MJ Orbach Associates

People:

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MJ Orbach Associates portfolio

$41.6 million* – office 58%, condo 30%; Manhattan 58%, Brooklyn 41%

1075th largest portfolio by dollar value

293,404 sqft – office 52%, condo 25%;

912th largest by SF

9 properties – Brooklyn 88%, Manhattan 11%

922th largest

71 residential units – Brooklyn 100%, Manhattan 0%

1773th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Seller company: 1 for $3.7 million

Top Ten Associated Companies:

New York Community Bank (2), Israel Discount Bank (1), Jacky Levy (1)

Top Ten Associated People:

Avi Lieberman (1), Jacky Levy (1)

Recent activity as company:

MJ Orbach Associates sold 701 Brighton Beach Avenue, Brighton Beach, Brooklyn for $3.7 million to Jacky Levy on January 03, 2025.

MJ Orbach Associates borrowed $21.5 million from Israel Discount Bank for 524 Myrtle Avenue, 490 Myrtle Avenue, 490 Myrtle Avenue, 490 Myrtle Avenue, 490 Myrtle Avenue, and others, Clinton Hill, Brooklyn on January 06, 2022.

MJ Orbach Associates borrowed $8.3 million from New York Community Bank for 2935 Ocean Parkway, Brighton Beach, Brooklyn on February 08, 2021.

MJ Orbach Associates borrowed $55 million from New York Community Bank for 260 West 39 Street, Garment District, Manhattan on August 29, 2019.

Court Records:

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Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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