Altmark Group
2447 Third Avenue Bronx, New York 10451
People:
Altmark Group NYC portfolio
$134.3 million* – industrial 38.0%, retail 19.0%; Bronx 80.0%, Manhattan 19.0%
983th largest portfolio by dollar value
408,940 sqft – industrial 64%, specialty 24%;
720th largest by SF
15 properties – Bronx 93%, Manhattan 6%
599th largest
52 residential units – Bronx 100%, Manhattan 0%
2134th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Seller company: 2 for $54.5 million
Borrower company: 1 for $9.8 million
Developer (new building or major alteration): 1 for 2,841 square feet
Top Ten Associated Companies:
Dime Community Bank (4), TriState Capital Bank (3), Louise Bonsignore (2), Metropolitan Commercial Bank (1), Vertical Community Development (1), Kenneth Arbeeny (1), Lakeland Bank (1), Signature Bank (1), Savion (1), Housing Partnership Development Corporation (1)
Top Ten Associated People:
Robert Gambitsky (2), Ross Dahmen (1), Jay Shah (1), Louise Bonsignore (1), Peter Serpico (1), Victoria Lyon (1), Esther Toporovsky (1), Lourdes Zapata (1)
Recent activity as company:
• Altmark Group borrowed $9.8 million from Metropolitan Commercial Bank for 517 East 132nd Street, 519 East 132nd Street, and 122 Bruckner Boulevard, Mott Haven, Bronx on March 11, 2025.
• Altmark Group sold 4541-4551 Furman Avenue, Wakefield, Bronx for $10.5 million to Vertical Community Development on April 03, 2024.
• Altmark Group sold 825 East 141st Street and 804 East 141st Street, Mott Haven, Bronx for $44 million to Maddd Equities and SoBro on March 21, 2023.
• Altmark Group sold 450 Timpson Place, Mott Haven, Bronx for $17.8 million to Savion on January 05, 2023.
• Altmark Group borrowed $6.2 million from TriState Capital Bank for 751 East 133rd Street, 749 East 133rd Street, and 747 East 133rd Street, Mott Haven, Bronx on August 11, 2022.
• Altmark Group borrowed $6.4 million from TriState Capital Bank for 389 Rider Avenue, Mott Haven, Bronx on July 13, 2022.
• Altmark Group borrowed $6.8 million from Louise Bonsignore for 450 Timpson Place, Mott Haven, Bronx on April 28, 2022.
• Louise Bonsignore sold 450 Timpson Place, Mott Haven, Bronx for $9.8 million to Altmark Group on April 28, 2022.
• Altmark Group borrowed $7 million from Dime Community Bank for None, Mott Haven, Bronx on March 04, 2022.
• Altmark Group borrowed $9 million from Lakeland Bank for 517 East 132nd Street, 519 East 132nd Street, and 122 Bruckner Boulevard, Mott Haven, Bronx on February 04, 2022.
Latest Stories:
• 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)
• 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:
Properties: