ECR Realty Corp

(ECR Realty Corp.)

ECR Realty Corp portfolio

$17.9 million* – specialty 91%, mixed-use 8%; Queens 91%, Manhattan 8%

1872th largest portfolio by dollar value

58,776 sqft – specialty 82%, mixed-use 17%;

2630th largest by SF

2 properties – Manhattan 50%, Queens 50%

3091th largest

5 residential units – Manhattan 100%, Bronx 0%

5353th largest by residential units

Top Ten Associated Companies:

MNM Properties (1), Signature Bank (1)

Top Ten Associated People:

Mitchell Banchik (1), Aaron Green (1)

Recent activity as company:

Nuchem Obstfeld borrowed $10.2 million from Signature Bank for 740 Grand Street, Williamsburg, Brooklyn on January 31, 2022.

ECR Realty Corp. borrowed $12.2 million from Signature Bank for 108-22 Queens Boulevard, Forest Hills, Queens on November 16, 2021.

MNM Properties sold 124 Chambers Street, Tribeca, Manhattan for $3.7 million to ECR Realty Corp. on November 27, 2020.

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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