on July 26, 2024.
Latest Stories:
• ABJ Properties pays $22.9M to Aimco for five properties in Carnegie Hill (July 06, 2026)
• 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)
Court Records:
Properties: