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
$45.6 million* – development 57%, elevator 42%; Queens 57%, Bronx 42%
1970th largest portfolio by dollar value
49,563 sqft – elevator 100%;
2929th largest by SF
2 properties – Bronx 50%, Queens 50%
3208th largest
66 residential units – Bronx 100%
1892th largest by residential units
Person Activity past 24 months:
Seller signatory: 3 for $19.9 million
Borrower signatory: 2 for $45.7 million
Developer (new building or major alteration): 8 for 0 square feet
Top Ten Associated Companies:
Thomas Polsinelli (2), Columbia Bank (1), Investors Bank (1), Jack Aini (1), Criterion Group (1), LBA Realty (1), 1st Constitution Bank (1), Solomon Fried (1), JPMorgan Chase (1), Kathleen Tomassetti (1)
Top Ten Associated People:
Thomas Polsinelli (2), Yung Ching Siu (1), Steven R. Layton (1), Lisa A. Borghese (1), Solomon Fried (1), Liam Dougherty (1), Kathleen Tomassetti (1)
Recent activity as signatory:
• Asset Realty & Construction Group sold 130 Beach 137th Street, Belle Harbor, Queens for $2 million to Kathleen Tomassetti on April 02, 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 19, 2025.
• Asset Realty & Construction Group sold 900 East 92nd Street, Canarsie, Brooklyn for $4.5 million to Solomon Fried on June 03, 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 March 13, 2024.
• Asset Realty & Construction Group borrowed $19.7 million from Columbia Bank for N/A Rockaway Beach Blvd, Rockaway Beach, Queens on December 08, 2023.
• Dino Tomassetti Jr. and Irene Tomassetti borrowed $26 million from JPMorgan Chase for 218 5th Avenue, NoMad, Manhattan on September 11, 2023.
• Asset Realty & Construction Group sold 2-23 Beach 101st Street, Rockaway Beach, Queens for $5.8 million to Jack Aini on September 19, 2022.
• Asset Realty & Construction Group sold 192 Beach 102nd Street, Rockaway Beach, Queens for $3.8 million to Thomas Polsinelli on September 09, 2022.
• Asset Realty & Construction Group sold 3536 Peartree Avenue, Eastchester, Bronx for $5.8 million to Criterion Group on December 17, 2021.
• Dino Tomassetti filed plans for new building for 162,428 sqft in Rockaway Beach, Queens, on November 08, 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)
Properties: