Cape Advisors
People:
Cape Advisors NYC portfolio
$195.3 million -elevator 52%, office 45%, walkup 2%; Queens 52%, Manhattan 47%*
1092th largest portfolio by dollar value
459,524 sqft – elevator 81%, office 17%; Queens 81%, Manhattan 18%
959th largest by SF
6 properties – Manhattan 50%, Queens 50%
1770th largest
562 residential units – Queens 99%
610th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $30.7 million
Seller company: 1 for $2.8 million
Developer (new building or major alteration): 1 for 50,928 square feet
Top Ten Associated Companies:
AIG (1), Blackstone Group (1), KPG Funds (1), UBS Realty Investors (1), Iyad Hamsho (1), Morgan Stanley (1)
Top Ten Associated People:
Kevin Pivnick (1), Gregory Kraut (1), Iyad Hamsho (1), Cynthia Eckes (1)
Recent activity as company:
• Harran Holding ground leased 434 Avenue Of The Americas, Greenwich Village, Manhattan valued at $30.7 million to Cape Advisors on July 15, 2026.
• Cape Advisors sold 30 Warren Street and 30 Warren Street, Financial District, Manhattan for $2.8 million to Iyad Hamsho on June 16, 2026.
• Cottonwood Communities sold 11-12 30 Drive for $51.9 million to Cape Advisors on July 29, 2024.
• Cape Advisors borrowed $212 million from AIG and Blackstone Group for 30-88 12 Street on December 14, 2022.
• Pioneer Group sold 30-88 12 Street for $155.3 million to Cape Advisors on April 14, 2022.
• Cape Advisors for David Kronman filed plans for new building for 75,780 sqft in Astoria, Queens, on January 13, 2022.
• Cape Advisors for David Kronman filed plans for new building for 132,099 sqft in Astoria, Queens, on January 13, 2022.
• Cape Advisors for David Kronman filed plans for new building for 126,689 sqft in Astoria, Queens, on January 13, 2022.
• Cape Advisors for David Kronman filed plans for new building for 313,563 sqft in Astoria, Queens, on January 13, 2022.
• Cape Advisors borrowed $43.5 million from Morgan Stanley for 7 Crosby Street on November 24, 2021.
Latest Stories:
• Iyad Hamsho pays $2.8M to Cape Advisors for two retail condos in FiDi (July 07, 2026)
• KPG Funds sells retail condo in Tribeca for $3.8M (February 13, 2026)
• Cape Advisors buys 12% stake from partner Cottonwood at 3 Astoria rentals (July 31, 2024)
• KPG Funds signs $9M refi with Ready Capital for retail in Tribeca (May 17, 2023)
• Greg Kraut’;s KPG Funds pays $12M to Cape Advisors for retail condo in Tribeca (January 21, 2021)
Properties:
