Black Iris Capital
(Iris Holdings Group)
People:
Black Iris Capital NYC portfolio
$296.9 million -elevator 67%, walkup 32%; Queens 71%, Brooklyn 27%*
729th largest portfolio by dollar value
1,739,238 sqft – elevator 71%, walkup 28%; Queens 74%, Brooklyn 24%
297th largest by SF
31 properties – Brooklyn 51%, Queens 45%, Manhattan 3%
323th largest
1,844 residential units – Queens 72%, Brooklyn 25%, Manhattan 1%
182th largest by residential units
Company Activity past 24 months:
Buyer company: 10 for $111 million
Borrower company: 1 for $114.5 million
Top Ten Associated Companies:
MF1 Capital (3), National Equity Fund (2), Greystone & Co. (1), KeyBank (1)
Top Ten Associated People:
Michael Rogers (1)
Recent activity as company:
• LeFrak sold 63-60 98 Street for $18.9 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 65-44 Saunders Street for $14.4 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 64-20 Saunders Street for $21.9 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 97-51 65 Road for $14.4 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 95-01 65 Road for $8.1 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 123-30 83 Avenue for $7.4 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 67-15 Dartmouth Street for $5.5 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 134-20 87 Avenue for $9 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 84-20 Austin Street for $9.9 million to Iris Holdings Group on October 31, 2025.
• Iris Holdings Group borrowed $114.5 million from Greystone & Co. for 64-20 Saunders Street on October 31, 2025.
• Sutton Equity sold 446 East 26 Street for $1.6 million to Black Iris Capital on April 03, 2025.
• LeFrak sold 44-35 Colden Street for $10 million to Iris Holdings Group on June 25, 2024.
• LeFrak sold 44-15 Colden Street for $19.5 million to Iris Holdings Group on June 25, 2024.
• LeFrak sold 137-20 45 Avenue for $21.1 million to Iris Holdings Group on June 25, 2024.
• Iris Holdings Group borrowed $75 million from National Equity Fund for 45-15 Colden Street on June 25, 2024.
• LeFrak sold 45-15 Colden Street for $20.9 million to Iris Holdings Group on June 25, 2024.
• Iris Holdings Group borrowed $12.5 million from National Equity Fund for 189 Jefferson Avenue on May 31, 2023.
• Iris Holdings Group borrowed $72.7 million from MF1 Capital for 4701 9 Avenue on November 09, 2021.
• Iris Holdings Group borrowed $27.5 million from MF1 Capital for 5009 10 Avenue on November 09, 2021.
• Iris Holdings Group borrowed $19.8 million from MF1 Capital for 4701 9 Avenue on November 09, 2021.
Latest Stories:
• Iris Holdings signs $11.7M refi with KeyBank for five Bed-Stuy rentals (July 08, 2021)
• Iris Holdings obtained financing of $11M from METROPOLITAN COMMERCIAL BANK (July 16, 2019)
Properties: