Pearl Realty Management
(Pearl Realty NY, Pearl Realty)
240 Water St Brooklyn, NY 11201
People:
Pearl Realty Management NYC portfolio
$387.8 million -industrial 43%, office 36%, mixed-use 10%; Brooklyn 61%, Queens 28%, Bronx 10%*
542th largest portfolio by dollar value
1,592,825 sqft – industrial 45%, office 41%, mixed-use 7%; Brooklyn 49%, Queens 37%, Bronx 12%
298th largest by SF
66 properties – Brooklyn 48%, Bronx 37%, Queens 13%
117th largest
10 residential units – Brooklyn 80%, Queens 20%
4589th largest by residential units
Company Activity past 24 months:
Buyer company: 5 for $112.9 million
Seller company: 8 for $392.1 million
Top Ten Associated Companies:
Jay Group (3), TF Cornerstone (2), 4118 14th Ave #65 Brooklyn, NY 11218 registered (1), BP Developer Partners (1), Simon Cohen (1)
Top Ten Associated People:
Jacob Kohn (3), Jeremy Shell (2), Yisroel Kilstein (1), Ben Tyberg (1), Simon Cohen (1)
Recent activity as company:
• J.B. Industries sold 35-02 Skillman Avenue, Sunnyside, Queens for $9.2 million to Pearl Realty Management on December 31, 2025.
• Pearl Realty Management sold 14 Greenpoint Avenue for $130 million to Jay Group on November 14, 2025.
• RXR Realty sold 37-18 Northern Boulevard for $42.8 million to Pearl Realty Management on September 16, 2025.
• Pearl Realty Management sold 35 Church Avenue for $10 million to BP Developer Partners on August 06, 2025.
• Pearl Realty Management sold 36 street for $13.5 million to 4118 14th Ave #65 Brooklyn, NY 11218 registered on July 24, 2025.
• Himmel + Meringoff Properties sold 40-28 22 Street for $20.5 million to Pearl Realty Management on January 23, 2025.
• Samson Management sold 68 3 Street for $29.5 million to Pearl Realty Management on September 30, 2024.
• Vanbarton Group sold 47-10 Austell Place for $11 million to Pearl Realty Management on September 19, 2024.
• Pearl Realty Management sold 165 Willoughby Street for $12.5 million to Jay Group on August 28, 2024.
• Pearl Realty Management sold 108 Fleet Place for $50 million to Jay Group on August 28, 2024.
Latest Stories:
• Jay Group pays $130M to Pearl Realty for dev site in Greenpoint (December 02, 2025)
• Jack Guttman’s Pearl Realty pays $42.8M to RXR for LIC office (September 25, 2025)
• Pearl Realty Management sells dev site in Kensington for $10M (August 18, 2025)
• Jack Guttman’s Pearl Realty sells possible dev site in Kensington for $13.5M (July 30, 2025)
• Jack Guttman’s Pearl Realty pays $20.5M to Himmel + Meringoff in LIC (February 03, 2025)
Properties:
