Montefiore Medical Center

Montefiore Medical Center portfolio

$89.8 million* – specialty 86%, industrial 13%; Bronx 100%, Manhattan 0%

612th largest portfolio by dollar value

747,140 sqft – specialty 58%, industrial 41%;

441th largest by SF

2 properties – Bronx 100%, Manhattan 0%

2950th largest

Top Ten Associated Companies:

Bank of New York Mellon (2), Bank of New York Mellon as trustee (1), Paul Levitt (1), Stagg Group (1)

Top Ten Associated People:

Paul Levitt (1), Mark Stagg (1)

Recent activity as company:

Montefiore Medical Center sold 639 East 232nd Street, 637 East 232nd Street, 633 East 232nd Street, 4176 Carpenter Avenue, and 4178 Carpenter Avenue, Wakefield, Bronx for $5.7 million to Stagg Group on November 08, 2021.

Montefiore Medical Center sold 1554 St Peters Avenue, Westchester Square, Bronx for $2.6 million to Paul Levitt on October 18, 2021.

Montefiore Medical Center borrowed $50 million from Bank of New York Mellon for 111 East 210th Street, 3348 Rochambeau Avenue, and 170 East Gun Hill Road, Riverdale, Bronx on May 24, 2021.

Montefiore Medical Center borrowed $200 million from Bank of New York Mellon for 111 East 210th Street, 3348 Rochambeau Avenue, 170 East Gun Hill Road, Riverdale, Bronx on July 24, 2020.

Montefiore Medical Center borrowed $706.5 million from Bank of New York Mellon as trustee for 111 East 210th Street, 3348 Rochambeau Avenue, 170 East Gun Hill Road, Riverdale, Bronx on February 26, 2020.

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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