Efstathios Valiotis
(Steve Valiotis, Efstathios G. Valiotis)
Owner
Alma Realty
(Alma Realty Corp.)
Owner
Lender
Alma Realty NYC portfolio
$1.4 billion -elevator 64%, walkup 16%, office 10%; Manhattan 35%, Queens 32%, Brooklyn 28%*
149th largest portfolio by dollar value
7,445,375 sqft – elevator 67%, walkup 18%, office 9%; Manhattan 37%, Queens 30%, Brooklyn 26%
48th largest by SF
145 properties – Manhattan 50%, Queens 19%, Brooklyn 18%
34th largest
6,704 residential units – Manhattan 43%, Brooklyn 30%, Queens 20%
39th largest by residential units
1 foreclosure, 0 bankruptcies, 14 other court cases.
Other Links:
Person Activity past 24 months:
Seller signatory: 1 for $45 million
Borrower signatory: 6 for $336.5 million
Top Ten Associated Companies:
Deutsche Bank (4), Sentinel Real Estate (3), Ridgewood Savings Bank (3), Zions Bancorporation (2), Efstathios Valiotis (2), Bernard Muschel (1), Harry Silverstein family (1), JPMorgan Chase (1), First National Bank of Long Island (1), Provident Bank (1)
Top Ten Associated People:
Brian Ritter (3), Brian K. Bokor (2), David Addison (2), Anthony Pontoriero (2), Daniel Eisenberg (2), Lee Krantzow (1), Eric Silverstein (1), James Angoff (1), Timothy Donahoe (1), Ursula Flores (1)
Recent activity as signatory:
• Alma Realty borrowed $94.5 million from Zions Bancorporation for 208 Beach 108 Street on May 28, 2026.
• Alma Realty borrowed $83 million from Zions Bancorporation for 559 Prospect Place on April 14, 2026.
• Alma Realty borrowed $92.5 million from Deutsche Bank for 208 Beach 108 Street on December 30, 2025.
• Alma Realty borrowed $24 million from Deutsche Bank for 37-21 31 Street on October 31, 2025.
• Alma Realty sold 25-02 9 Street for $45 million to KS Group on March 21, 2025.
• Alma Realty borrowed $20.5 million from Deutsche Bank for 30-10 Northern Boulevard on January 10, 2025.
• Alma Realty borrowed $22 million from Provident Bank for 262 Taaffe Place on December 31, 2024.
• Alma Realty borrowed $122.2 million from Deutsche Bank for 34-46 Vernon Blvd and 34-46 Vernon Blvd, Astoria, Queens on June 21, 2024.
• Efstathios Valiotis filed plans for major alteration for 94,978 sqft in Washington Heights, Manhattan, on May 09, 2024.
• Alma Realty borrowed $8 million from Ridgewood Savings Bank for 666 West 188 Street on March 29, 2024.
• Alma Realty borrowed $8.3 million from Ridgewood Savings Bank for 92 Pinehurst Avenue, Washington Heights, Manhattan on March 29, 2024.
• Alma Realty borrowed $9.8 million from Ridgewood Savings Bank for 1785 East 18 Street on November 29, 2023.
• Sentinel Real Estate sold 1785 East 18 Street for $13.1 million to Alma Realty on November 29, 2023.
• Sentinel Real Estate sold 140 Clarkson Avenue for $5.1 million to Alma Realty on August 30, 2023.
• Alma Realty sold 624 East 187 Street for $4.3 million to Chestnut Holdings on May 25, 2023.
• Gulbor Rosenstock sold 4443 Broadway for $3.2 million to Alma Realty on May 22, 2023.
• Sentinel Real Estate sold 5008 Broadway for $10.6 million to Alma Realty on April 27, 2023.
• Alma Realty borrowed $14.8 million from First National Bank of Long Island for 220 Highland Boulevard on April 04, 2022.
• Alma Realty borrowed $12.2 million from JPMorgan Chase for 45-01 33 Street on February 18, 2022.
• Anthony Trupia sold 162 West 141 Street for $2.5 million to Alma Realty on January 04, 2022.
Latest Stories:
• Alma Realty signs $94.5M refi with Zions for 770 units in Rockaway Beach (June 11, 2026)
• Alma Realty signs $92.5M refi for 3 rentals in Rockaway Beach (January 13, 2026)
• Courts roundup: $32M LES bankruptcy; $25M LIC pre-foreclosure (May 06, 2025)
• KS Group signs $300M construction loan with S3 Capital for 4 projects in Astoria (April 18, 2025)
• Newark-based KS Group pays $45M to Alma for stake in Astoria project (April 07, 2025)
• Alma Realty signs $9.8M refi for two rentals in Upper Manhattan (September 23, 2024)
• Stagg Group signs $16.8M refi with Berkadia for 72-unit rental in West Farms (April 08, 2024)
Court Records: