Geel Community Services

People:

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Geel Community Services NYC portfolio

$61.3 million* – D6 83.0%, N2 16.0%; Bronx 100.0%, Manhattan 0.0%

1597th largest portfolio by dollar value

14,960 sqft – N2 74%, D6 25%;

4664th largest by SF

2 properties – Bronx 100%, Manhattan 0%

3069th largest

31 residential units – Bronx 100%, Manhattan 0%

2694th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $7.6 million

Recent activity as company:

• Geel Community Services borrowed $7.6 million from Enterprise Community Partners and NYS Homeless Housing and Assistance Corporation for 706 Union Avenue, Longwood, Bronx on July 15, 2024.

• Geel Community Services borrowed $38.5 million from Merchants Bank of Indiana for N/A Webster Avenue, Norwood, Bronx on July 01, 2022.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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