Laundry Capital
(Laundry Capital Co., Laundry Capital Group, Clean Rite Center, RW Real Estate Group)
97-77 Queens Boulevard, Suite 620 Rego Park, NY 11374
People:
Laundry Capital NYC portfolio
$83.7 million -retail 56%, development 41%, mixed-use 2%; Brooklyn 71%, Bronx 28%*
1667th largest portfolio by dollar value
99,586 sqft – retail 75%, mixed-use 16%, development 8%; Bronx 67%, Brooklyn 32%
2387th largest by SF
13 properties – Bronx 61%, Brooklyn 38%
818th largest
87 residential units – Brooklyn 100%
1967th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Notes
Laundry Capital is affiliated with RW Capital Group, sharing executives and offices.
Company Activity past 24 months:
Buyer company: 1 for $3 million
Seller company: 4 for $19.8 million
Borrower company: 2 for $18.5 million
Top Ten Associated Companies:
Signature Bank (3), Customers Bank (2), St. Nicholas Alliance (1), Queens Plumbing Supply (1), Life Of Hope (1), Pam Tran (1), Minh T. Tran (1), Lalmir Sultanzada (1), Enexia Pharmacy Group (1), Yin Chou Hu (1)
Top Ten Associated People:
Michael Rotchford (1), Steve Seungho Kim (1), Porez Luxama (1), Pam Tran (1), Lalmir Sultanzada (1), Nicholas A. LaMorte (1), Boris Natenzon (1), Yin Chou Hu (1), Nicholas LaMorte (1), Yosef Rabinowitz (1)
Recent activity as company:
• RW Real Estate Group sold None for $4.5 million to Enexia Pharmacy Group on December 19, 2025.
• RW Real Estate Group borrowed $8 million from Customers Bank for 3100 Brighton 1 Place on November 19, 2025.
• RW Real Estate Group and Oren Sauberman sold 280 Atlantic Avenue, Boerum Hill, Brooklyn for $2.1 million to Pam Tran and Minh T. Tran on October 21, 2025.
• RW Real Estate Group and CurbCut Urban Partners sold 43-49 38 Street for $10 million to Queens Plumbing Supply on July 10, 2025.
• Oleg Gandelman and RW Real Estate Group borrowed $10.5 million from Customers Bank for 779 Flatbush Avenue on December 10, 2024.
• Jason Yong Min Choe sold 2615 East Tremont Avenue for $3 million to RW Real Estate Group on November 19, 2024.
• Laundry Capital Group sold 4123 Avenue D for $3.2 million to Life Of Hope on June 17, 2024.
• Anthony S. Fontana sold 2260 Morris Avenue for $1.9 million to RW Real Estate Group on March 11, 2024.
• Gary Talisman sold 3531 Boston Road for $1.6 million to RW Real Estate Group on February 28, 2024.
• RW Real Estate Group borrowed $24 million from Provident Bank for 705 Franklin Avenue on February 27, 2024.
Latest Stories:
• Pam Tran pays $2.1M for retail in Boerum Hill (November 12, 2025)
• Queens Plumbing pays $10M for dev site in Sunnyside (July 21, 2025)
• RW Real Estate pays $3M for retail in Westchester Square (December 10, 2024)
• RW Real Estate Group pays $1.9M for retail in Fordham Heights (March 26, 2024)
• RW Real Estate signs $24M construction loan for 58-unit Crown Heights project (March 21, 2024)
• Lalmir Sultanzada pays $4M for dev site in South Jamaica (August 21, 2023)
Court Records:
Properties:
