Modell’s Sporting Goods
Lender
Modell’s Sporting Goods NYC portfolio
$16.3 million -retail 100%; Queens 100%*
3875th largest portfolio by dollar value
23,400 sqft – retail 100%; Queens 100%
4700th largest by SF
Company Activity past 24 months:
Lender company: 1 for $22.7 million
Top Ten Associated Companies:
BEB Capital (1), Jian Wu Chen (1), Feil Organization (1)
Top Ten Associated People:
Jian Wu Chen (1), Jeffrey J. Feil (1)
Recent activity as company:
• Henry Modell & Co. borrowed $15 million from Lalezarian Properties for 34-24 Vernon Boulevard on November 07, 2024.
• Henry Modell & Co. borrowed $22.7 million from Modell’s Sporting Goods for 34-24 Vernon Boulevard on July 02, 2024.
• Modell’s Sporting Goods sold 39-18 Main Street for $67 million to Jian Wu Chen on October 20, 2021.
• Modell’s Sporting Goods sold 364 Fulton Street for $20 million to Feil Organization on May 14, 2021.
• BEB Capital on September 10, 2019 bought a loan with an original principal of $13 million from Maxim Capital Group, signed by Brian Steiner, secured by 163-40 Jamaica Avenue, when owned by Modell’s Sporting Goods.
Latest Stories:
• Henry Modell & Co. signs $15M refi with Lalezarian for industrial in Astoria (December 02, 2024)
• Jian Wu Chen pays $67M for bankrupt Modell’s retail in Flushing (November 10, 2021)
Properties: