Global Asset Properties

(Global Asset Management)

122 E. 42nd Street Suite 2405 New York, NY 10168

globalassetus.com

People:

To see the 1 person from this company you need a Professional level subscription

Subscribe ($125/month)

Global Asset Properties NYC portfolio

$89.3 million -condo 77%, retail 16%, industrial 6%; Manhattan 83%, Bronx 16%*

1638th largest portfolio by dollar value

59,376 sqft – condo 78%, retail 21%; Manhattan 78%, Bronx 21%

3197th largest by SF

8 properties – Manhattan 91%, Bronx 8%

1346th largest

Notes

Website: Global Asset Properties is a family owned and operated real estate investment, development and management firm based in New York City. Since its inception in 1982, Global Asset Properties has strategically developed a diversified portfolio of assets in Manhattan, Brooklyn, Queens and the Bronx.

Company Activity past 24 months:

Buyer company: 6 for $70.3 million

Seller company: 5 for $40.3 million

Borrower company: 9 for $73.3 million

Top Ten Associated Companies:

Citibank (2), Columbia Capital (2), Haussmann Development (1), Morgan Stanley (1), Pacific National Bank (1), Jason Wang (1), Shlomo Karpen (1), Norman Strulovitch (1), Anshel Fridman (1), Bardhok Kodra (1)

Top Ten Associated People:

Tracey Spiritus (2), Kristin Sansone (1), Jason Wang (1), Shlomo Karpen (1), Bardhok Kodra (1), Bernard Shafran (1), Bing Luh (1), John Olsen (1)

Recent activity as company:

• Global Asset Properties borrowed $4.1 million from Columbia Capital for None on August 06, 2026.

• HUBB NYC sold 325 5th Avenue, Park Avenue South, Manhattan for $17 million to Global Asset Properties on June 30, 2026.

• Global Asset Properties borrowed $17.2 million from Morgan Stanley for 325 5th Avenue, Park Avenue South, Manhattan on June 30, 2026.

• Global Asset Properties sold 251 Meserole Street for $0 to Franczoz Bakery on June 08, 2026.

• Global Asset Properties sold 94 8 Avenue for $3.9 million to Jason Wang on March 26, 2026.

• Global Asset Properties borrowed $7.6 million from ARC Pe for 172 Madison Avenue and 172 Madison Avenue, Park Avenue South, Manhattan on March 10, 2026.

• Tessler Developments sold 172 Madison Avenue and 172 Madison Avenue, Park Avenue South, Manhattan for $10.1 million to Global Asset Properties on March 10, 2026.

• Global Asset Properties borrowed $3.9 million from ConnectOne Bank for None on January 28, 2026.

• Global Asset Properties borrowed $10.8 million from Citibank for 485 7th Avenue, 485 7th Avenue, 40 Rector St, and 40 Rector St, Garment District, Manhattan on January 16, 2026.

• HUBB NYC sold 350 West 42nd Street and 350 West 42nd Street, Hell’s Kitchen, Manhattan for $5.8 million to Global Asset Properties on December 19, 2025.

• Global Asset Properties borrowed $3.5 million from Pacific National Bank for 350 West 42nd Street and 350 West 42nd Street, Hell’s Kitchen, Manhattan on December 19, 2025.

• Lightstone Group sold 485 7th Avenue and 485 7th Avenue, Garment District, Manhattan for $7.7 million to Global Asset Properties on October 31, 2025.

• Global Asset Properties borrowed $5.4 million from Columbia Capital for 485 7th Avenue and 485 7th Avenue, Garment District, Manhattan on October 31, 2025.

• Acadia Realty Trust sold 1035 Third Avenue and 1035 Third Avenue, Lenox Hill, Manhattan for $22 million to Global Asset Properties on October 01, 2025.

• Global Asset Properties borrowed $15.4 million from Citibank for 200 East 62nd Street and 200 East 62nd Street, Lenox Hill, Manhattan on October 01, 2025.

• Global Asset Properties borrowed $5.4 million from China Institute in America for 40 Rector St and 40 Rector St, Financial District, Manhattan on August 28, 2025.

• China Institute in America sold 40 Rector St and 40 Rector St, Financial District, Manhattan for $7.7 million to Global Asset Properties on August 28, 2025.

• Global Asset Properties sold 19 East 115 Street for $8.9 million to Bardhok Kodra on August 07, 2025.

• Global Asset Properties, Mehrdad Kahan and Said Makhany sold 240 Clarkson Avenue for $20 million to Shlomo Karpen, Norman Strulovitch and Anshel Fridman on July 10, 2025.

• Global Asset Properties sold 20 Convent Avenue for $7.5 million to Haussmann Development on May 07, 2025.