Baron Property Group

People:

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Baron Property Group NYC portfolio

$56.3 million* – industrial 96%, development 3%; Manhattan 87%, Queens 12%

1698th largest portfolio by dollar value

4 properties – Queens 75%, Manhattan 25%

1867th largest

71 residential units – Manhattan 100%, Bronx 0%

1763th largest by residential units

Company Activity past 24 months:

Seller company: 1 for $47 million

Top Ten Associated Companies:

LargaVista Companies (1), Kriss Capital (1), ZD Jasper Realty (1)

Top Ten Associated People:

Marcello Porcelli (1), Zhidong Wu (1)

Recent activity as company:

• Quadrum Global, Baron Property Group and Simon Development sold 45-40 Vernon Boulevard and 45-28 Vernon Boulevard, Long Island City, Queens for $47 million to ZD Jasper Realty on May 06, 2024.

• Baron Property Group borrowed $37 million from Kriss Capital for 4560 Broadway, Washington Heights, Manhattan on December 05, 2022.

• LargaVista Companies sold 4560 Broadway, Washington Heights, Manhattan for $15 million to Baron Property Group on November 28, 2022.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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