City Urban Realty

City Urban Realty portfolio

$19 million* – walkup 60%, elevator 19%; Manhattan 64%, Brooklyn 35%

1808th largest portfolio by dollar value

71,325 sqft – walkup 66%, mixed-use 18%;

2352th largest by SF

9 properties – Brooklyn 55%, Manhattan 44%

953th largest

87 residential units – Manhattan 54%, Brooklyn 45%

1560th largest by residential units

9 foreclosures, 2 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 3 for $17.6 million

Seller company: 1 for $6.2 million

Borrower company: 3 for $19.8 million

Top Ten Associated Companies:

Zdzislaw Czerny (3), Calmwater Capital (2), Northeast Bank (2), Signature Bank (2), Ariel Zablozki (1), Adrian David Marantz (1), Antonio Sosa (1), Yitzchok Schwartz (1), Dai Park (1), Bankwell Bank (1)

Top Ten Associated People:

Michael Alvandi (2), Ariel Zablozki (1), Dagan LaCorte (1), Antonio Sosa (1), Dean Chang (1), Yitzchok Schwartz (1), Jason S. Park (1), Brian R. Doherty (1), 0 (1), Brian Doherty (1)

Recent activity as company:

City Urban Realty borrowed $5.9 million from Northeast Bank for 421 East 12th Street and 511 East 6th Street, East Village, Manhattan on December 27, 2024.

• Zdzislaw Czerny sold 511 East 6th Street, Alphabet City, Manhattan for $3.4 million to City Urban Realty on December 27, 2024.

• Zdzislaw Czerny sold 421 East 12th Street, East Village, Manhattan for $6 million to City Urban Realty on December 27, 2024.

City Urban Realty sold 385 Vernon Avenue, Bedford Stuyvesant, Brooklyn for $6.2 million to Yitzchok Schwartz on July 29, 2024.

City Urban Realty borrowed $7.5 million from Northeast Bank for 107 North 6th Street, Williamsburg, Brooklyn on February 02, 2024.

City Urban Realty borrowed $6.4 million from Bankwell Bank for 143 Berry Street, Williamsburg, Brooklyn on November 14, 2023.

Dai Park sold 143 Berry Street, Williamsburg, Brooklyn for $8.2 million to City Urban Realty on November 14, 2023.

Juan Lopez borrowed $0 from company for 701 Fulton Street, 451 Classon Avenue, 173 Lexington Avenue, and 703 Fulton Street, Fort Greene, Brooklyn on June 30, 2023.

City Urban Realty borrowed $9.7 million from Calmwater Capital for 95 North 6th Street, Williamsburg, Brooklyn on October 25, 2022.

Antonio Sosa sold 95 North 6th Street, Williamsburg, Brooklyn for $5.3 million to City Urban Realty on October 11, 2022.

Latest Stories:

• Fort Greene, Bed Stuy properties in bankruptcy sell through $14.2M transfer (January 03, 2025)

• Namdar Realty buys $3M in notes secured by two Sassouni East Village rentals (September 27, 2024)

• Yitzchok Schwartz pays $6.2M to City Urban Realty for 16-unit walkup in Bedford Stuyvesant (July 30, 2024)

• $17.7M bankruptcy filed for two East Village rentals (February 22, 2024)

• Holiday Inn Club pays $30.3M to Timeshare Acquisitions for portion of hotel in Midtown East (January 30, 2024)

• City Urban Realty pays $8.2M for mixed-use in Williamsburg (November 15, 2023)

• Unknown buyer acquires $7.7M note on Brooklyn properties in foreclosure (July 03, 2023)

• $26M retail bankruptcy in Williamsburg (April 04, 2023)

• Timeshare Acquisitions signs $42M rehab loan for Roger Smith Hotel in Midtown East (November 23, 2022)

• City Urban Realty signs $9.7M construction loan with Calmwater Capital for retail in Williamsburg (October 26, 2022)

Court Records:

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Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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