Platinum Realty Associates
102-10 Metropolitan Avenue, Suite 200 Forest Hills, NY 11735
People:
Platinum Realty Associates NYC portfolio
$279.3 million -retail 58%, mixed-use 30%, office 4%; Queens 59%, Brooklyn 36%, Bronx 3%*
754th largest portfolio by dollar value
575,277 sqft – retail 60%, mixed-use 30%, office 3%; Queens 62%, Brooklyn 32%, Bronx 3%
744th largest by SF
95 properties – Queens 54%, Brooklyn 38%, Manhattan 3%
66th largest
75 residential units – Brooklyn 50%, Queens 40%, Manhattan 9%
2107th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 11 for $69.5 million
Seller company: 1 for $4 million
Borrower company: 5 for $38.1 million
Top Ten Associated Companies:
Signature Bank (4), Customers Bank (2), Levi Neubort (1), Ridgewood Savings Bank (1), Lai Tin Yam (1), AB Realty Holdings Group (1), JPMorgan Chase (1), Societe Generale (1), Lalmir Sultanzada (1), Iqbal Kaknia (1)
Top Ten Associated People:
Nicholas A. LaMorte (2), Levi Neubort (1), Marna E. Bernstein (1), Lai Tin Yam (1), Bradley Zelenitz (1), Anthony Brown (1), Ursula Flores (1), Justin Cappuccino (1), Lalmir Sultanzada (1), Iqbal Kaknia (1)
Recent activity as company:
• Ben Terrany sold 75 Suydam Street for $6 million to Platinum Realty Associates on December 16, 2025.
• Crown Acquisitions sold 133-15 Jamaica Avenue for $19 million to Platinum Realty Associates and Richard Chera on October 01, 2025.
• Platinum Realty Associates and Richard Chera borrowed $15.1 million from Societe Generale for 133-15 Jamaica Avenue on October 01, 2025.
• Platinum Realty Associates borrowed $2.9 million from Customers Bank for 138-37 86 Road on August 20, 2025.
• Daniel Siwek and George Kajdacsi sold 138-37 86 Road for $1.6 million to Platinum Realty Associates on August 20, 2025.
• Henry Chmielnicki and Rafi Siwek sold 138-26 86 Avenue for $3.3 million to Platinum Realty Associates on August 20, 2025.
• Platinum Realty Associates borrowed $3.8 million from JPMorgan Chase for 234-36 Merrick Boulevard on June 16, 2025.
• Lori Falco Greenberg sold 7023 Avenue U for $3.5 million to Platinum Realty Associates on May 16, 2025.
• Platinum Realty Associates sold 4914 Avenue I for $4 million to AB Realty Holdings Group on April 17, 2025.
• Lisa Barreiro sold 149 East 116 Street for $5.4 million to Platinum Realty Associates on April 08, 2025.
Latest Stories:
• Platinum Realty pays $6M for five small properties with 15 units in Bushwick (January 09, 2026)
• Platinum Realty Associates pays $4.9M for retail in Briarwood (September 24, 2025)
• Queens Plumbing pays $10M for dev site in Sunnyside (July 21, 2025)
• Platinum Realty signs $3.75M refi with Chase for retail strip in Laurelton (June 20, 2025)
• Platinum Realty pays $3.5M for development in Bergen Beach (May 30, 2025)
• AB Realty pays $4M to Platinum Realty for retail in Flatlands (May 30, 2025)
• Platinum Realty pays $5.4M for three mixed-use properties in East Harlem (April 18, 2025)
• AB Capstone signs $24M refi with Stabilis for retail in Jamaica Estates (March 05, 2025)
Court Records:
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