Sugar Hill Capital Partners
Sugar Hill Capital Partners portfolio
$178.7 million* – walkup 69%, elevator 27%; Manhattan 68%, Brooklyn 31%
340th largest portfolio by dollar value
1,466,813 sqft – walkup 54%, elevator 32%;
226th largest by SF
77 properties – Manhattan 70%, Brooklyn 29%
123th largest
1,551 residential units – Manhattan 71%, Brooklyn 28%
152th largest by residential units
10 foreclosures, 0 bankruptcies, 0 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $10 million
Seller company: 5 for $21.6 million
Borrower company: 1 for $8.2 million
Top Ten Associated Companies:
Moshe Greenzweig (8), Signature Bank (6), New York Community Bank (3), Indev Real Estate (2), First Republic Bank (1), Renaissance Properties (1), Greenbrook Partners (1), Sterling National Bank (1), Vincent Theurer (1), Visabe Corp. (1)
Top Ten Associated People:
Moe Greenzweig (8), Rachel Posen (5), Joanna Moloney (2), Gregory Fournier (1), Olga Bogrova (1), Vincent Theurer (1), Salomon Cojab Moadeb (1), Jesse Hutcher (1), Alan L. Kaufman (1), Steven Kashanian (1)
Recent activity as company:
• Sugar Hill Capital Partners sold 300 West 114th and 2107 8th Avenue, Harlem, Manhattan for $3,310 to Series 2020-SB80 and CWCapital Asset Management on September 30, 2024.
• T30 Capital and Sugar Hill Capital Partners sold 1713 8th Avenue, South Slope, Brooklyn for $3.8 million to Lipa Engel on September 19, 2024.
• Sugar Hill Capital Partners sold 231 North Henry Street, Greenpoint, Brooklyn for $5.3 million to Pambar Realty on January 11, 2024.
• Sugar Hill Capital Partners borrowed $8.2 million from SME Capital Ventures for 44 West 8th Street, Greenwich Village, Manhattan on October 19, 2023.
• Steven P. Grundwerg sold 44 West 8th Street, Greenwich Village, Manhattan for $10 million to Sugar Hill Capital Partners on October 19, 2023.
• Sugar Hill Capital Partners sold 230 West 116th Street, Harlem, Manhattan for $2 million to company on July 10, 2023.
• Sugar Hill Capital Partners sold 4300 Broadway, Washington Heights, Manhattan for $10.4 million to Treetop Development on May 03, 2023.
• Sugar Hill Capital Partners sold 510-512 West 146th Street, Harlem, Manhattan for $1.6 million to company on February 06, 2023.
• Sugar Hill Capital Partners sold 638-644 West 160th Street, Washington Heights, Manhattan for $3.7 million to company on February 06, 2023.
• Sugar Hill Capital Partners sold 617 West 143rd Street, Harlem, Manhattan for $6.1 million to Cedarbridge Management on February 02, 2023.
Latest Stories:
• Lipa Engel pays $3.8M to Sugar Hill for 29-unit conversion in South Slope (September 20, 2024)
• Pambar Realty pays $5.3M to Sugar Hill for 6-unit walkup in Greenpoint (January 12, 2024)
• Buyer pays $10M for retail in Greenwich Village (October 20, 2023)
• Indev pays $8 million to Sugar Hill Capital for two walkups in Brooklyn (January 25, 2023)
• Hirshmark buys $2.7M note secured by Sugar Hill Capital walkup in Harlem (January 10, 2023)
Court Records:
Properties: