Broadway Stages
203 Meserole Avenue, Brooklyn, NY 11222
People:
Broadway Stages NYC portfolio
$707.6 million -industrial 50%, specialty 26%, walkup 8%; Brooklyn 51%, Queens 46%, Manhattan 1%*
325th largest portfolio by dollar value
3,180,436 sqft – industrial 56%, specialty 27%, walkup 6%; Brooklyn 50%, Queens 48%, Manhattan 1%
145th largest by SF
111 properties – Queens 54%, Brooklyn 42%, Manhattan 2%
54th largest
332 residential units – Queens 61%, Manhattan 19%, Brooklyn 18%
790th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $4 million
Borrower company: 1 for $12 million
Top Ten Associated Companies:
Investors Bank (3), TD Bank (2), BankUnited (2), First Republic Bank (2), Lakeland Bank (1)
Top Ten Associated People:
Salvatore Guercio (2), Daniel R. Mills (2), Alan J. Perlowitz (1)
Recent activity as company:
• Broadway Stages borrowed $12 million from BankUnited for 538 Kingsland Avenue on June 28, 2024.
• Petrakis Realty Group sold 33-67 Crescent Street for $4 million to Broadway Stages on February 13, 2024.
• Broadway Stages borrowed $7.5 million from BankUnited for 1019 Irving Avenue on December 01, 2023.
• Broadway Stages borrowed $7 million from First Republic Bank for 1313 Grand Street on March 31, 2023.
• Broadway Stages borrowed $22.5 million from TD Bank for 381 Kingsland Avenue on March 29, 2023.
• Broadway Stages borrowed $21 million from TD Bank for 51-12 21 Street on March 29, 2023.
• Lai Cheung Yam sold 263 Monitor Street for $3.6 million to Broadway Stages on August 22, 2022.
• Broadway Stages borrowed $40 million from First Republic Bank for 584 East 108 Street on July 08, 2022.
• Mark Klich sold 274 Meserole Avenue for $3.5 million to Broadway Stages on June 14, 2022.
• Broadway Stages borrowed $9 million from Lakeland Bank for 180 Diamond Street on December 22, 2020.
Latest Stories:
• Gina Argento of Broadway Stages pays $4M for mixed-use in Astoria (February 27, 2024)
• Broadway Stages pays $3.6M for industrial in Greenpoint (September 09, 2022)
• Broadway Stages increases debt to $40M for industrial in Canarsie, up from $11.25M (July 14, 2022)
• Broadway Stages refis $25M with Investors Bank for warehouse space in Queens (April 21, 2021)
Properties: