Mann Group
People:
Mann Group NYC portfolio
$57.3 million* – walkup 41%, elevator 27%, mixed-use 15%; Brooklyn 89%, Manhattan 10%
1747th largest portfolio by dollar value
124,775 sqft – walkup 38%, elevator 27%, mixed-use 15%;
1711th largest by SF
17 properties – Brooklyn 94%, Manhattan 5%
452th largest
104 residential units – Brooklyn 96%, Manhattan 3%
1482th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $15.1 million
Seller company: 2 for $26.4 million
Borrower company: 1 for $11.7 million
Top Ten Associated Companies:
Empire State Realty Trust (2), Ladder Capital (1), Benedict Realty Group (1), Wayne Wu (1), Pinnacle Group (1), W Financial (1), 151 18th Street LLC (1)
Top Ten Associated People:
Thomas P. Durels (2), Janet Yuan (2), Howard S. Mittel (1), Leon Benedict (1), Wayne Wu (1), Joel Wiener (1), Adam Windwer (1), Jason Moore (1)
Recent activity as company:
• Mann Group borrowed $11.7 million from W Financial for 109 Gold Street, Vinegar Hill, Brooklyn on November 12, 2024.
• Pinnacle Group sold 109 Gold Street, Vinegar Hill, Brooklyn for $15.1 million to Mann Group on November 12, 2024.
• Mann Group sold 157-159 Wythe Avenue, Williamsburg, Brooklyn for $15 million to Empire State Realty Trust on September 14, 2023.
• Mann Group sold 161 Wythe Avenue, Williamsburg, Brooklyn for $11.4 million to Empire State Realty Trust on September 14, 2023.
• Mann Group sold 787 Franklin Avenue, Crown Heights, Brooklyn for $6.7 million to Wayne Wu on April 20, 2023.
• Mann Group sold 550 Throop Avenue, Bedford-Stuyvesant, Brooklyn for $3.7 million to Benedict Realty Group on October 19, 2021.
• Mann Group sold 215 33rd Street, Greenwood Heights, Brooklyn for $4.7 million to 151 18th Street LLC on September 01, 2021.
• Mann Group borrowed $19.5 million from Ladder Capital for 595 Manhattan Avenue, 593 Manhattan Avenue, 591 Manhattan Avenue, 574 Manhattan Avenue, 592 Manhattan Avenue, and others, Greenpoint, Brooklyn on March 26, 2021.
Latest Stories:
• Mann Group pays $15.1M to Pinnacle for 33-unit rental in Vinegar Hill (December 11, 2024)
• Wayne Wu pays $6.7M to Mann Group for mixed-use in Crown Heights (May 02, 2023)
• Benedict Realty Group pays $3.7M to Mann Group for rental in Bed Stuy (October 29, 2021)
• Mann Group refis $19.5M with Ladder Capital for property in Greenpoint (April 20, 2021)
Properties: