Abraham Grunhut

(Abe Greenhut, Abraham Greenhut, Abe Green)

Abraham Grunhut

(Abe Greenhut, Abraham Greenhut, Abe Green)

Owner

199 Lee Ave Suite 1000 Brooklyn, NY 11211

94 Walworth St Brooklyn, NY 11205

Greenrock Management

Abraham Grunhut|Greenrock Management NYC portfolio

$193 million -walkup 55%, elevator 19%, condo 6%; Brooklyn 86%, Manhattan 6%, Bronx 5%*

1004th largest portfolio by dollar value

341,869 sqft – walkup 67%, elevator 16%, mixed-use 8%; Brooklyn 84%, Bronx 10%, Manhattan 3%

1116th largest by SF

49 properties – Brooklyn 91%, Bronx 4%, Manhattan 2%

191th largest

411 residential units – Brooklyn 85%, Bronx 13%, Queens 1%

689th largest by residential units

3 foreclosures, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Borrower signatory: 2 for $18.4 million

Developer (new building or major alteration): 6 for 0 square feet

Top Ten Associated Companies:

Signature Bank (3), Customers Bank (2), Goldman Sachs (2), Read Property Group (1), Chetrit Group (1), Northeast Bank (1), Popular Bank (1), Greystone & Co. (1), Bridge Investment Group (1), KeyBank (1)

Top Ten Associated People:

Robert Wolf (1), Greg Fantauzzi (1), Wendy Scarlett (1), Kenneth Stagnari (1), Gregory Fantauzzi (1), Will Waters (1), Jeehae Lee (1), Joseph Tinti (1), Carter Martin (1)

Recent activity as signatory:

• Abraham Grunhut borrowed $9.5 million from Customers Bank for 1589 Broadway on December 18, 2024.

• Abraham Grunhut borrowed $8.9 million from Customers Bank for 63 Downing Street, Greenwich Village, Manhattan on August 19, 2024.

• Abraham Grunhut borrowed $9 million from Popular Bank for 1589 Broadway on March 30, 2023.

• Abraham Grunhut and Abraham Lipschitz borrowed $9.1 million from Northeast Bank for 63 Downing Street, Greenwich Village, Manhattan on July 28, 2022.

• Bridge Investment Group sold 63 Downing Street, Greenwich Village, Manhattan for $13 million to Abraham Grunhut and Abraham Lipschitz on July 28, 2022.

• Read Property Group and Chetrit Group sold 487 Keap Street for $36.3 million to Abraham Grunhut on June 02, 2022.

• Abraham Grunhut borrowed $28 million from KeyBank for 487 Keap Street on June 02, 2022.

• Abraham Greenhut filed plans for new building for 25,502 sqft in Bushwick, Brooklyn, on March 16, 2022.

• Abraham Grunhut borrowed $20 million from Signature Bank for 291 Metropolitan Avenue and 291 Metropolitan Avenue, Williamsburg, Brooklyn on January 13, 2022.