City Skyline Realty

507 W 139th St Ste A. New York, NY 10031

People:

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City Skyline Realty NYC portfolio

$241.4 million -walkup 74%, elevator 25%; Manhattan 75%, Bronx 24%*

844th largest portfolio by dollar value

1,029,163 sqft – walkup 71%, elevator 28%; Manhattan 62%, Bronx 37%

472th largest by SF

43 properties – Manhattan 79%, Bronx 20%

217th largest

1,220 residential units – Manhattan 65%, Bronx 34%

277th largest by residential units

40 foreclosures, 0 bankruptcies, 0 other court cases.

Company Activity past 24 months:

Seller company: 4 for $8.4 million

Borrower company: 1 for $0

Top Ten Associated People:

Timothy P. Sheehan (2), Oscar Puerta (1), Rodney G. Roe (1), Dave Ellingrud (1), Konstantinos Venetsanakos (1)

Recent activity as company:

City Skyline Realty sold 53 Hamilton Place for $2.2 million to Fannie Mae on January 02, 2026.

City Skyline Realty sold 26 Macombs Place for $750,000 to Midwest Financial on October 15, 2025.

City Skyline Realty sold 2710 Morris Avenue for $1,000,000 to Allegiance Financial Group and Midwest Financial on June 09, 2025.

City Skyline Realty sold 2707 Morris Avenue for $4.5 million to Oscar Puerta on April 01, 2025.

Allegiance Financial Group on June 28, 2024 bought a loan with an original principal of $8.1 million from Peapack-Gladstone Bank, signed by John O’Gorman, secured by 26 Macombs Place, when owned by City Skyline Realty.

Barberry Rose Management Company sold 713 West 180 Street for $2.9 million to City Skyline Realty on September 09, 2022.

East Coast Holdings sold 324 East 126 Street for $7.5 million to City Skyline Realty on August 08, 2022.

City Skyline Realty borrowed $5.7 million from Signature Bank for 324 East 126 Street on August 08, 2022.

Maurice Kavanagh sold 864 East 149 Street for $6.4 million to City Skyline Realty on July 26, 2022.

John D. Balian sold 514 West 151 Street for $6.1 million to City Skyline Realty on February 04, 2022.

Latest Stories:

• KeyBank files 9 pre-foreclosure cases totaling $55.5 million at City Skyline rentals (September 24, 2025)

• City Skyline loses 61-unit Fordham Manor rental to lender after $10M loan foreclosed (June 24, 2025)

• Oscar Puerta pays $4.5M for two walkups in Fordham Manor in foreclosure (April 11, 2025)

• Fannie Mae files $72.3M pre-foreclosure against 11 NYC rentals (October 31, 2023)

• $26M in pre-foreclosure filings at City Skyline Realty rentals in Harlem (September 05, 2023)

• Peapack-Gladstone files $8M pre-foreclosure against City Skyline, second this month (June 19, 2023)

• $10M pre-foreclosure filed at 61-unit rental in Fordham Manor (June 12, 2023)

• City Skyline pays $7.5M to East Coast Holdings for three walkups in East Harlem (August 15, 2022)

• City Skyline Realty pays $6.4M for 43-unit rental in Mott Haven (August 09, 2022)

• City Skyline pays $6M to Castellan Real Estate for 35-unit walkup in East Harlem (February 21, 2022)

Court Records:

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Properties:

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