Midwood Investment & Development
(Midwood Management)
430 Park Avenue 2nd Floor New York, NY 10022
People:
Midwood Investment & Development NYC portfolio
$477.2 million -industrial 59%, elevator 21%, retail 12%; Brooklyn 66%, Manhattan 33%*
535th largest portfolio by dollar value
271,971 sqft – elevator 52%, retail 24%, industrial 17%; Manhattan 62%, Brooklyn 37%
1355th largest by SF
8 properties – Brooklyn 62%, Manhattan 37%
1390th largest
433 residential units – Brooklyn 63%, Manhattan 36%
730th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 3 for $74 million
Seller company: 2 for $33 million
Borrower company: 6 for $233.4 million
Developer (new building or major alteration): 1 for 14,670 square feet
Top Ten Associated Companies:
Valley National Bank (4), Affinius Capital (2), Midwood Investment & Development (2), BCG Holdings (1), Woodmen of the World Life Insurance Society (1), Feil Organization (1), Bashir A. Alsaedi (1), Sadeeq A. Alsaedi (1), CIBC Bank (1), Renee J. James (1)
Top Ten Associated People:
Alfred Sorrentino, Jr. (2), Beth Newman (2), Jeffrey J. Feil (1), Bashir A. Alsaedi (1), Kevin Kelly (1), Renee J. James (1), John Usdan (1), Alfred Sorrentino (1), Dana Sasouness (1), Michael Hofheinz (1)
Recent activity as company:
• Midwood Investment & Development borrowed $6 million from CIBC Bank for None on July 10, 2026.
• Samco Properties sold None for $41 million to Midwood Investment & Development and Niarchos family on June 08, 2026.
• Midwood Investment & Development for John Usdan filed plans for major alteration for 14,670 sqft in Elmhurst, Queens, on February 23, 2026.
• Midwood Investment & Development sold None for $9 million to Midwood Investment & Development on December 10, 2025.
• Midwood Investment & Development borrowed $14.2 million from Affinius Capital for 495 Degraw Street on December 10, 2025.
• Midwood Investment & Development sold 255 Bond Street for $24 million to Midwood Investment & Development on December 10, 2025.
• Midwood Investment & Development borrowed $200 million from Affinius Capital for 255 Bond Street on December 10, 2025.
• Midwood Investment & Development borrowed $13.2 million from Valley National Bank for 19 East 69 Street on December 02, 2025.
• Valley National Bank on March 31, 2025 bought a loan with an original principal of $14.2 million from Brookfield Properties, signed by Elizabeth Vinci, secured by 495 Degraw Street, when owned by Midwood Investment & Development.
• BCG Holdings on November 22, 2024 bought a loan with an original principal of $14.2 million from Valley National Bank, signed by Travis Lan, secured by 495 Degraw Street, when owned by Midwood Investment & Development.
Latest Stories:
• Midwood Investment sells mixed-use in Greenpoint for $6.3M (November 03, 2023)
• Midwood Investment signs $11M acquisition loan for mixed-use in Lenox Hill (June 27, 2022)
• Midwood Investment pays $102M to BlackRock for residential elevator in West Village (May 23, 2022)
• Midwood Inv. &; Dev., EJS Group sell resi unit for $19.6M in Lenox Hill (May 10, 2022)
• Feil Organization pays $9.8M to Midwood Investment for three properties in Bronx (August 19, 2021)
Court Records:
Properties: