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
$390.3 million -walkup 39%, mixed-use 31%, elevator 25%; Manhattan 51%, Brooklyn 35%, Bronx 9%*
561th largest portfolio by dollar value
769,263 sqft – walkup 41%, elevator 37%, mixed-use 17%; Manhattan 53%, Brooklyn 25%, Bronx 15%
602th largest by SF
62 properties – Brooklyn 58%, Manhattan 30%, Bronx 9%
136th largest
782 residential units – Manhattan 59%, Brooklyn 22%, Bronx 12%
414th 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), New York Community Bank (4), Danielle Downing (4), Suzanne Castagna (2), Amalgamated Bank (1), John Delsoin (1), Son Dinh Tran (1), Rhoda Crane (1), Michael Crane (1), Flatiron Realty Capital (1)
Top Ten Associated People:
Danielle Downing (4), Suzanne Castagna (2), John Delsoin (1), Son Dinh Tran (1), David M. Repetto (1), Bongju Shim (1), Ann Hwa Yup Shim (1), Frank Fea (1), Fred Abi-Hassoun (1), Matthew Becker (1)
Recent activity as signatory:
• Rhoda Crane and Michael Crane sold 1739 2 Avenue for $4.4 million to Edward Ostad on February 10, 2025.
• Michael Ostad and Edward Ostad borrowed $7.2 million from Flatiron Realty Capital for 1739 2 Avenue on February 10, 2025.
• Allegrino Sale sold 433 Court Street for $5.7 million to Edward Ostad on November 26, 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.
• Suzanne Castagna sold 98 Graham Avenue for $3.5 million to Edward Ostad on October 30, 2024.
• Edward Ostad borrowed $10 million from Citibank for 817 9 Avenue on June 11, 2024.
• Danielle Downing sold 723 11 Avenue for $5 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.
• Edward Ostad borrowed $14.5 million from Amalgamated Bank for 714 Greenwich Street 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: