Affordable Living NY

710 Avenue U Brooklyn, NY 11223

1303 Seawane Drive HEWLETT, NY 11557

People:

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Affordable Living NY NYC portfolio

$43.9 million* – V0 74.0%, specialty 21.0%; Bronx 78.0%, Brooklyn 21.0%

1963th largest portfolio by dollar value

32,455 sqft – specialty 93%, V0 6%;

3502th largest by SF

7 properties – Bronx 85%, Brooklyn 14%

1211th largest

Company Activity past 24 months:

Borrower company: 2 for $31.7 million

Top Ten Associated Companies:

Ponce Bank (1), Webster Bank (1)

Top Ten Associated People:

Steven A. Tsavaris (1), Peter Izzo (1)

Recent activity as company:

Affordable Living NY borrowed $7.2 million from Webster Bank for 3025 Avenue U, Sheepshead Bay, Brooklyn on November 20, 2024.

Affordable Living NY borrowed $24.5 million from Ponce Bank for 749 Crotona Park North, 739 Crotona Park North, 747 Crotona Park North, 741 Crotona Park North, 733 Crotona Park North, and others, East Morrisania, Bronx on October 02, 2024.

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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