RiseWell Community Services
Owner
Nonprofit
116-06 Myrtle Avenue, Richmond Hill, NY 11418
RiseWell Community Services NYC portfolio
$66.2 million -industrial 78%, B9 21%; Bronx 78%, Brooklyn 21%*
1933th largest portfolio by dollar value
5,246 sqft – industrial 53%, B9 46%; Bronx 53%, Brooklyn 46%
7275th largest by SF
2 properties – Bronx 50%, Brooklyn 50%
3734th largest
2 residential units – Brooklyn 100%
7057th largest by residential units
Company Activity past 24 months:
Borrower company: 2 for $49.8 million
Developer (new building or major alteration): 1 for 66,886 square feet
Top Ten Associated Companies:
JPMorgan Chase (1), NYS Office of Mental Health (1), NYS Dormitory Authority (1)
Top Ten Associated People:
Barry D. Lites (1)
Recent activity as company:
• RiseWell Community Services borrowed $39.1 million from JPMorgan Chase and NYS Office of Mental Health for 14 Van Cortlandt Avenue East on May 21, 2026.
• RiseWell Community Services borrowed $10.7 million from NYS Dormitory Authority for 318 Pennsylvania Avenue, East New York, Brooklyn on March 28, 2025.
• RiseWell Community Services for Philip Matcovsky filed plans for new building for 66,886 sqft in Bedford Park, Bronx, on March 13, 2025.
Properties: