Sierra Real Estate
People:
Sierra Real Estate NYC portfolio
$7.2 million -walkup 100%; Manhattan 100%*
5384th largest portfolio by dollar value
8,300 sqft – walkup 100%; Manhattan 100%
6437th largest by SF
16 residential units – Manhattan 100%
4114th largest by residential units
Company Activity past 24 months:
Seller company: 3 for $22.3 million
Top Ten Associated Companies:
NorthEast Bank (1), Dreamaps Estate Ny LLC (1), Spence School (1), Beacon Capital Partners (1), Kaufman Investments (1), Yosef Nazar (1), Ponte Equities (1)
Top Ten Associated People:
Matthew Presseau (1), Bruce Orem (1), Kirsten L. Hoffman (1), Yosef Nazar (1), Vincent J. Ponte (1)
Recent activity as company:
• Sierra Real Estate sold None for $7.3 million to Ponte Equities on January 07, 2026.
• Sierra Real Estate sold 204 East 58 Street for $5 million to Yosef Nazar on March 18, 2025.
• Sierra Real Estate and Suzanne Bachner sold 1307 Madison Avenue for $10 million to Spence School on January 31, 2025.
• James Wacht, Peter Braus and Sierra Real Estate sold 881 Avenue Of The Americas for $92.5 million to Beacon Capital Partners and Kaufman Investments on June 30, 2023.
• NorthEast Bank on June 16, 2022 bought a loan with an original principal of $3.4 million from Webster Bank, signed by John Burke, secured by 223 East 58 Street, when owned by Sierra Real Estate.
• Sierra Real Estate sold 43 West 55 Street for $12.2 million to Dreamaps Estate Ny LLC on June 02, 2021.
Latest Stories:
• Ponte Equities pays $7.3M for 18-unit walkup in Sutton Place (January 15, 2026)
• Yosef Nazar pays $5M for mixed-use in Midtown East (March 25, 2025)
• Beacon Capital, Kaufman pay $92.5M for office building in Penn Plaza (July 13, 2023)
• Sierra Real Estate sells Plaza District rental for $12.2M (June 15, 2021)
Properties:
