Procida Companies
People:
Procida Companies NYC portfolio
$393.2 million -development 63%, specialty 27%, elevator 6%; Brooklyn 54%, Manhattan 27%, Bronx 16%*
547th largest portfolio by dollar value
142,294 sqft – elevator 96%, B3 1%, B2 1%; Brooklyn 96%, Queens 3%
1899th largest by SF
8 properties – Brooklyn 37%, Queens 37%, Manhattan 12%
1240th largest
467 residential units – Brooklyn 76%, Bronx 22%, Queens 1%
599th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $5.4 million
Seller company: 1 for $13 million
Borrower company: 2 for $88.7 million
Developer (new building or major alteration): 5 for 618,954 square feet
Top Ten Associated Companies:
Webster Bank (2), NYC Housing Development Corporation (1), Phipps Houses (1), Enterprise Community Partners (1), Capital One (1), Spencer An (1)
Top Ten Associated People:
Ruth Moreira (1), Bert Baradarian (1), Baaba Halm (1), K. James Dittbrenner (1), Loretta M. Duffy (1), Spencer An (1)
Recent activity as company:
• Procida Companies borrowed $81.7 million from Capital One for None on January 14, 2026.
• India Home sold 87-86 153rd Street, 170-13 89th Avenue, and 170-11 89th Avenue, Jamaica, Queens for $5.4 million to India Home and Procida Companies on September 30, 2025.
• India Home and Procida Companies borrowed $7 million from Enterprise Community Partners for 87-86 153rd Street, 170-13 89th Avenue, and 170-11 89th Avenue, Jamaica, Queens on September 30, 2025.
• Procida Companies for Peter Procida filed plans for new building for 133,881 sqft in Harlem, Manhattan, on November 22, 2024.
• Rettner Realty and Procida Companies sold 531 East 174 Street for $13 million to Phipps Houses on April 25, 2024.
• Procida Companies borrowed $29.2 million from Webster Bank for 487 4 Avenue on June 29, 2023.
• Procida Companies borrowed $111.5 million from NYC Housing Development Corporation for 595 Christopher Avenue on June 29, 2022.
• Procida Companies borrowed $47.8 million from Webster Bank for 1765 Walton Avenue on April 06, 2022.
• Procida Companies sold 968 Brook Avenue for $8.7 million to Spencer An on December 08, 2021.
• Procida Companies for Mario Procida filed plans for new building for 40,207 sqft in South Slope, Brooklyn, on July 06, 2021.
Latest Stories:
• Gas station, QSR, with 106K buildable sold in Morrisania for $13M (May 16, 2024)
• Procida signs $111.5M construction loan for 208-unit project in Brownsville (July 19, 2022)
Properties: