LeFrak
(LeFrak Organization)
40 West 57th St, New York, NY 10019
People:
LeFrak NYC portfolio
$2 billion -elevator 78%, office 12%, condo 5%; Manhattan 69%, Queens 26%, Brooklyn 3%*
108th largest portfolio by dollar value
9,995,891 sqft – elevator 86%, office 10%, hotel 1%; Queens 59%, Manhattan 36%, Brooklyn 4%
35th largest by SF
50 properties – Brooklyn 71%, Queens 21%, Manhattan 6%
181th largest
8,685 residential units – Queens 65%, Manhattan 29%, Brooklyn 4%
17th largest by residential units
0 foreclosures, 0 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Seller company: 19 for $257.9 million
Borrower company: 6 for $169.2 million
Top Ten Associated Companies:
A&E Real Estate Holdings (13), Iris Holdings Group (13), TD Bank (11), HF Capital (5), Wells Fargo (4), Metropolitan Commercial Bank (2), Sedesco (1), Bank of New York Mellon (1), Citibank (1), PGIM Real Estate (1)
Top Ten Associated People:
Alex T. Bruce (13), Chayim Kirschenbaum (9), Paul A. Kesicki (4), Avi Singer (4), Marc Blumenfrucht (4), Craig Zajac (1), Ross Dahmen (1), Abraham Singer (1), Brian Murn (1), Michael Bennett (1)
Recent activity as company:
• LeFrak sold 602 Avenue L for $6.7 million to HF Capital on June 24, 2026.
• LeFrak sold 1725 East 5 Street for $12.3 million to HF Capital on June 24, 2026.
• LeFrak sold 7719 Bay Parkway for $5.3 million to HF Capital on June 24, 2026.
• LeFrak sold 2226 83 Street for $9.7 million to HF Capital on June 24, 2026.
• LeFrak borrowed $17 million from M&T Bank for 15 Gold Street on February 27, 2026.
• LeFrak borrowed $31 million from Bank of New York Mellon for 632 Columbus Avenue on January 14, 2026.
• LeFrak sold 123-30 83 Avenue for $7.4 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 95-01 65 Road for $8.1 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 97-51 65 Road for $14.4 million to Iris Holdings Group on October 31, 2025.
• LeFrak sold 84-20 Austin Street for $9.9 million to Iris Holdings Group on October 31, 2025.
Latest Stories:
• LeFrak signs $23M refi with Equitable for apartment building in Sutton Place (August 26, 2024)
Court Records:
Properties:
