OceanFirst Bank

(Flushing Preferred Funding, Flushing Bank, Flushing Savings Bank)

Lender

Bank

975 Hooper Ave Toms River, NJ 08753

People:

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OceanFirst Bank NYC portfolio

$3.1 million -condo 100%; Manhattan 100%*

6783th largest portfolio by dollar value

3,330 sqft – condo 100%; Manhattan 100%

7953th largest by SF

38 foreclosures, 8 bankruptcies, 8 other court cases.

Notes

OceanFirst Bank announced in June 2026 the completion of its merger with Flushing Bank, with the combined company branded OceanFirst Bank. Flushing Preferred Funding Corp. was dissolved as of June 30, 2021.

Company Activity past 24 months:

Buyer company: 1 for $3.1 million

Lender company: 44 for $483.1 million

Recent activity as company:

• The borrower borrowed $4.5 million from Flushing Bank for None on July 10, 2026.

Theodore Doukakis borrowed $4.1 million from Flushing Bank for None on July 08, 2026.

Blue Sky Builders borrowed $7 million from Popular Bank for None on July 08, 2026.

• Stanley Wolfson sold 1885 Lexington Avenue, East Harlem, Manhattan for $3.1 million to OceanFirst Bank on June 15, 2026.

Pumas Upholstery borrowed $5 million from OceanFirst Bank for 88-61 76 Avenue on June 05, 2026.

George Sakellaris borrowed $3.3 million from Arion Fund for None on June 03, 2026.

Lazar Muller borrowed $31.8 million from JPMorgan Chase for 23 Cypress Avenue on May 29, 2026.

Namdar Realty Group borrowed $5.8 million from Flushing Bank for None on May 28, 2026.

Michael Aryeh, RoeCo LLC and Yassky Properties borrowed $8.8 million from Flushing Bank for 234 Wadsworth Avenue on May 28, 2026.

David Brecher borrowed $14.4 million from Greystone & Co. for 529 Avenue J on May 12, 2026.

Milstein Properties borrowed $31 million from OceanFirst Bank for 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, 99 Battery Place, and others, Battery Park City, Manhattan on May 07, 2026.

DIB Management borrowed $9 million from OceanFirst Bank for 4123 2 Avenue on April 21, 2026.

Ted Bouzalas Realty borrowed $5 million from Flushing Bank for None on March 31, 2026.

• The borrower borrowed $3.4 million from Flushing Bank for 1712 East 16 Street on March 24, 2026.

ZHL Group borrowed $6.5 million from Derby Copeland Capital for 316 East 77 Street on March 20, 2026.

RockFarmer Properties borrowed $9.8 million from Flushing Bank for 144-30 35 Avenue on March 12, 2026.

Simkho Aranbayev, Gershon Baturov and Aron Baturov borrowed $8.7 million from Peapack Private Bank & Trust for 37-63 83rd Street and 37-63 83rd Street, Jackson Heights, Queens on March 09, 2026.

WM Realty Management borrowed $5.8 million from Flushing Bank for 606 Kings Highway on February 06, 2026.

Juan A. Perez borrowed $7.2 million from OceanFirst Bank for 27 Kosciuszko Street on January 28, 2026.

Allied Realty & Development borrowed $5.2 million from Citizens Bank for None on January 28, 2026.

Latest Stories:

• Zeorya Gritsay pays $6M for office in Bay Ridge (July 31, 2026)

• Global Asset signs contract to sell industrial to kosher bakery in East Williamsburg (July 30, 2026)

• Blue Sky Builders, partner, pay $11M for 85-unit dev site in Gowanus (July 29, 2026)

• Home Tile Center owner pays $5.5M for current location in LIC (July 28, 2026)

• Pumas Upholstery pays $5.4M for industrial in Glendale (July 01, 2026)

• Janet Huang, Judy Mock, Huei Hsiang Wang pay $12.6M Dan Ohebshalom retail in Elmhurst (June 23, 2026)

• Michael Aryeh, RoeCo LLC, Yassky sign $8.8M refi with Flushing Bank for 52-unit rental in Washington Heights (June 15, 2026)

• George Sakellaris pays $4.8M for 70-unit rental in North Corona (June 12, 2026)

• Blue Sky Builders files plans for 85 units in Gowanus (June 02, 2026)

• David Brecher pays $23.5M to Warren Cohen for 119-unit rental in Midwood (May 19, 2026)

Court Records:

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Properties:

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