Atlantis Development
1602 Hering Avenue Bronx NY 10461
2068 Tenbroeck Ave Bronx, NY 10461
People:
Atlantis Development NYC portfolio
$87 million -development 87%, industrial 11%; Bronx 97%, Queens 2%*
1631th largest portfolio by dollar value
12,070 sqft – industrial 100%; Bronx 79%, Queens 20%
5821th largest by SF
13 properties – Bronx 76%, Queens 23%
815th largest
93 residential units – Bronx 100%
1881th largest by residential units
Company Activity past 24 months:
Buyer company: 4 for $14.5 million
Seller company: 2 for $7.1 million
Borrower company: 3 for $55.6 million
Developer (new building or major alteration): 2 for 125,202 square feet
Top Ten Associated Companies:
Northeast Community Bank (2), UBS (2), Samuel Klein (1), Zachary Haring (1), 33 Equities (1), Chaim Schwartz (1), Moishe Herman (1), NorthEast Community Bank (1)
Top Ten Associated People:
Raymond L. Francis (2), Samuel Klein (1), Zachary Haring (1), Zachary Hering (1), Chaim Schwartz (1), Moishe Herman (1), Racquel Small (1), Nicholas Martin (1)
Recent activity as company:
• 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.
• Atlantis Development sold 1232 Fulton Avenue for $2.1 million to Samuel Klein on June 11, 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:
