Phoenix Realty Group
410 Park Avenue Suite 600 New York, NY 10022
People:
Phoenix Realty Group NYC portfolio
$226.3 million -elevator 45%, condo 27%, N2 15%; Bronx 48%, Manhattan 35%, Brooklyn 15%*
996th largest portfolio by dollar value
966,092 sqft – elevator 41%, condo 37%, N2 13%; Bronx 67%, Manhattan 18%, Brooklyn 13%
547th largest by SF
9 properties – Bronx 77%, Manhattan 11%, Brooklyn 11%
1264th largest
1,377 residential units – Bronx 74%, Manhattan 13%, Brooklyn 12%
300th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $80 million
Seller company: 1 for $41.5 million
Borrower company: 1 for $58.1 million
Top Ten Associated Companies:
NYC Housing Development Corporation (2), Arker Companies (2), Orix Corporation USA (1), Capital One (1), NYC Department of Housing Preservation and Development (1), Wells Fargo (1), Tredway (1)
Top Ten Associated People:
Daniel Moritz (2), Jay Smith (1), Ruth Moreira (1), Adam Sussi (1)
Recent activity as company:
• L+M Development Partners sold 1936 Amsterdam Avenue for $80 million to Phoenix Realty Group and Nuveen on July 28, 2026.
• Phoenix Realty Group and Nuveen borrowed $58.1 million from Orix Corporation USA for 1936 Amsterdam Avenue on July 28, 2026.
• Phoenix Realty Group ground leased 234 Herkimer Street valued at $41.5 million to Tredway on May 15, 2026.
• Phoenix Realty Group borrowed $10.7 million from NYC Housing Development Corporation for 2413 Southern Boulevard on January 21, 2022.
• Abrams Capital and Belveron Partners sold 2481 AIR Southern Boulevard for $86 million to Phoenix Realty Group on January 21, 2022.
• Phoenix Realty Group borrowed $10.6 million from NYC Department of Housing Preservation and Development for 2481 AIR Southern Boulevard on January 21, 2022.
• Phoenix Realty Group borrowed $64.8 million from Capital One for 513 Commonwealth Avenue on September 17, 2021.
• Phoenix Realty Group borrowed $12.6 million from Wells Fargo for 234 Herkimer Street on June 01, 2021.
• Phoenix Realty Group sold 305 Decatur Street for $18.5 million to Arker Companies on October 21, 2020.
• Phoenix Realty Group sold 15 Albany Avenue for $15 million to Arker Companies on October 21, 2020.
Latest Stories:
• Tredway pays $41.5M for ground lease controlling two rentals in Bedford Stuyvesant (June 08, 2026)
• Joel Gluck borrows $50M from Santander Bank for multifamily property in Bronx (January 09, 2020)
• Rocco Ron Romeo obtained financing of $5M from Valley National Land (August 14, 2019)
Properties:
