Edward Ostad
Edward Ostad
Owner
60 Madison Avenue, Suite 101, New York, New York 10010
185 Madison Ave 10th Floor New York, NY 10016
Edward Ostad|Flatiron Realty Capital NYC portfolio
$389.8 million -walkup 40%, mixed-use 31%, elevator 25%; Manhattan 52%, Brooklyn 35%, Bronx 9%*
634th largest portfolio by dollar value
765,713 sqft – walkup 41%, elevator 37%, mixed-use 17%; Manhattan 53%, Brooklyn 25%, Bronx 15%
665th largest by SF
61 properties – Brooklyn 59%, Manhattan 31%, Bronx 8%
165th largest
782 residential units – Manhattan 59%, Brooklyn 22%, Bronx 12%
473th largest by residential units
59 foreclosures, 0 bankruptcies, 17 other court cases.
Notes
Edward Ostad invests in real estate, at times with his brother Michael, and is a lender through Flatiron Realty Capital.
Person Activity past 24 months:
Buyer signatory: 5 for $20.7 million
Borrower signatory: 2 for $17.2 million
Top Ten Associated Companies:
Signature Bank (7), Danielle Downing (4), New York Community Bank (4), Suzanne Castagna (2), Citibank (1), SMA Equities (1), Abingdon Square (1), Santander Bank (1), Allegrino Sale (1), Amalgamated Bank (1)
Top Ten Associated People:
Danielle Downing (4), Suzanne Castagna (2), Anna Gutteridge (1), Edward J. Bullard, Jr. (1), Benjamin Atkins (1), Gail Naviasky (1), Allegrino Sale (1), David M. Repetto (1), John Delsoin (1), Son Dinh Tran (1)
Recent activity as signatory:
• Michael Ostad and Edward Ostad borrowed $7.2 million from Flatiron Realty Capital for 1739 2 Avenue on February 10, 2025.
• Rhoda Crane and Michael Crane sold 1739 2 Avenue for $4.4 million to Edward Ostad on February 10, 2025.
• Allegrino Sale sold 433 Court Street for $5.7 million to Edward Ostad on November 26, 2024.
• Suzanne Castagna sold 98 Graham Avenue for $3.5 million to Edward Ostad on October 30, 2024.
• Related Companies sold 103 3 Place for $3.4 million to Edward Ostad on October 30, 2024.
• Suzanne Castagna sold 115 Seigel Street for $3.8 million to Edward Ostad on October 30, 2024.
• Edward Ostad borrowed $10 million from Citibank for 817 9 Avenue on June 11, 2024.
• Edward Ostad borrowed $14.5 million from Amalgamated Bank for 714 Greenwich Street on March 28, 2024.
• Danielle Downing sold 746 9 Avenue for $7.2 million to Edward Ostad on March 28, 2024.
• Danielle Downing sold 714 Greenwich Street for $4.4 million to Edward Ostad on March 28, 2024.
Latest Stories:
• Michael Ostad signs $28.8M refi for five walkups in Manhattan (December 05, 2025)
• Two Ostad brothers sue third to dissolve portfolio LLCs with $79.7M in debt (April 15, 2025)
• Edward Ostad pays $4.4M for 8-unit walkup on Yorkville corner (February 17, 2025)
• Edward Ostad pays $5.7M for two mixed-use, retail building in Carroll Gardens (December 20, 2024)
• Edward Ostad pays $3.4M to Related for 8-unit walkup in Carroll Gardens (November 22, 2024)
• Edward Ostad pays $7.25M for 3 buildings in Williamsburg (November 14, 2024)
• Son Dinh Tran signs $30M refi with Citibank for eight properties in NYC (August 13, 2024)
• Edward Ostad pays $21.9M for four walkups in Manhattan (April 01, 2024)
• Son Dinh Tran pays $4M for residential walkup in East Village (December 16, 2022)
Court Records: