Clipper Realty

Clipper Realty NYC portfolio

$35.2 million -industrial 81%, development 10%, retail 7%; Brooklyn 100%*

2581th largest portfolio by dollar value

6,285 sqft – industrial 65%, retail 34%; Brooklyn 100%

6762th largest by SF

4 properties – Brooklyn 100%

2248th largest

1 foreclosure, 0 bankruptcies, 0 other court cases.

Top Ten Associated Companies:

Bank Leumi (2), Valley National Bank (1), AIG (1)

Recent activity as company:

Clipper Realty borrowed $7 million from Valley National Bank for 967 Dean Street on April 14, 2022.

David Chin sold 951 Dean Street, Crown Heights, Brooklyn for $2.8 million to Clipper Realty on April 14, 2022.

Clipper Realty borrowed $30 million from Bank Leumi for None on December 22, 2021.

Clipper Realty borrowed $18 million from Bank Leumi for 101 Bruckner Boulevard on October 12, 2021.

Clipper Realty borrowed $52.5 million from AIG for 1008 Pacific Street on August 10, 2021.

Latest Stories:

• Clipper Equity signs $84.5M refi for 175-unit rental in Crown Heights (October 29, 2025)

• Clipper Equity signs $115M refi for 240-unit rental in Crown Heights (May 07, 2025)

• $100M pre-foreclosure filed at Clipper Equity’s Brooklyn court building, Clipper disputes default (March 24, 2025)

• Clipper Equity signs $20M loan for newly completed rental in Crown Heights (September 25, 2023)

• Clipper Equity signs $123M new construction loan for 234-unit project in Crown Heights (August 21, 2023)

• Clipper Equity adds to Crown Heights assemblage, obtains $30M loan (January 13, 2022)

• Clipper Equity pays $26M for industrial in Crown Heights (January 05, 2022)

• Empire State Realty buys two rentals with 625 units from Fetner for $307M (January 05, 2022)

• Clipper Realty signs $52.5M construction loan with AIG for development site in Crown Heights (August 17, 2021)

• Clipper Equity ups debt by $26M to $100M from Citigroup for office property in Downtown Brooklyn (March 04, 2021)

Court Records:

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Properties:

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