Top Rock Holdings
1330 6th Ave suite 700b New York, NY 10019
People:
Top Rock Holdings NYC portfolio
$207.2 million -condo 51%, M1 19%, specialty 13%; Manhattan 51%, Queens 47%*
923th largest portfolio by dollar value
314,498 sqft – condo 31%, specialty 22%, M1 21%; Queens 65%, Manhattan 31%, Brooklyn 2%
1135th largest by SF
11 properties – Queens 81%, Manhattan 9%, Brooklyn 9%
894th largest
9 residential units – Brooklyn 100%
4811th largest by residential units
2 foreclosures, 1 bankruptcy, 7 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $14.1 million
Seller company: 1 for $5 million
Borrower company: 2 for $29.1 million
Top Ten Associated Companies:
Golden Bridge Funding (2), Azimuth Development Group (2), Malul & Co. (1), Northwind Group (1), Valley National Bank (1), Lightstone Group (1), S3 Capital (1), Sumir Sahgal (1), Ken Huang (1), Medisys Health Network (1)
Top Ten Associated People:
Guido Subotovsky (1), Ran Eliasaf (1), Victor Brown (1), Roger Rofe (1), Michael P. Morrow (1), Sumir Sahgal (1), Ken Huang (1), Bruce J. Flanz (1)
Recent activity as company:
• Top Rock Holdings borrowed $16 million from S3 Capital for 87-19 138 Street on November 10, 2025.
• Teachers Federal Credit Union sold 87-19 138 Street for $14.1 million to Top Rock Holdings on October 31, 2024.
• Top Rock Holdings borrowed $13.1 million from Golden Bridge Funding for 87-19 138 Street on October 31, 2024.
• Top Rock Holdings sold 2006 St Paul Avenue for $5 million to Ken Huang on June 06, 2024.
• Top Rock Holdings sold 659 Bergen Avenue for $4.3 million to Azimuth Development Group and Top Rock Holdings on September 26, 2023.
• Top Rock Holdings sold 134-01 221 Street for $8.7 million to Azimuth Development Group on August 10, 2023.
• Top Rock Holdings sold 143-04 Jamaica Avenue for $10.5 million to Medisys Health Network on June 28, 2023.
• Top Rock Holdings sold 205-16 Linden Boulevard for $2.8 million to Malul & Co. on May 15, 2023.
• Stephan Kalaijian and Barbara Grace sold 6 road for $12.1 million to Top Rock Holdings on January 30, 2023.
• Top Rock Holdings borrowed $8.3 million from Lightstone Group for 6 road on January 30, 2023.
Latest Stories:
• Top Rock Holdings signs $16M refi with S3 Capital for office in Briarwood (November 21, 2025)
• Top Rock Holdings pays $14.1M to bank for office building in Briarwood (November 13, 2024)
• Ken Huang pays $5M to Top Rock Holdings for office in Pelham Bay (June 24, 2024)
• Azimuth pays $8.7M to Top Rock for dev site in Laurelton (August 17, 2023)
• Malul & Co. pays $2.8 million to Top Rock for commercial in St. Albans (May 22, 2023)
Court Records:
Properties: