Sierra Real Estate
People:
Sierra Real Estate portfolio
$3.6 million* – walkup 100%; Manhattan 100%, Bronx 0%
4415th largest portfolio by dollar value
8,300 sqft – walkup 100%;
5549th largest by SF
16 residential units – Manhattan 100%, Bronx 0%
3488th largest by residential units
Company Activity past 24 months:
Seller company: 2 for $102.5 million
Top Ten Associated Companies:
Beacon Capital Partners (1), Kaufman Investments (1), NorthEast Bank (1), Dreamaps Estate Ny LLC (1), Spence School (1)
Top Ten Associated People:
Kirsten L. Hoffman (1), Matthew Presseau (1), Bruce Orem (1)
Recent activity as company:
• Sierra Real Estate and Suzanne Bachner sold 1307 Madison Avenue, Carnegie Hill, Manhattan for $10 million to Spence School on February 04, 2025.
• James Wacht, Peter Braus and Sierra Real Estate sold 875 Avenue Of The Amer, Penn Station, Manhattan for $92.5 million to Beacon Capital Partners and Kaufman Investments on July 12, 2023.
• Sierra Real Estate borrowed $0 from NorthEast Bank for 223 East 58th Street, Midtown East, Manhattan on June 29, 2022.
• Sierra Real Estate sold 45 West 55th Street, Plaza District, Manhattan for $12.2 million to Dreamaps Estate Ny LLC on June 14, 2021.
Latest Stories:
• 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: