RockFarmer Properties

(Douglaston Realty Management)

42-15 235th St. Douglaston, NY 11363

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RockFarmer Properties NYC portfolio

$47.4 million -elevator 33%, condo 27%, office 21%; Queens 98%, Manhattan 1%*

2429th largest portfolio by dollar value

363,144 sqft – elevator 32%, D6 27%, condo 19%; Queens 99%

1126th largest by SF

9 properties – Queens 99%

1304th largest

259 residential units – Queens 99%

1017th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Notes

Douglaston Realty Management is the firm’s property management division.

Company Activity past 24 months:

Buyer company: 1 for $13 million

Seller company: 3 for $38 million

Borrower company: 1 for $9.8 million

Top Ten Associated People:

Thomas Anagnostopoulos (2), Yong Chen (1), H. Michael Lynch (1), Steven Caligor (1), Yaroslav Portuhay (1), Hyun Jun An (1), Jesse Deutch (1), Thomas E. DiMaio (1)

Recent activity as company:

RockFarmer Properties sold 7 Cornelia Street for $25.8 million to Eun Rae Jo on June 25, 2026.

Olshan Properties sold 144-30 35 Avenue for $13 million to RockFarmer Properties on March 13, 2026.

RockFarmer Properties borrowed $9.8 million from Flushing Bank for 144-30 35 Avenue on March 12, 2026.

RockFarmer Properties sold 21-21 31st Street, Ditmars Steinway, Queens for $6 million to Thomas Anagnostopoulos on September 30, 2024.

RockFarmer Properties sold 21-21 31st Street, Ditmars Steinway, Queens for $6.2 million to Thomas Anagnostopoulos on September 30, 2024.

RockFarmer Properties sold 31-08 21 Avenue for $21 million to Weitao Shi and Yong Chen on October 27, 2023.

RockFarmer Properties borrowed $7.5 million from Alma Bank for 27-49 Crescent Street on March 21, 2023.

RockFarmer Properties sold 632 West 172 Street for $4.2 million to Two80 Real Estate Ventures on October 20, 2022.

RockFarmer Properties borrowed $23.2 million from Bank Hapoalim for 31-08 21 Avenue on June 17, 2022.

RockFarmer Properties sold 24-75 38 Street for $15.2 million to Tremada Properties on June 18, 2021.

Latest Stories:

• RockFarmer pays $13M to Olshan for two rental elevator properties in Flushing (March 26, 2026)

• FBL Development signs $65.3M construction loan with Ponce for 86-unit project in Ditmars Steinway (April 30, 2025)

• Thomas Anagnostopoulos pays $6M to RockFarmer for community space in Ditmars Steinway (October 31, 2024)

• Thomas Anagnostopoulos pays $6.2M to RockFarmer for retail in Ditmars Steinway (October 22, 2024)

• Weitao Shi, Yong Chen pay $21M to RockFarmer for likely dev site in Ditmars Steinway (November 09, 2023)

• Two80 Real Estate pays $4.2M to RockFarmer for 25-unit walkup in Washington Heights (October 25, 2022)

• RockFarmer Properties signs $23.2M refi loan with Bank Hapoalim for six properties in Ditmars Steinway (July 26, 2022)

• RockFarmer Properties signs $8.1M refi with Greystone for three rentals in Flushing (July 25, 2021)

• Pears brothers buy unsold co-ops from RockFarmer Properties valued at $14M in Astoria (July 14, 2021)

• George Michelis borrows $18M from BNB Bank for multifamily property in West Village (July 15, 2020)

Properties:

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