Werwaiss Properties
(Werwaiss & Co., Werwaiss & Company)
22-15 43rd Ave Suite 300, Long Island City, NY 11101
People:
Werwaiss Properties NYC portfolio
$223.1 million* – industrial 65%, elevator 33%, development 1%; Queens 100%
726th largest portfolio by dollar value
145,088 sqft – elevator 97%, industrial 2%;
1557th largest by SF
4 properties – Queens 100%
1760th largest
397 residential units – Queens 100%
560th largest by residential units
Company Activity past 24 months:
Seller company: 2 for $13.9 million
Borrower company: 1 for $55.6 million
Top Ten Associated Companies:
Apollo Global Management (1), Terreno Realty Corporation (1), JPMorgan Chase (1), AIG (1), ZD Jasper Realty (1), Payam Kermanian (1)
Top Ten Associated People:
Jeffrey Horowitz (1), Hayes Graham (1), Zhi Dong Wu (1), Payam Kermanian (1)
Recent activity as company:
• Werwaiss Properties borrowed $55.6 million from Apollo Global Management for 25-34 Jackson Avenue, Long Island City, Queens on May 22, 2025.
• Werwaiss Properties sold 20-04 33rd Street, Ditmars Steinway, Queens for $6.3 million to Payam Kermanian on February 11, 2025.
• Werwaiss Properties sold 48-29 31st Place, Long Island City, Queens for $7.6 million to Terreno Realty Corporation on December 05, 2024.
• Werwaiss Properties borrowed $110 million from AIG for 23-02 42nd Road and N/A 42nd Road, Long Island City, Queens on March 06, 2023.
• Werwaiss Properties sold 45-11 Davis Street, Long Island City, Queens for $7.7 million to ZD Jasper Realty on January 27, 2022.
• Werwaiss Properties borrowed $55.6 million from JPMorgan Chase for 27-10 Jackson Avenue and 25-36 Jackson Avenue, Long Island City, Queens on July 28, 2021.
• Werwaiss Properties for Gretchen Werwaiss filed plans for new building for 229,495 sqft in Long Island City, Queens, on July 15, 2021.
• Werwaiss Properties for John W. Werwaiss filed plans for new building for 117,547 sqft in Long Island City, Queens, on March 02, 2020.
Latest Stories:
• Terreno Realty pays $7.6M to Werwaiss for LIC industrial (December 16, 2024)
• ZD Jasper pays $7.7M to expand dev site footprint in Long Island City (February 10, 2022)
Properties: