ACMH
254 W 31st St 9th floor New York, NY 10001
People:
ACMH NYC portfolio
$158.5 million* – industrial 91.0%, elevator 8.0%; Bronx 93.0%, Queens 6.0%
877th largest portfolio by dollar value
114,293 sqft – elevator 57%, industrial 42%;
1746th largest by SF
6 properties – Bronx 66%, Queens 33%
1303th largest
86 residential units – Bronx 100%, Manhattan 0%
1563th largest by residential units
Company Activity past 24 months:
Buyer company: 4 for $20.3 million
Borrower company: 4 for $117.2 million
Developer (new building or major alteration): 1 for 126,518 square feet
Top Ten Associated Companies:
Leviticus Fund (2), Abdul Hadi Nasery (2), Bolivar Development (1), Gigi Porcelli (1), Mohammad N. Nasary (1), NYC Department of Housing Preservation and Development (1), NYC Housing Development Corporation (1), Enterprise Community Partners (1)
Top Ten Associated People:
Abdul Hadi Nasery (2), Peter Fine (1), Gigi Porcelli (1), Mohammad N. Nasary (1), Emily Lehman (1), Baaba Halm (1)
Recent activity as company:
• ACMH borrowed $9.6 million from Leviticus Fund for 3041 Webster Avenue, Norwood, Bronx on March 05, 2025.
• ACMH borrowed $6.2 million from Leviticus Fund for 179-29 Jamaica Avenue and 179-11 Jamaica Avenue, Jamaica, Queens on February 26, 2025.
• Mohammad N. Nasary and Abdul Hadi Nasery sold 179-11 Jamaica Avenue, Jamaica, Queens for $2.5 million to ACMH on February 26, 2025.
• Abdul Hadi Nasery sold 179-29 Jamaica Avenue, Jamaica, Queens for $2.5 million to ACMH on February 26, 2025.
• ACMH borrowed $90.7 million from NYC Housing Development Corporation for 1760 Jerome Avenue and 1768 Jerome Avenue, Mt Hope, Bronx on January 13, 2025.
• Bolivar Development sold 3041 Webster Avenue, Norwood, Bronx for $7 million to ACMH on November 12, 2024.
• ACMH for Ronald Lasker filed plans for new building for 126,518 sqft in Mt Hope, Bronx, on February 15, 2024.
• ACMH borrowed $10.7 million from Enterprise Community Partners for 1760 Jerome Avenue and 1768 Jerome Avenue, Mt Hope, Bronx on June 02, 2023.
• Gigi Porcelli sold 1760 Jerome Avenue and 1768 Jerome Avenue, Mt Hope, Bronx for $8.4 million to ACMH on June 02, 2023.
• ACMH borrowed $10.3 million from NYC Department of Housing Preservation and Development for 2051 Ryer Avenue, Fordham Heights, Bronx on January 26, 2022.
Latest Stories:
• Nonprofit ACMH pays $7M to Peter Fine for dev site in Norwood (November 13, 2024)
• Nonprofit pays $8.4M for two industrial properties in Mt Hope (June 05, 2023)
• Peter Fine’s Atlantic Development Group pays $6M for warehouse in Riverdale (April 06, 2020)
Properties: