SMJ Development

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$166.5 million* – development 79.0%, walkup 15.0%; Queens 67.0%, Manhattan 32.0%

873th largest portfolio by dollar value

67,703 sqft – walkup 58%, development 26%;

2438th largest by SF

4 properties – Manhattan 75%, Queens 25%

1842th largest

101 residential units – Manhattan 100%, Bronx 0%

1459th largest by residential units

Buyer company: 3 for $39.4 million

Borrower company: 4 for $124.4 million

Peter Zuccarello (1), Damien Smith (1), Gandolfo DiFiore (1), Joseph Mazzola (1), Gerald Caliendo (1), Steven Croman (1), Salvatore D’Avola (1)

• Neighborhood Restore sold 535 East 12th Street, Alphabet City, Manhattan for $6.9 million to SMJ Development on September 26, 2024.

• SMJ Development borrowed $6.3 million from Community Preservation Corporation for 535 East 12th Street and 204 Avenue A, Alphabet City, Manhattan on September 26, 2024.

• SMJ Development and Settlement Housing Fund borrowed $85.1 million from NYC Housing Development Corporation for 68-19 Woodhaven Boulevard, Rego Park, Queens on July 03, 2024.

• SMJ Development and Services for the UnderServed borrowed $19.2 million from Enterprise Community Partners for 351-357 West 45th Street, Hell’s Kitchen, Manhattan on June 28, 2024.

• Croman Real Estate sold 351-357 West 45th Street, Hell’s Kitchen, Manhattan for $20 million to SMJ Development and Services for the UnderServed on June 28, 2024.

• SMJ Development borrowed $13.7 million from Low Income Investment Fund for 68-19 Woodhaven Boulevard, Rego Park, Queens on October 26, 2023.

• Peter Zuccarello, Damien Smith, Gandolfo DiFiore, Joseph Mazzola and Gerald Caliendo sold 68-19 Woodhaven Boulevard, Rego Park, Queens for $12.5 million to SMJ Development on October 26, 2023.

• SMJ Development borrowed $14.6 million from Community Preservation Corporation for 204 Avenue A, 535 East 12th Street, East Village, Manhattan on December 24, 2019.