Werber Real Estate
(Werber Management)
40-52 75th St Elmhurst, NY 11373
People:
Werber Real Estate NYC portfolio
$666.7 million* – condo 73%, elevator 16%, mixed-use 3%; Queens 92%, Manhattan 7%
253th largest portfolio by dollar value
664,730 sqft – elevator 54%, condo 28%, office 8%;
498th largest by SF
12 properties – Queens 88%, Manhattan 11%
711th largest
610 residential units – Queens 84%, Manhattan 15%
385th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $32.1 million
Borrower company: 3 for $30.3 million
Top Ten Associated Companies:
Signature Bank (8), PIMCO (2), Kearny Bank (1), Carlyle Group (1), Amalgamated Bank (1), Pacific National Bank (1), Principal Life Insurance Company (1), Delwar Hussain (1)
Top Ten Associated People:
Noah Littell (1), Wonjoong Kim (1), Jojo Yip (1), Oscar Segal (1), Polykarpos Kotronis (1), Paul Kotronis (1)
Recent activity as company:
• Werber Real Estate sold 438 4th Avenue, Gowanus, Brooklyn for $32.1 million to Carlyle Group on April 15, 2025.
• Werber Real Estate borrowed $12.4 million from Kearny Bank for 91-30 Van Wyck Expressway, Richmond Hill, Queens on March 14, 2025.
• Werber Management borrowed $12.5 million from Pacific National Bank for 72-11 Roosevelt Avenue, Elmhurst, Queens on June 20, 2024.
• Werber Management borrowed $5.4 million from Amalgamated Bank for 41-90 Frame Place, Flushing, Queens on June 28, 2024.
• Werber Management borrowed $7 million from Signature Bank for 91-30 Van Wyck Expressway, Richmond Hill, Queens on December 20, 2022.
• Werber Management borrowed $18.7 million from Signature Bank for 42-72 80th Street, Elmhurst, Queens on May 05, 2022.
• Werber Management borrowed $0 from PIMCO for 86-19 Elmhurst Avenue, Elmhurst, Queens on September 28, 2021.
• Werber Management borrowed $0 from PIMCO for 41-24 50th Street, Sunnyside, Queens on September 28, 2021.
• Werber Management borrowed $15.5 million from Signature Bank for 254 Front Street, Financial District, Manhattan on October 21, 2021.
• Werber Management borrowed $20.8 million from Signature Bank for 40-46 Gold Street, Financial District, Manhattan on October 21, 2021.
Latest Stories:
• Carlyle Group pays $32.1M to Werber Real Estate for 17-unit rental in Gowanus (April 22, 2025)
• Werber Management borrows $16M from Signature Bank for property in Astoria (January 20, 2020)
Properties: