Apex Development Group

45 N. Station Plaza, Suite 401 Great Neck, NY 11021

People:

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Apex Development Group NYC portfolio

$50.4 million -development 88%, industrial 11%; Queens 84%, Bronx 11%, Brooklyn 3%*

2267th largest portfolio by dollar value

9,700 sqft – industrial 100%; Bronx 100%

6264th largest by SF

3 properties – Bronx 33%, Brooklyn 33%, Queens 33%

2858th largest

Company Activity past 24 months:

Buyer company: 2 for $7.8 million

Top Ten Associated Companies:

Enterprise Community Partners (1), Low Income Investment Fund (1), (1)

Recent activity as company:

• Steven Kornspun sold 1780 East Tremont Avenue, Parkchester, Bronx for $5.9 million to Apex Development Group and Knickpoint Ventures on June 17, 2026.

• APEX Development Group for Chris Karalis filed plans for new building for 60,485 sqft in Parkchester, Bronx, on March 16, 2026.

• Madison Square Boys & Girls Club sold 58 Woods Place for $1.9 million to Apex Development Group and Knickpoint Ventures on February 11, 2025.

• Apex Development Group, Knickpoint Ventures and Forte Preparatory Academy borrowed $32 million from Enterprise Community Partners and Low Income Investment Fund for 78-02 Queens Boulevard on June 07, 2024.

• Surjeet Kaur sold 78-02 Queens Boulevard for $8 million to Apex Development Group and Knickpoint Ventures on June 07, 2024.

Properties:

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