SEBCO Development
(South East Bronx Community Organization)
429 Bruckner Blvd. Bronx, NY 10455
885 Bruckner Blvd Bronx, NY 10459
People:
SEBCO Development NYC portfolio
$263.2 million -elevator 51%, development 36%, walkup 12%; Bronx 99%*
794th largest portfolio by dollar value
1,435,735 sqft – elevator 76%, walkup 23%; Bronx 100%
344th largest by SF
37 properties – Bronx 100%
262th largest
1,729 residential units – Bronx 100%
191th largest by residential units
Notes
Father Louis R. Gigante founded SEBCO Development. He died in 2022.
Company Activity past 24 months:
Borrower company: 1 for $22.6 million
Top Ten Associated Companies:
NYC Department of Housing Preservation and Development (1), NYS Housing Finance Agency (1), NYC Housing Preservation and Development (1)
Recent activity as company:
• SEBCO Development borrowed $22.6 million from NYC Department of Housing Preservation and Development for 581 Timpson Place on June 30, 2025.
• SEBCO Development borrowed $72.1 million from NYS Housing Finance Agency and NYC Housing Preservation and Development for 1883 Crotona Avenue on December 14, 2022.
Properties: