Gina Sutt Malul
Safra National Bank
(J. Safra Real Estate, Safra National Bank of New York)
Owner
550 5th Ave New York, NY 10036-5007
Safra National Bank NYC portfolio
$55.4 million -mixed-use 72%, office 27%; Manhattan 99%*
2106th largest portfolio by dollar value
26,200 sqft – office 60%, mixed-use 39%; Manhattan 100%
4485th largest by SF
3 properties – Manhattan 100%
2768th largest
Person Activity past 24 months:
Buyer signatory: 2 for $47.4 million
Seller signatory: 2 for $61.7 million
Borrower signatory: 1 for $11.2 million
Top Ten Associated Companies:
Banque J. Safra Sarasin (1), Ashkenazy Acquisition (1), 101 Holdings (1), Wharton Properties (1), Michael Ostad (1), Edward Ostad (1), Alo Yoga (1), Longchamp (1)
Top Ten Associated People:
Mathieu Beaumont (1), Jules Moor (1), Ben Ashkenazy (1), Michael Ashkenazy (1), Jeff Sutton (1), Michael Ostad (1), Ju Hwan Oh (1), Olivier Cassegrain (1)
Recent activity as signatory:
• Longchamp sold None for $40 million to J. Safra Real Estate on March 19, 2026.
• J. Safra Real Estate sold 142 Spring Street for $43.7 million to Alo Yoga on January 15, 2026.
• J. Safra Real Estate sold 161 Prince Street for $18 million to Michael Ostad and Edward Ostad on January 13, 2026.
• JSRE Acquisitions borrowed $11.2 million from Banque J. Safra Sarasin for 21 East 62 Street on November 08, 2024.
• Ashkenazy Acquisition, 101 Holdings and Wharton Properties sold 21 East 62 Street for $7.4 million to JSRE Acquisitions on October 10, 2024.
Latest Stories:
• J. Safra Real Estate pays $40M to Longchamp for Madison Ave. retail in Lenox Hill (March 23, 2026)
• J. Safra Real Estate sells office, retail building in SoHo for $43.7M (January 23, 2026)
• Michael Ostad pays $18M to J. Safra Real Estate for two walkups in SoHo (January 22, 2026)