Townhouse Property Group
25 West 45th Street, Suite 502 New York, NY 10036
People:
Townhouse Property Group NYC portfolio
$44.3 million -mixed-use 50%, walkup 49%; Manhattan 100%*
2343th largest portfolio by dollar value
56,306 sqft – walkup 59%, mixed-use 40%; Manhattan 100%
3214th largest by SF
8 properties – Manhattan 100%
1324th largest
42 residential units – Manhattan 100%
2790th largest by residential units
Company Activity past 24 months:
Seller company: 2 for $9.4 million
Borrower company: 1 for $20 million
Top Ten Associated Companies:
Dime Community Bank (3), Maxim Capital Group (2), ZHL Group (2), Jason S. Park (1), Dai Park (1), Joel Landau (1), Joel Zupnick (1), Bent Philipson (1), PIMCO (1)
Top Ten Associated People:
Mikhail Lit (2), Joel Zupnick (1), Bent Philipson (1), Eric Sadkin (1), Eric Chan (1)
Recent activity as company:
• Townhouse Property Group sold 316 East 77 Street for $4.7 million to ZHL Group on March 20, 2026.
• Townhouse Property Group sold None for $4.7 million to ZHL Group on March 20, 2026.
• Townhouse Property Group borrowed $20 million from Maxim Capital Group for 1144 2 Avenue on October 20, 2025.
• Armin Jadadic borrowed $5 million from LMF Commercial for 284 East 163 Street on June 28, 2024.
• Townhouse Property Group sold 532 East 83 Street for $7 million to Jason S. Park and Dai Park on January 03, 2024.
• Townhouse Property Group borrowed $7 million from Maxim Capital Group for 1140 2 Avenue on December 14, 2023.
• Townhouse Property Group sold 158-20 79 Avenue for $44 million to Joel Landau, Joel Zupnick and Bent Philipson on February 03, 2023.
• Townhouse Property Group borrowed $12.5 million from Dime Community Bank for 326 West 19 Street on October 08, 2021.
• PIMCO on September 28, 2021 bought a loan with an original principal of $7 million from Capital One, signed by Demetrius Thornton, secured by 431 East 87 Street, when owned by Townhouse Property Group.
• Antonio Asta sold 1156 2 Avenue for $2.5 million to Townhouse Property Group on June 03, 2021.
Latest Stories:
• Townhouse Property pays $11M for 3 mixed-use buildings in Lenox Hill (June 18, 2021)
Properties: