Gina Sutt Malul
Safra National Bank
(Safra National Bank of New York, J. Safra Real Estate)
Owner
550 5th Ave New York, NY 10036-5007
Safra National Bank NYC portfolio
$55.4 million -mixed-use 72%, office 27%; Manhattan 99%*
2264th largest portfolio by dollar value
26,200 sqft – office 60%, mixed-use 39%; Manhattan 100%
4681th largest by SF
3 properties – Manhattan 100%
2950th largest
Person Activity past 24 months:
Buyer signatory: 2 for $47.4 million
Seller signatory: 3 for $66.8 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), Sollevare Group (1), Longchamp (1), Michael Ostad (1), Edward Ostad (1), Alo Yoga (1)
Top Ten Associated People:
Mathieu Beaumont (1), Jules Moor (1), Ben Ashkenazy (1), Michael Ashkenazy (1), Jeff Sutton (1), Jake Movsovitz (1), Olivier Cassegrain (1), Michael Ostad (1), Ju Hwan Oh (1)
Recent activity as signatory:
• J. Safra Real Estate sold None for $5.1 million to Sollevare Group on July 01, 2026.
• 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)