Cedar Park Capital
(Cedar Park Capital Management, Cedar Park Capital Partners, UG Real Estate Partners)
Owner
Private Equity
65 E. 55th Street 31st floor New York NY 10022
People:
Cedar Park Capital NYC portfolio
$57.6 million -walkup 47%, elevator 45%, mixed-use 6%; Brooklyn 54%, Queens 45%*
2073th largest portfolio by dollar value
195,419 sqft – elevator 68%, walkup 26%, mixed-use 5%; Queens 68%, Brooklyn 31%
1588th largest by SF
10 properties – Brooklyn 90%, Queens 10%
1050th largest
177 residential units – Queens 63%, Brooklyn 36%
1237th largest by residential units
Notes
SEC filing: UG Real Estate Partners LLC is a sponsor of real estate funds and forms a separate managing member entity for each investment.
Company Activity past 24 months:
Buyer company: 9 for $53.9 million
Borrower company: 2 for $34.9 million
Top Ten Associated Companies:
Citizens Bank (2)
Top Ten Associated People:
Garrett Sokoloff (2)
Recent activity as company:
• Sheldon Hoffman sold 68-64 Yellowstone Boulevard for $26.5 million to Cedar Park Capital on January 29, 2026.
• Black Spruce Management sold 657 Meeker Avenue for $4.3 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 669 Meeker Avenue for $4 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 3 Sutton Street for $3.4 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 5 Sutton Street for $3.3 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 164 Kingsland Avenue for $3.2 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 170 Kingsland Avenue for $3.2 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 665 Meeker Avenue for $3 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 661 Meeker Avenue for $2.9 million to Cedar Park Capital on April 15, 2025.
• Cedar Park Capital borrowed $17.7 million from Citizens Bank for 673 Meeker Avenue on April 15, 2025.
Latest Stories:
• Cedar Park pays $27.4M to Black Spruce for 8-building Greenpoint porfolio (April 29, 2025)
• Widow of Black Spruce Management co-founder battles company’s top executive (January 01, 2024)
Properties:
