Pearl Realty Management
(Pearl Realty, Pearl Realty NY)
240 Water St Brooklyn, NY 11201
People:
Pearl Realty Management NYC portfolio
$570 million -office 57%, industrial 29%, mixed-use 7%; Queens 51%, Brooklyn 41%, Bronx 7%*
395th largest portfolio by dollar value
1,873,092 sqft – office 50%, industrial 38%, mixed-use 6%; Queens 46%, Brooklyn 42%, Bronx 10%
271th largest by SF
68 properties – Brooklyn 47%, Bronx 36%, Queens 16%
116th largest
10 residential units – Brooklyn 80%, Queens 20%
4779th largest by residential units
Company Activity past 24 months:
Buyer company: 7 for $227.8 million
Seller company: 4 for $179.1 million
Top Ten Associated Companies:
Jay Group (3), TF Cornerstone (2), Simon Cohen (1), Yossel Lichtman (1), 4118 14th Ave #65 Brooklyn, NY 11218 registered (1), BP Developer Partners (1)
Top Ten Associated People:
Jacob Kohn (3), Jeremy Shell (2), Simon Cohen (1), Yossel Lichtman (1), Yisroel Kilstein (1), Ben Tyberg (1)
Recent activity as company:
• Sculptor Capital Management and Longfellow Real Estate Partners sold 43-20 23 Street for $86.9 million to Pearl Realty Management on July 27, 2026.
• Pearl Realty Management sold None for $25.6 million to Yossel Lichtman on May 20, 2026.
• BrightSpire Capital sold 49-01 21 Street for $28 million to Pearl Realty Management on March 09, 2026.
• J.B. Industries sold 42-03 35 Street 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 108 Fleet Place for $50 million to Jay Group on August 28, 2024.
• Pearl Realty Management sold 165 Willoughby Street for $12.5 million to Jay Group on August 28, 2024.
• Pearl Realty Management sold 12 Oak Street for $30 million to TF Cornerstone on July 31, 2024.
• Pearl Realty Management sold 12 Noble Street for $144.1 million to TF Cornerstone on July 31, 2024.
• Pearl Realty Management sold 187 Varet Street for $2 million to Simon Cohen on July 16, 2024.
• Michael Allocco sold 591 Meserole Street for $6.4 million to Pearl Realty Management on December 23, 2021.
• Lucky’s Real Tomatoes sold 256 Banker Street for $8 million to Pearl Realty Management on July 23, 2021.
Latest Stories:
• 99 units planned for Yossel Lichtman dev site in Greenpoint (June 16, 2026)
• TF Cornerstone advances 1,060-unit Greenpoint project with new ULURP filing (May 24, 2026)
• Jack Guttman’;s Pearl Realty pays $28M to BrightSpire for LIC office (March 19, 2026)
• Pearl Realty Management pays $9.2M for office in Sunnyside (January 12, 2026)
• 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)
Properties:
Broker Info
Active listings summary:
Total active listings as a Broker: 1 for $2,500,000; 0 sqft; 1 properties; 0 residential units
Active Listings:
A listing for 454 East 180 Street is being marketed for sale with $2,500,000 price by broker Sofia Estivill of Pearl Realty Management
Recent activity as brokerage:
• No recent activity found for this broker.