Altmark Group

2447 Third Avenue Bronx, New York 10451

People:

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Altmark Group NYC portfolio

$127.6 million -industrial 29%, retail 20%, specialty 20%; Bronx 79%, Manhattan 20%*

1303th largest portfolio by dollar value

478,297 sqft – industrial 55%, specialty 20%, elevator 14%; Bronx 98%, Manhattan 1%

862th largest by SF

15 properties – Bronx 93%, Manhattan 6%

694th largest

98 residential units – Bronx 100%

1825th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Seller company: 1 for $10.5 million

Borrower company: 3 for $34.9 million

Top Ten Associated People:

Robert Gambitsky (2), Paul Verdi (1), Peter Serpico (1), Victoria Lyon (1), Esther Toporovsky (1), Lourdes Zapata (1), Ross Dahmen (1), Jay Shah (1)

Recent activity as company:

• Altmark Group borrowed $10.8 million from TriState Capital Bank for 2490 3rd Avenue and 2490 3rd Avenue, Mott Haven, Bronx on July 29, 2025.

• Altmark Group borrowed $14.2 million from Metropolitan Commercial Bank for 229 East 134 Street on April 09, 2025.

• Altmark Group borrowed $9.8 million from Metropolitan Commercial Bank for 519 East 132 Street on February 25, 2025.

• Altmark Group sold 4551 Furman Avenue for $10.5 million to Vertical Community Development on March 29, 2024.

• Altmark Group sold 322 Bruckner Boulevard for $44 million to Maddd Equities and SoBro on March 08, 2023.

• Altmark Group sold 446 Timpson Place for $17.8 million to Savion on December 29, 2022.

• Altmark Group borrowed $6.2 million from TriState Capital Bank for 751 East 133 Street on July 07, 2022.

• Altmark Group borrowed $6.4 million from TriState Capital Bank for 388 Canal Place on June 10, 2022.

• Altmark Group borrowed $6.8 million from Louise Bonsignore for 446 Timpson Place on April 13, 2022.

• Louise Bonsignore sold 446 Timpson Place for $9.8 million to Altmark Group on April 13, 2022.

Latest Stories:

• Galaxy General Contracting pays $8.2M to Savion for industrial in Mott Haven (April 30, 2025)

• Altmark Group signs $9.8M refi for three properties in Mott Haven (March 13, 2025)

• Vertical Community Dev. pays $10.5M to Altmark for industrial in Wakefield (April 04, 2024)

• Maddd Equities SoBro pay $44M to Altmark Group for property in Mott Haven (March 22, 2023)

• Shell subsidiary Savion pays $17.8M to Altmark Group for industrial in Mott Haven (January 06, 2023)

• Altmark Group sells dev site in Mott Haven for $6.5M, JCAL is developer (July 21, 2021)

• JCAL Development signs $55.3M construction loan for 133-unit project in Mott Haven (July 21, 2021)

• Norman Weisfeld, Altmark borrow $19M from BCB for property in Lenox Hill (January 22, 2021)

• Altmark Group refis $19M on public school-leased building in Mott Haven (August 11, 2020)

• Altmark Group borrows $10M from Dime Community Bank for property in Mott Haven (June 04, 2020)

Court Records:

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Properties:

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