Ciampa Organization
Owner
Private Equity
1129 Northern Blvd Suite 305 Manhasset, NY 11030-3022
136-26 37th Ave, Flushing, NY 11354
People:
Ciampa Organization NYC portfolio
$498.2 million -elevator 70%, industrial 13%, mixed-use 7%; Queens 99%*
448th largest portfolio by dollar value
1,960,724 sqft – elevator 77%, industrial 11%, mixed-use 6%; Queens 100%
252th largest by SF
42 properties – Queens 100%
226th largest
1,615 residential units – Queens 100%
211th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $37.3 million
Seller company: 4 for $72.2 million
Borrower company: 4 for $58.1 million
Top Ten Associated Companies:
Capital One (17), Joseph Ciampa (3), Popular Bank (2), Ciampa Organization (2), New Empire Corp. (1), Lorraine C. Downey (1), Christine Ciampa (1), Rosemary Dowling (1), Apple Bank for Savings (1), Sandra Vaichunas (1)
Top Ten Associated People:
Todd Phillips (5), Joseph Ciampa (2), Mohamed H. Khalil (2), Bentley Zhao (1), Travis Schelhorn (1), Ryan Matthews (1), Douglas C. Blake (1), Cynthia Wang (1), Sandra Vaichunas (1), Kristin Sansone (1)
Recent activity as company:
• Ciampa Organization borrowed $22 million from Capital One for 140-16 34 Avenue on November 19, 2025.
• Ciampa Organization sold 44-30 Douglaston Parkway for $19.3 million to Joseph Ciampa on July 22, 2025.
• Ciampa Organization sold 63-36 98 Place for $18.4 million to Ciampa Organization on July 22, 2025.
• Ciampa Organization borrowed $5.8 million from Capital One for 63-36 98 Place on July 22, 2025.
• Ciampa Organization sold 136-39 37 Avenue for $15.6 million to Joseph Ciampa on July 22, 2025.
• Ciampa Organization sold 31-60 21 Street for $18.9 million to Ciampa Organization, Lorraine C. Downey, Christine Ciampa, Joseph Ciampa and Rosemary Dowling on July 22, 2025.
• Ciampa Organization borrowed $19.8 million from Popular Bank for 41-29 24 Street on June 09, 2025.
• Ciampa Organization borrowed $10.5 million from Morgan Stanley for 89-44 162 Street on May 24, 2024.
• Ciampa Organization borrowed $16.5 million from Popular Bank for 183-03 Hillside Avenue on February 21, 2024.
• Ciampa Organization for Douglas Ciampa filed plans for new building for 5,933 sqft in College Point, Queens, on December 15, 2023.
Latest Stories:
• Ciampa Organization signs $22M refi for 151-unit rental in Flushing (December 16, 2025)
• Joseph Ciampa acquires 90% stake in 67-unit Little Neck rental valued at $19.3M (August 01, 2025)
• Ciampa Organization signs $19.8M refi for 79-unit rental in LIC (June 13, 2025)
• New Empire Corp. signs $54M construction loan for 117-unit LIC development (July 31, 2024)
• Ciampa Organization signs $32M refi for 143-unit elevator rental in LIC (March 24, 2022)
• Ciampa refis $33.2M with Capital One for 255 units in Queens (April 15, 2021)
Court Records:
Properties: