Dino Tomassetti Jr.
(Dino Tomassetti)
Asset Realty & Construction Group
Developer, Owner
1590 Troy Avenue, Brooklyn, NY 11234
Asset Realty & Construction Group|Dino Tomassetti Jr. NYC portfolio
$52.8 million -elevator 50%, development 49%; Bronx 50%, Queens 49%*
2206th largest portfolio by dollar value
49,563 sqft – elevator 100%; Bronx 100%
3506th largest by SF
2 properties – Bronx 50%, Queens 50%
3765th largest
66 residential units – Bronx 100%
2302th largest by residential units
Person Activity past 24 months:
Seller signatory: 1 for $2 million
Borrower signatory: 1 for $20 million
Developer (new building or major alteration): 7 for 30,549 square feet
Top Ten Associated Companies:
Thomas Polsinelli (2), Columbia Bank (1), Investors Bank (1), Jack Aini (1), Criterion Group (1), LBA Realty (1), Solomon Fried (1), 1st Constitution Bank (1), JPMorgan Chase (1), Bankwell Bank (1)
Top Ten Associated People:
Thomas Polsinelli (2), Yung Ching Siu (1), Steven R. Layton (1), Solomon Fried (1), Lisa A. Borghese (1), Liam Dougherty (1), Michael Sulkis (1), Kathleen Tomassetti (1)
Recent activity as signatory:
• Asset Realty & Construction Group borrowed $20 million from Bankwell Bank for 3160 Villa Avenue on June 30, 2026.
• Asset Realty & Construction Group sold 130 Beach 137 Street for $2 million to Kathleen Tomassetti on March 19, 2025.
• Thomas Polsinelli borrowed $13.2 million from Arbor Realty Trust for 114-06 Rockaway Beach Boulevard, 114-30 Rockaway Beach Boulevard, 114-06 Rockaway Beach Boulevard, 114-30 Rockaway Beach Boulevard, 114-06 Rockaway Beach Boulevard, and others, Rockaway Park, Queens on March 13, 2025.
• Asset Realty & Construction Group sold 902 East 92 Street for $4.5 million to Solomon Fried on May 16, 2024.
• Asset Realty & Construction Group sold 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, 114-30 Rockaway Beach Boule, 114-06 Rockaway Beach Boule, and others, Rockaway Park, Queens for $13.5 million to Thomas Polsinelli on February 27, 2024.
• Asset Realty & Construction Group borrowed $19.7 million from Columbia Bank for Railroad avenue on December 01, 2023.
• Dino Tomassetti Jr. and Irene Tomassetti borrowed $26 million from JPMorgan Chase for 220 5 Avenue on August 30, 2023.
• Asset Realty & Construction Group sold 215 Beach 101 Street for $5.8 million to Jack Aini on August 31, 2022.
• Asset Realty & Construction Group sold 190 Beach 102 Street for $3.8 million to Thomas Polsinelli on August 30, 2022.
• Asset Realty & Construction Group sold Boston road for $5.8 million to Criterion Group on December 01, 2021.
Latest Stories:
• Stellar Management signs $80M refi with Lone Star Funds for office in NoMad (March 28, 2025)
• Thomas Polsinelli pays $13.5M to Asset Realty for two rentals in Rockaway Park (March 14, 2024)
• Dino Tomassetti Jr. signs $26M refi for fee under NoMad office (September 12, 2023)
• Criterion Group pays $5.8M to Asset Realty for development site in Eastchester (December 20, 2021)
• Commercial and logistics firm LBA Realty pays $26M for vacant land in Maspeth (June 09, 2020)