Dalan Real Estate
(Dalan Management)
134 W 25th St New York, NY 10001
People:
Dalan Real Estate NYC portfolio
$1.5 billion* – elevator 53%, walkup 18%, condo 16%; Brooklyn 64%, Manhattan 35%
122th largest portfolio by dollar value
1,300,621 sqft – elevator 72%, walkup 19%, mixed-use 4%;
263th largest by SF
44 properties – Manhattan 59%, Brooklyn 40%
155th largest
1,361 residential units – Brooklyn 52%, Manhattan 47%
187th largest by residential units
8 foreclosures, 1 bankruptcy, 2 other court cases.
Company Activity past 24 months:
Buyer company: 3 for $276.6 million
Seller company: 3 for $272.8 million
Borrower company: 6 for $240.7 million
Lender company: 13 for $16.5 million
Top Ten Associated Companies:
Croman Real Estate (11), RWN Real Estate Partners (2), BankUnited (2), Ladder Capital (2), Popular Bank (2), State Street Bank and Trust (1), Bren Salamon (1), Alexander Maroni (1), Sumitomo Mitsui Banking Corporation (1), Atlas Capital Group (1)
Top Ten Associated People:
Steven Croman (11), Anthony McCoy (2), Sean Gonick (1), Todd Schwartz (1), Alex Cabria (1), David Traitel (1), Jeffrey A. Goldberger (1), Andrew B. Cohen (1), Ketan Patel (1), Joseph Brunner (1)
Recent activity as company:
• Marcus Partners and Dalan Real Estate sold 10 East 33rd Street and 12 East 33rd Street, Park Avenue South, Manhattan for $27.5 million to Sangmin Han on March 28, 2025.
• Stephanie Eisenberg and DLJ Real Estate Capital Partners borrowed $18 million from T30 Capital for 72 North 15th Street, N/A North 14th Street, N/A North 14th Street, and N/A North 14th Street, Williamsburg, Brooklyn on April 03, 2025.
• Dalan Real Estate borrowed $13.8 million from RWN Real Estate Partners for 55-59 Delancey Street and 61-63 Delancey Street, Lower East Side, Manhattan on February 27, 2025.
• P. Zaccaro borrowed $76.6 million from Oceanview Life and Annuity Company for 73-75 Sullivan Street, 68-70 Spring Street, 241 Mulberry Street, 1-3 Mott Street, and 218 Lafayette Street, SoHo, Manhattan on November 12, 2024.
• Croman Real Estate borrowed $0 from Dalan Real Estate for 1982 3rd Avenue, 1978 3rd Avenue, and 1980 3rd Avenue, East Harlem, Manhattan on October 29, 2024.
• Croman Real Estate borrowed $0 from Dalan Real Estate for 14 East 72nd Street, Lenox Hill, Manhattan on October 29, 2024.
• Croman Real Estate borrowed $0 from Dalan Real Estate for 2154 2nd Avenue, East Harlem, Manhattan on October 29, 2024.
• Croman Real Estate borrowed $0 from Dalan Real Estate for 420-424 West 51st Street, Hell’s Kitchen, Manhattan on October 29, 2024.
• Croman Real Estate borrowed $0 from Dalan Real Estate for 44 Avenue B, Alphabet City, Manhattan on October 29, 2024.
• Croman Real Estate borrowed $0 from Dalan Real Estate for 326-340 East 100th Street, 151 Rivington Street, and 153 Rivington Street, East Harlem, Manhattan on October 29, 2024.
Latest Stories:
• Hamilton Lane buys RWN stake valued at $62.9M at 5 Dalan walkups in Manhattan (March 10, 2025)
• P. Zaccaro signs $76.6M refi for five properties in Manhattan (January 03, 2025)
• Dalan buys just under $140M in Croman debt, secured by rentals, mansion (December 11, 2024)
• Dalan buys $11.2M note at Bahram Benaresh mixed-use in Tribeca (October 24, 2024)
• Dalan, RWN sign $7.9M loan modification for mixed-use in West Village (October 24, 2024)
• KKR, Dalan pay $235.4M to Jenel for 327-unit rental in Downtown Brooklyn (October 23, 2024)
Court Records:
Properties: