RiseWell Community Services

Owner

Nonprofit

116-06 Myrtle Avenue, Richmond Hill, NY 11418

RiseWell Community Services NYC portfolio

$14.2 million* – B9 99%; Brooklyn 99%

3604th largest portfolio by dollar value

2,438 sqft – B9 100%;

7182th largest by SF

2 residential units – Brooklyn 100%

6273th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $10.7 million

Developer (new building or major alteration): 1 for 66,886 square feet

Top Ten Associated Companies:

NYS Dormitory Authority (1)

Top Ten Associated People:

Barry D. Lites (1)

Recent activity as company:

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:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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