EMP Capital Group
433 Broadway, 2nd Floor New York, NY 10013
People:
EMP Capital Group NYC portfolio
$361.6 million* – industrial 54.0%, mixed-use 40.0%; Brooklyn 94.0%, Manhattan 5.0%
468th largest portfolio by dollar value
64,724 sqft – industrial 50%, elevator 28%;
2474th largest by SF
7 properties – Brooklyn 85%, Manhattan 14%
1137th largest
502 residential units – Brooklyn 98%, Manhattan 1%
415th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $29.2 million
Borrower company: 4 for $261.5 million
Developer (new building or major alteration): 1 for 26,890 square feet
Top Ten Associated Companies:
QuadReal Property Group (2), Cheung Ming Lee (1), Yoel Teitelbaum (1), Nikolaos Nikolaidis (1), Investment Property Exchange Services (1), Ready Capital (1), Dime Community Bank (1), OakNorth Bank (1), Iqbal Hussain (1), Joseph Danzger (1)
Top Ten Associated People:
Paul Stern (2), Cheung Ming Lee (1), Nikolaos Nikolaidis (1), Melissa Perez (1), Robert Pearce (1), Iqbal Hussain (1), Joseph Danzger (1), Lisa Schiff (1)
Recent activity as company:
• Iqbal Hussain sold 1001 Pacific Street, Crown Heights, Brooklyn for $3.6 million to EMP Capital Group on February 26, 2025.
• EMP Capital Group borrowed $110 million from QuadReal Property Group for 870-888 Atlantic Avenue, Prospect Heights, Brooklyn on May 13, 2024.
• EMP Capital Group borrowed $35 million from OakNorth Bank for 985 Pacific Street, Crown Heights, Brooklyn on January 30, 2024.
• EMP Capital Group borrowed $109 million from QuadReal Property Group for 1035 Pacific Street and 1034-1042 Atlantic Avenue, Crown Heights, Brooklyn on January 10, 2024.
• EMP Capital Group borrowed $7.5 million from Investment Property Exchange Services for 870-878 Atlantic Avenue and 888 Atlantic Avenue, Prospect Heights, Brooklyn on November 22, 2023.
• Yoel Teitelbaum and Nikolaos Nikolaidis sold 870-878 Atlantic Avenue and 888 Atlantic Avenue, Prospect Heights, Brooklyn for $25.6 million to EMP Capital Group on November 22, 2023.
• EMP Capital Group for Elie Pariente filed plans for new building for 26,890 sqft in Crown Heights, Brooklyn, on May 17, 2023.
• EMP Capital Group borrowed $21.5 million from Dime Community Bank for 985 Pacific Street, Crown Heights, Brooklyn on April 18, 2022.
• EMP Capital Group for Elie Pariente filed plans for new building for 213,850 sqft in Crown Heights, Brooklyn, on April 14, 2022.
• Cheung Ming Lee sold 1035 Pacific Street and 1034-1042 Atlantic Avenue, Crown Heights, Brooklyn for $14 million to EMP Capital Group on April 12, 2022.
Latest Stories:
• EMP Capital Group pays $3.6M for dev site in Crown Heights (February 27, 2025)
• EMP Capital Group files plans for 69-unit mixed-use building in Crown Heights (December 04, 2020)
Properties: