Comunilife
Owner
Nonprofit
462 7th Avenue 3rd Floor New York, NY 10018
People:
Comunilife NYC portfolio
$246.4 million -industrial 46%, elevator 32%, specialty 13%; Bronx 67%, Brooklyn 24%, Queens 7%*
828th largest portfolio by dollar value
188,032 sqft – elevator 49%, specialty 36%, retail 13%; Bronx 61%, Brooklyn 25%, Queens 13%
1632th largest by SF
11 properties – Bronx 54%, Queens 27%, Brooklyn 18%
913th largest
320 residential units – Bronx 72%, Brooklyn 27%
814th largest by residential units
Company Activity past 24 months:
Buyer company: 5 for $19.4 million
Seller company: 1 for $8 million
Borrower company: 3 for $83.8 million
Top Ten Associated Companies:
Webster Bank (2), NYS Housing Finance Agency (1), JPMorgan Chase (1), NYS Homeless Housing and Assistance Corporation (1), Enterprise Community Partners (1), Corporation for Supportive Housing (1), Heritage Affordable Communities (1)
Top Ten Associated People:
K. James Dittbrenner (1), Alexander Hajibay (1)
Recent activity as company:
• San Juan Health Center sold 1070 Southern Boulevard, Longwood, Bronx for $2.3 million to Comunilife on March 12, 2026.
• Comunilife borrowed $15.3 million from Corporation for Supportive Housing for 1070 Southern Boulevard, 1074 Southern Boulevard, 1078 Southern Boulevard, and 1061 West Farms Road, Longwood, Bronx on March 12, 2026.
• Francmen Realty sold 164-04 Jamaica Avenue for $6.8 million to Comunilife on April 09, 2025.
• Francmen Realty sold 164-08 Jamaica Avenue for $4 million to Comunilife on April 09, 2025.
• Francmen Realty sold 164-06 Jamaica Avenue for $2.7 million to Comunilife on April 09, 2025.
• Vaya Development and Comunilife borrowed $17.6 million from Enterprise Community Partners for 164-04 Jamaica Avenue on April 09, 2025.
• Comunilife sold 2136 Crotona Avenue for $8 million to Heritage Affordable Communities on May 08, 2024.
• Comunilife borrowed $51 million from Webster Bank and NYS Homeless Housing and Assistance Corporation for 2450 Tiebout Avenue on May 03, 2024.
• Cooperman Barnabas Medical Center sold 2450 Tiebout Avenue for $3.6 million to Comunilife on May 03, 2024.
• Comunilife for Michael O’Donnell filed plans for new building for 60,079 sqft in Bronx, on August 30, 2023.
Latest Stories:
• Nonprofit Comunilife pays $13.5M to Francmen Realty for likely dev site in Jamaica (May 08, 2025)
• Heritage Affordable Communities pays $8M for three Bronx rentals (May 14, 2024)
Properties:
