Lemle & Wolff Companies

People:

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Lemle & Wolff Companies NYC portfolio

$171.5 million* – elevator 49.0%, walkup 39.0%; Bronx 78.0%, Manhattan 11.0%

826th largest portfolio by dollar value

420,777 sqft – walkup 61.0%, elevator 38.0%;

697th largest by SF

14 properties – Bronx 78%, Manhattan 14%

615th largest

436 residential units – Bronx 73.0%, Manhattan 26.0%

481th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $10.4 million

Seller company: 7 for $60.9 million

Borrower company: 4 for $53.7 million

Developer (new building or major alteration): 2 for 246,970 square feet

Top Ten Associated People:

Angela Gazivoda (5), Yechiel Newhouse (2), Lauren Connors (2), Thomas J. Metallo (1), Yitzchok Weinberg (1), Ayumi Martinez (1)

Recent activity as company:

• Lemle & Wolff Companies borrowed $19.5 million from NYC Department of Housing Preservation and Development for 351 Bronx River Avenue, Soundview, Bronx on December 27, 2024.

• Lemle & Wolff Companies sold 34 West 139th Street, 34 West 139th Street, 34 West 139th Street, and 34 West 139th Street, Harlem, Manhattan for $31.5 million to Yechiel Newhouse on October 16, 2024.

• Lemle & Wolff Companies sold 259 West 144th Street and 226 West 144th Street, Harlem, Manhattan for $16.5 million to Yechiel Newhouse on September 13, 2024.

• Lemle & Wolff Companies and Settlement Housing Fund borrowed $18.4 million from NYC Housing Development Corporation and NYC Department of Housing Preservation and Development for 1065 Boston Road, 1056 Boston Road, 1077 Boston Road, and 1038 Boston Road, Morrisania, Bronx on July 12, 2024.

• Lemle & Wolff Companies for Anivelca Cordova filed plans for new building for 103,247 sqft in Far Rockaway, Queens, on March 08, 2024.

• Lemle & Wolff Companies borrowed $10.5 million from Bellwether Enterprise for 9-21 Sherman Avenue, Washington Heights, Manhattan on March 05, 2024.

• Lemle & Wolff Companies sold 2201 Walton Avenue, Fordham Heights, Bronx for $1.9 million to Angela Gazivoda on January 18, 2024.

• Lemle & Wolff Companies sold 2195 Walton Avenue, Fordham Heights, Bronx for $3.1 million to Angela Gazivoda on January 18, 2024.

• Lemle & Wolff Companies sold 2078 Morris Avenue, Fordham Heights, Bronx for $5.3 million to Angela Gazivoda on January 17, 2024.

• Lemle & Wolff Companies sold 1812 Harrison Avenue, Morris Heights, Bronx for $1.3 million to Angela Gazivoda on January 16, 2024.

Latest Stories:

• Yechiel Newhouse acquires interest from Lemle & Wolff valued at $31.5M at 125-unit rental in Harlem (October 17, 2024)

• Yechiel Newhouse pays $16.5M to Lemle & Wolff for two properties in Harlem (September 16, 2024)

• Angela Gazivoda pays $5.1M to Lemle & Wolff for two rentals in Fordham Heights (January 19, 2024)

• Angela Gazivoda pays $7.8M to Lemle & Wolff for three Bronx walkups (January 18, 2024)

• Lemle & Wolff pays $10.4M for four properties in Morrisania (May 26, 2023)

• Yitzchok Weinberg pays $12.1M to Lemle & Wolff for 10 walkups in Longwood (October 03, 2022)

• Lemle & Wolff borrows $14.5M from Sterling National Bank for property in Central Harlem (October 22, 2020)

• Lemle & Wolff borrows $32.4M from Sterling to build 72 units in Soundview (October 19, 2020)

• Lemle & Wolff borrows $12M from Sterling National Bank for multifamily property in Washington Heights (June 17, 2020)

Court Records:

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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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