Platinum Realty Associates
102-10 Metropolitan Avenue, Suite 200 Forest Hills, NY 11735
People:
Platinum Realty Associates NYC portfolio
$308.2 million -retail 60%, mixed-use 27%, office 4%; Queens 61%, Brooklyn 34%, Bronx 2%*
773th largest portfolio by dollar value
619,798 sqft – retail 62%, mixed-use 28%, office 3%; Queens 63%, Brooklyn 31%, Manhattan 2%
784th largest by SF
99 properties – Queens 55%, Brooklyn 38%, Manhattan 3%
80th largest
75 residential units – Brooklyn 50%, Queens 40%, Manhattan 9%
2225th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 12 for $85.2 million
Seller company: 1 for $4 million
Borrower company: 8 for $62.1 million
Top Ten Associated Companies:
Customers Bank (4), Signature Bank (4), Levi Neubort (1), Ridgewood Savings Bank (1), Valley National Bank (1), Lai Tin Yam (1), AB Realty Holdings Group (1), JPMorgan Chase (1), Lalmir Sultanzada (1), Societe Generale (1)
Top Ten Associated People:
Nicholas A. LaMorte (2), Levi Neubort (1), Marna E. Bernstein (1), Oren Sapirstein (1), Lai Tin Yam (1), Bradley Zelenitz (1), Anthony Brown (1), Ursula Flores (1), Lalmir Sultanzada (1), Justin Cappuccino (1)
Recent activity as company:
• Platinum Realty Associates borrowed $5.5 million from Customers Bank for 149 East 116 Street on July 29, 2026.
• Kenneth Schoellnast sold None for $16.2 million to Platinum Realty Associates on May 28, 2026.
• Platinum Realty Associates borrowed $11 million from Customers Bank for None on May 28, 2026.
• Getty Realty Corp. sold None for $3.6 million to Platinum Realty Associates on May 11, 2026.
• Platinum Realty Associates borrowed $7.5 million from Valley National Bank for 178-40 130 Road on April 30, 2026.
• Ben Terrany sold 75 Suydam Street for $6 million to Platinum Realty Associates on December 16, 2025.
• Platinum Realty Associates and Richard Chera borrowed $15.1 million from Societe Generale for 133-15 Jamaica Avenue on October 01, 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 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.
Latest Stories:
• Platinum Realty pays $16.25M for Sunnyside retail, last sold in 1929 (June 02, 2026)
• Platinum Realty Associates pays $3.6M to Getty Realty for retail in Cypress Hills (June 01, 2026)
• 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)
Court Records:
Properties: