Sterling Equities
111 Great Neck Road, Great Neck, NY 11021
Sterling Equities NYC portfolio
$7 billion -Q6 92%, development 6%; Queens 98%, Brooklyn 1%*
24th largest portfolio by dollar value
1,556,003 sqft – Q6 80%, walkup 10%, elevator 7%; Queens 80%, Brooklyn 17%, Manhattan 1%
317th largest by SF
31 properties – Queens 54%, Brooklyn 41%, Manhattan 3%
310th largest
277 residential units – Brooklyn 85%, Manhattan 14%
900th largest by residential units
Company Activity past 24 months:
Seller company: 2 for $56.5 million
Borrower company: 2 for $437.9 million
Top Ten Associated Companies:
Valley National Bank (3), Maddd Equities (1), New York Community Bank (1), Luis von Ahn (1), PIMCO (1), JPMorgan Chase (1), New York City Football Club (1)
Top Ten Associated People:
Leo Kuba (1), Declan Meagher (1), Daniel M. Bagatta (1), Luis von Ahn (1), James G. Millard (1), Frank Monterisi (1), Scott Wilpon (1)
Recent activity as company:
• Sterling Equities sold 1334 Louis Nine Boulevard, 1334 Louis Nine Boulevard, and 1334 Louis Nine Boulevard, East Morrisania, Bronx for $10.8 million to Maddd Equities on December 23, 2025.
• Sterling Equities borrowed $12.8 million from Valley National Bank for 1378 Bedford Avenue on July 01, 2025.
• New York City Football Club, Related Companies and Sterling Equities borrowed $425 million from JPMorgan Chase for 126-02 35 Avenue on November 21, 2024.
• City of New York, Related Companies and Sterling Equities ground leased 126-02 35 Avenue valued at $45.7 million to New York City Football Club on November 21, 2024.
• Gloria Brehl sold 126-14 Northern Boulevard for $2.4 million to Related Companies and Sterling Equities on February 09, 2024.
• Benaim x Partners sold 126-11 34 Avenue for $12.3 million to Related Companies and Sterling Equities on January 11, 2024.
• Eric Benaim sold 126-11 34 Avenue for $0 to Related Companies and Sterling Equities on March 20, 2023.
• Sterling Equities borrowed $10 million from Valley National Bank for 465 Pacific Street, Boerum Hill, Brooklyn on August 09, 2022.
• Sterling Equities sold 334 West 20th Street, Chelsea, Manhattan for $22.5 million to Luis von Ahn on November 08, 2021.
• PIMCO on September 28, 2021 bought a loan with an original principal of $12.2 million from Capital One, signed by Desiree Harlow, secured by 2126 Frederick Douglass Boulevard, when owned by Sterling Equities.
Latest Stories:
• Sterling Equities signs $12.8M refi for four adjacent rentals in Crown Heights (July 28, 2025)
• Related, Sterling sign contract to buy two additional properties in Willets Point (March 21, 2023)
Properties:
