Benedict Realty Group
711 Stewart Ave # 100 Garden City, NY 11530
People:
Benedict Realty Group NYC portfolio
$420.1 million -elevator 74%, walkup 25%; Queens 71%, Brooklyn 19%, Manhattan 4%*
523th largest portfolio by dollar value
2,329,416 sqft – elevator 80%, walkup 19%; Queens 72%, Brooklyn 19%, Bronx 7%
206th largest by SF
47 properties – Queens 68%, Brooklyn 19%, Manhattan 8%
197th largest
2,648 residential units – Queens 75%, Brooklyn 16%, Bronx 5%
118th largest by residential units
Company Activity past 24 months:
Buyer company: 4 for $55.8 million
Borrower company: 4 for $40.8 million
Top Ten Associated Companies:
New York Community Bank (14), CBRE (3), Signature Bank (1), Santander Bank (1), Alf Naman Real Estate (1), Capital One (1), JPMorgan Chase (1)
Top Ten Associated People:
Kindell Meyer (3), John Feijoo (1), William G. Krejci (1), Alf Naman (1), Ursula Flores (1)
Recent activity as company:
• Urban American Management sold 517 West 168 Street for $9.2 million to Seastone Capital, Benedict Realty Group and Aaron Jungreis on February 12, 2026.
• Benedict Realty Group borrowed $5.9 million from JPMorgan Chase for 4570 Manhattan College Parkway on October 30, 2024.
• Algin Management sold 94-02 56 Avenue for $15 million to Benedict Realty Group on October 23, 2024.
• Algin Management sold 34-44 77 Street for $13.5 million to Benedict Realty Group on October 23, 2024.
• Algin Management sold 40-40 79 Street for $18 million to Benedict Realty Group on October 23, 2024.
• Benedict Realty Group borrowed $10.1 million from CBRE for 34-44 77 Street on October 23, 2024.
• Benedict Realty Group borrowed $13.5 million from CBRE for 40-40 79 Street on October 23, 2024.
• Benedict Realty Group borrowed $11.2 million from CBRE for 94-02 56 Avenue on October 23, 2024.
• Benedict Realty Group borrowed $9.5 million from Santander Bank for 74-15 35 Avenue on August 31, 2022.
• Benedict Realty Group sold 742 Greenwich Street for $64.2 million to Alf Naman Real Estate on May 13, 2022.
Latest Stories:
• Alf Naman signs $24.6M refi for industrial in West Village (December 09, 2024)
• Benedict Realty Group pays $33M to Algin Management for rentals in Elmhurst (November 04, 2024)
• Alf Naman submits 8-unit condo plan at site bought for $64.2M in May (November 21, 2022)
• Alf Naman Real Estate pays $64.2M for industrial in West Village (May 24, 2022)
• Benedict Realty Group pays $3.7M to Mann Group for rental in Bed Stuy (October 29, 2021)
• Benedict Realty Group pays $9.7M to Maria Baciu for rental in Woodside (September 10, 2021)
Properties: