Albert Rabizadeh
Global Asset Properties
(Global Asset Management)
Owner
Family Office
122 E. 42nd Street Suite 2405 New York, NY 10168
Global Asset Properties NYC portfolio
$123.7 million -condo 41%, retail 39%, mixed-use 10%; Manhattan 53%, Bronx 38%, Brooklyn 8%*
1321th largest portfolio by dollar value
128,849 sqft – retail 42%, condo 34%, industrial 13%; Bronx 41%, Manhattan 38%, Brooklyn 19%
2052th largest by SF
22 properties – Manhattan 41%, Brooklyn 34%, Bronx 24%
467th largest
9 residential units – Manhattan 66%, Brooklyn 33%
4930th largest by residential units
2 foreclosures, 0 bankruptcies, 1 other court case.
Other Links:
Person Activity past 24 months:
Buyer signatory: 5 for $53.3 million
Seller signatory: 5 for $50.8 million
Borrower signatory: 7 for $52 million
Top Ten Associated Companies:
Columbia Capital (2), China Institute in America (2), Citibank (2), Basilios Vassos (1), Sun Tuen Wong (1), Vanbarton Group (1), Alembic Community Development (1), Tessler Developments (1), Haussmann Development (1), Pacific National Bank (1)
Top Ten Associated People:
Tracey Spiritus (2), Basilios Vassos (1), Sun Tuen Wong (1), Justin B. Kleinman (1), Dawn Valentine (1), Benjamin Warnke (1), David Goldwasser (1), Jason Wang (1), Shlomo Karpen (1), Bardhok Kodra (1)
Recent activity as signatory:
• Global Asset Properties sold 94 8 Avenue for $3.9 million to Jason Wang on March 26, 2026.
• Global Asset Properties borrowed $7.6 million from ARC Pe for 172 Madison Avenue and 172 Madison Avenue, Park Avenue South, Manhattan on March 10, 2026.
• Tessler Developments sold 172 Madison Avenue and 172 Madison Avenue, Park Avenue South, Manhattan for $10.1 million to Global Asset Properties on March 10, 2026.
• Global Asset Properties borrowed $3.9 million from ConnectOne Bank for None on January 28, 2026.
• Global Asset Properties borrowed $10.8 million from Citibank for 485 7th Avenue, 485 7th Avenue, 40 Rector St, and 40 Rector St, Garment District, Manhattan on January 16, 2026.
• HUBB NYC sold 350 West 42nd Street and 350 West 42nd Street, Hell’s Kitchen, Manhattan for $5.8 million to Global Asset Properties on December 19, 2025.
• Global Asset Properties borrowed $3.5 million from Pacific National Bank for 350 West 42nd Street and 350 West 42nd Street, Hell’s Kitchen, Manhattan on December 19, 2025.
• Global Asset Properties borrowed $5.4 million from Columbia Capital for 485 7th Avenue and 485 7th Avenue, Garment District, Manhattan on October 31, 2025.
• Lightstone Group sold 485 7th Avenue and 485 7th Avenue, Garment District, Manhattan for $7.7 million to Global Asset Properties on October 31, 2025.
• Global Asset Properties borrowed $15.4 million from Citibank for 200 East 62nd Street and 200 East 62nd Street, Lenox Hill, Manhattan on October 01, 2025.
Latest Stories:
• Global Asset Properties pays $10.1M for retail in Midtown South (April 07, 2026)
• Global Asset Properties pays $22M to Acadia for office, retail in Lenox Hill (October 21, 2025)
• Global Asset Properties pays $7.7M for two office condos in FiDi (September 05, 2025)
• Bardhok Kodra pays $8.9M to Global Asset Properties for dev site in East Harlem (August 18, 2025)
• Karpen, Strulovitch, Fridman pay $20M for dev site in East Flatbush (July 24, 2025)
• Haussmann Development pays $7.5M to Global Asset Properties for dev site in Harlem (May 13, 2025)
• Crescent Heights signs $18M refi with Citibank for retail in Lenox Hill (September 23, 2024)
Court Records:
