Prosper Property Group
Owner
Private Equity
70 Lafayette Street, 4th Floor, New York, NY 10013
People:
Prosper Property Group NYC portfolio
$184.8 million -development 35%, office 25%, mixed-use 16%; Manhattan 57%, Brooklyn 25%, Queens 16%*
1020th largest portfolio by dollar value
129,210 sqft – office 80%, mixed-use 11%, elevator 7%; Brooklyn 80%, Manhattan 11%, Queens 7%
2036th largest by SF
7 properties – Manhattan 57%, Queens 28%, Brooklyn 14%
1441th largest
50 residential units – Queens 100%
2622th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Notes
Website: Founded by Damien Smith and Eddie Bender, Prosper Property Group is a full-service, vertically integrated real estate development firm specializing in luxury rentals and condominiums across Manhattan, Brooklyn and Queens.
Company Activity past 24 months:
Buyer company: 4 for $82.8 million
Borrower company: 5 for $142.2 million
Developer (new building or major alteration): 1 for 25,016 square feet
Top Ten Associated Companies:
Kriss Capital (2), Northwind Group (2), Klirmark Capital (1), Argentic Investment Management (1), Fieldpoint Private Bank & Trust (1)
Top Ten Associated People:
Ran Eliasaf (2), Ryan Supple (1), Jody Kriss (1), Adam P. Ercoli (1)
Recent activity as company:
• Prosper Property Group borrowed $50 million from Northwind Group for 10 West 17 Street on March 26, 2026.
• Babinec Family Trust sold 36-43 31 Street for $7 million to Prosper Property Group on October 21, 2025.
• Prosper Property Group borrowed $18 million from Kriss Capital for 36-43 31 Street on October 21, 2025.
• Anbau, Inc. sold 10 West 17 Street for $16.2 million to Prosper Property Group on July 22, 2025.
• Prosper Property Group borrowed $11 million from Northwind Group for 10 West 17 Street on July 22, 2025.
• Alan Katz and Ronald Katz sold 309 Church Street for $11.6 million to Prosper Property Group and Urban Capital Group on February 27, 2025.
• Prosper Property Group and Urban Capital Group borrowed $32 million from Klirmark Capital and Kriss Capital for 309 Church Street on February 27, 2025.
• Meadow Partners sold 120 Lawrence Street for $48 million to Prosper Property Group, Zuccarello Zerillo & Company and GRA Equities on July 31, 2024.
• Prosper Property Group, Zuccarello Zerillo & Company and GRA Equities borrowed $31.2 million from Argentic Investment Management for 120 Lawrence Street on July 31, 2024.
• Prosper Property Group for Damien Smith filed plans for major alteration for 25,016 sqft in Tribeca, Manhattan, on June 14, 2024.
Latest Stories:
• John Senisi signs $12.3M refi for residential elevator in Long Island City (October 21, 2025)
• Prosper Property Group pays $16.2M to Anbau for dev site in Flatiron District (August 04, 2025)
• Prosper Property Group pays $11.6M for mixed-use in Tribeca, owns adjacent corner (March 05, 2025)
• Prosper Property Group pays $5.2M for mixed-use in Tribeca (February 08, 2024)
• Anbau, Inc. pays $15.5M to Arun Bhatia for development in Flatiron District (December 27, 2022)
• Meadow signs $59.4M refi with Fortress for office building in Downtown Brooklyn (October 04, 2021)
Court Records:
Properties: