Maspeth Federal Savings

(Maspeth Savings and Loan Association, Maspeth Federal Savings And Loan Association, Maspeth Federal Savings & Loan Association)

Lender

Bank

People:

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Maspeth Federal Savings NYC portfolio

$7.9 million -C3 55%, office 44%; Queens 99%*

5269th largest portfolio by dollar value

17,825 sqft – C3 83%, office 16%; Queens 100%

5207th largest by SF

5 properties – Queens 100%

2164th largest

16 residential units – Queens 100%

4152th largest by residential units

21 foreclosures, 6 bankruptcies, 0 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $3.6 million

Lender company: 7 for $50.2 million

Recent activity as company:

Bell Realty borrowed $5.7 million from Maspeth Federal Savings for None on May 14, 2026.

Diana Rundo borrowed $5 million from Maspeth Federal Savings for None on May 01, 2026.

United Construction & Development Group borrowed $17.9 million from Preferred Bank for 140-28 31 Drive on April 21, 2026.

Min Wu and Miaoling Lin borrowed $6 million from Maspeth Federal Savings for None on March 05, 2026.

Genovese Family Enterprises borrowed $7.5 million from Maspeth Federal Savings for None on January 13, 2026.

United Construction & Development Group borrowed $12.5 million from Maspeth Federal Savings for 41-26 22 Street on December 19, 2025.

Sandy Stillman borrowed $7.2 million from Maspeth Federal Savings And Loan Association for 253 Van Brunt Street on September 25, 2025.

Abraham Lipschitz borrowed $20.8 million from BridgeCity Capital for 78 North 3 Street on July 23, 2025.

Terry S. Triades borrowed $6.3 million from Maspeth Federal Savings and Loan Association for 213-45 39 Avenue on May 15, 2025.

• Sepideh Hosseinipoor sold 92-08 175 Street for $3.6 million to Maspeth Federal Savings and Loan Association on June 28, 2024.

Latest Stories:

• United Construction &; Development signs $17.9M construction loan for 47-unit project in Flushing (May 08, 2026)

• Min Wu, Miaoling Lin pay $14.5M for industrial in Long Island City (March 20, 2026)

• iCross refis 71-unit United Construction development in LIC with $28.8M loan (March 12, 2026)

• Genovese Family Ent. signs $7.5M refi for mixed-use in Astoria (January 25, 2026)

• Sandy Stillman pays $7.05M to RedHoek+Partners for 3 buildings in Red Hook (September 15, 2025)

• Abraham Lipschitz pays $12.5M to Sandy Stillman for Wythe Diner dev site in Williamsburg (August 01, 2025)

• United Construction &; Development signs $65M refi for 120-unit condo building in Flushing (February 20, 2025)

• Iconic Wythe Diner in contract to sell, has approved plans for 10-unit building (October 28, 2024)

• Bank forecloses after 11 years on 4 Jamaica walkups through $3.6M auction (July 26, 2024)

• Ming Qiang He pays $3.1M for industrial in Ditmars Steinway (July 16, 2024)

Court Records:

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Properties:

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