Atlantis Development
1602 Hering Avenue Bronx NY 10461
2068 Tenbroeck Ave Bronx, NY 10461
1933 Pilgrim Ave Bronx, NY 10461
People:
Atlantis Development NYC portfolio
$85 million -development 86%, industrial 11%, V0 1%; Bronx 97%, Queens 2%*
1673th largest portfolio by dollar value
12,070 sqft – industrial 100%; Bronx 79%, Queens 20%
5898th largest by SF
10 properties – Bronx 70%, Queens 30%
1074th largest
162 residential units – Bronx 100%
1342th largest by residential units
Company Activity past 24 months:
Buyer company: 4 for $14.5 million
Seller company: 2 for $9.8 million
Borrower company: 2 for $40.8 million
Developer (new building or major alteration): 2 for 125,202 square feet
Top Ten Associated Companies:
UBS (2), Northeast Community Bank (2), St. Joseph’s Medical Center (1), Zachary Haring (1), Samuel Klein (1), 33 Equities (1), Chaim Schwartz (1), NorthEast Community Bank (1), Moishe Herman (1)
Top Ten Associated People:
Raymond L. Francis (2), Racquel Small (1), Nicholas Martin (1), Michael J. Spicer (1), Zachary Haring (1), Samuel Klein (1), Zachary Hering (1), Chaim Schwartz (1), Moishe Herman (1)
Recent activity as company:
• Atlantis Development sold 1222 Southern Boulevard for $4.8 million to St. Joseph’s Medical Center on June 24, 2026.
• Atlantis Development borrowed $22.8 million from NorthEast Community Bank for 1916 Longfellow Avenue on March 24, 2026.
• Cojam Construction sold None for $2.9 million to Atlantis Development on February 26, 2026.
• Children’s Aid sold 1222 Southern Boulevard for $3.9 million to Atlantis Development on October 27, 2025.
• Atlantis Development for Robert Lumaj filed plans for new building for 67,000 sqft in East Morrisania, Bronx, on April 27, 2025.
• Atlantis Development for Robert Lumaj filed plans for new building for 58,202 sqft in East Morrisania, Bronx, on April 24, 2025.
• Dykes Lumber Co. sold 1775 West Farms Road for $4.2 million to Atlantis Development on December 11, 2024.
• BNS Real Estate sold 1779 West Farms Road for $3.6 million to Atlantis Development on December 11, 2024.
• Atlantis Development sold 596 East 170 Street for $5 million to Moishe Herman on July 16, 2024.
• Atlantis Development borrowed $18 million from UBS for 2001 Creston Avenue on July 12, 2024.
Latest Stories:
• Robert Lumaj of Atlantis Development pays $2.9M for dev site in Astoria (March 04, 2026)
• Moishe Herman pays $5M to Atlantis Development for 20-unit walkup in Morrisania (August 07, 2024)
• Atlantis Development signs $18M refi with UBS for 49-unit rental in Mt Hope (July 24, 2024)
• Atlantis Development signs $14.8M refi with UBS for 44-unit rental in Wakefield (April 22, 2024)
• Zachary Haring pays $8.3M to Atlantis Development for development in Wakefield (August 29, 2022)
• 33 Equities pays $19.8M to Atlantis Development for 61-unit rental in Mt Hope (July 01, 2022)
Properties: