Chestnut Holdings Of New York
(Chestnut Holdings)
5676 Riverdale Avenue, Suite 307 Bronx, NY 10471
PO Box 1402 Bronx, NY 10471
People:
Chestnut Holdings Of New York NYC portfolio
$1.2 billion -elevator 53%, walkup 41%, retail 2%; Bronx 71%, Manhattan 17%, Brooklyn 9%*
199th largest portfolio by dollar value
7,999,843 sqft – elevator 59%, walkup 38%, office 1%; Bronx 81%, Manhattan 10%, Brooklyn 7%
43th largest by SF
200 properties – Bronx 74%, Manhattan 15%, Brooklyn 10%
21th largest
7,975 residential units – Bronx 79%, Manhattan 10%, Brooklyn 8%
24th largest by residential units
3 foreclosures, 0 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Buyer company: 5 for $23.3 million
Seller company: 2 for $8.3 million
Borrower company: 1 for $7.8 million
Top Ten Associated Companies:
JPMorgan Chase (33), New York Community Bank (9), Signature Bank (6), Capital One (4), Apple Bank for Savings (1), KMR Equity Partners (1), M&T Bank (1), Investors Bank (1), Israel Discount Bank (1), Beltway Capital Management (1)
Top Ten Associated People:
Ursula Flores (7), Jennifer Smith (1), Cynthia Wang (1), Kamran Yaghoubzadeh (1), Jeffrey Znaty (1), Arben Mitaj (1), Zalman Brody (1)
Recent activity as company:
• Milbrook Properties sold 2387 Morris Avenue, Fordham Heights, Bronx for $2.5 million to Chestnut Holdings of New York on May 01, 2026.
• Ronald Gilbert sold 912 Barretto Street for $3.9 million to Chestnut Holdings Of New York on September 30, 2025.
• Chestnut Holdings of New York sold 78 West 162 Street for $5.4 million to Zalman Brody on July 08, 2025.
• Chestnut Holdings of New York borrowed $7.8 million from JPMorgan Chase for 214 East 21 Street on July 03, 2025.
• Elliot Wolbrom sold 202 East 179 Street for $2.9 million to Chestnut Holdings of New York on November 07, 2024.
• Chestnut Holdings of New York sold 1340 Southern Boulevard for $3 million to Arben Mitaj on October 29, 2024.
• Herbert Freedman sold 3075 Bailey Avenue for $4.7 million to Chestnut Holdings of New York on October 02, 2024.
• Scharfman Organization sold 2118 Starling Avenue for $9.3 million to Chestnut Holdings of New York on September 30, 2024.
• Chestnut Holdings of New York borrowed $7.2 million from KMR Equity Partners for 214 East 21 Street on March 05, 2024.
• Daniel Reifer sold 214 East 21 Street for $10.3 million to Chestnut Holdings of New York on March 05, 2024.
Latest Stories:
• Chestnut Holdings pays $3.9M for retail in Longwood (October 10, 2025)
• Zalman Brody pays $5.4M to Chestnut Holdings for 198-unit dev site in Highbridge (July 30, 2025)
• Pre-foreclosure roundup: $15M in Chinatown, Park Slope; $10M in Mott Haven (December 02, 2024)
• Chestnut Holdings pays $2.9M for 35-unit rental in Mt Hope (November 19, 2024)
• Chestnut Holdings pays $4.7M for retail in Kingsbridge Heights (October 11, 2024)
• Chestnut Holdings acquires bankrupt 182-unit rental in Concourse valued at $18M (January 10, 2024)
Court Records:
Properties: