Seastone Capital
Private
152 W 57th St. New York, NY 10019, USA
14 Hawthorne Ln Lawrence, New York 11559
People:
Seastone Capital NYC portfolio
$48.6 million -elevator 78%, walkup 21%; Brooklyn 49%, Manhattan 41%, Bronx 9%*
2291th largest portfolio by dollar value
244,217 sqft – elevator 61%, walkup 38%; Manhattan 70%, Brooklyn 21%, Bronx 8%
1384th largest by SF
6 properties – Manhattan 66%, Bronx 16%, Brooklyn 16%
1734th largest
286 residential units – Manhattan 73%, Brooklyn 18%, Bronx 7%
878th largest by residential units
Company Activity past 24 months:
Buyer company: 5 for $40.2 million
Borrower company: 3 for $28.6 million
Top Ten Associated Companies:
Esquire Bank (1), Series 2020-B18 (1), JPMorgan Chase (1)
Top Ten Associated People:
Jennifer Smith (1)
Recent activity as company:
• Annal Management sold 283 Edgecombe Avenue for $4.9 million to Seastone Capital on July 21, 2026.
• Seastone Capital borrowed $3.7 million from Esquire Bank for 283 Edgecombe Avenue on July 21, 2026.
• Seastone Capital, Bendict Realty Group and Aaron Jungreis borrowed $6.9 million from JPMorgan Chase for 517 West 168 Street on February 12, 2026.
• Urban American Management sold 517 West 168 Street for $9.2 million to Seastone Capital, Benedict Realty Group and Aaron Jungreis on February 12, 2026.
• Novel Property Ventures sold 384 Lincoln Place for $21 million to Greenmont Group, Seastone Capital and Aaron Jungreis on September 30, 2025.
• Greenmont Group, Seastone Capital and Aaron Jungreis borrowed $18 million from Series 2020-B18 for 384 Lincoln Place on September 30, 2025.
• Bijan Nassi sold 2008 Amsterdam Avenue for $1.3 million to Seastone Capital on September 16, 2025.
• Alexis Baez sold 162 East 184 Street for $3.8 million to Seastone Capital on August 28, 2025.
• Jeffrey Farkas sold 560 West 175 Street for $4.8 million to Seastone Capital on February 15, 2024.
Latest Stories:
• Seastone Capital pays $4.9M to Annal Management for 49-unit rental in Harlem (July 28, 2026)
• Greenmont, Seastone, Jungreis pay $21M for 54-unit rental in Prospect Heights (October 20, 2025)
• Seastone Capital pays $3.8M for 21-unit walkup in Fordham Heights (September 23, 2025)
• Seastone Capital pays $4.8M for 60-unit walkup in Washington Heights (February 26, 2024)
• Alexis Baez signs $10.3M refi with Stabilis Capital for two properties in NYC (June 05, 2023)
Properties: