Ido Paul Amit
Sterling Town Equities
Owner
Sterling Town Equities|Ido Paul Amit NYC portfolio
$126.1 million -elevator 66%, industrial 29%, walkup 3%; Brooklyn 100%*
1309th largest portfolio by dollar value
231,579 sqft – elevator 77%, industrial 10%, walkup 7%; Brooklyn 100%
1411th largest by SF
12 properties – Brooklyn 100%
856th largest
169 residential units – Brooklyn 100%
1270th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 1 for $11.7 million
Borrower signatory: 1 for $30 million
Top Ten Associated Companies:
Valley National Bank (1), Parkland Group (1), Morgan Stanley (1), Yanina Associates (1), Maxim Capital Group (1), Property Markets Group (1)
Top Ten Associated People:
Steven Brauser (1), Cynthia Eckes (1), Mordechai Braun (1), Richard Lam (1)
Recent activity as signatory:
• Sterling Town Equities borrowed $30 million from Valley National Bank for 111 Underhill Avenue on March 30, 2026.
• Parkland Group sold 111 Underhill Avenue for $11.7 million to Sterling Town Equities on August 02, 2024.
• Sterling Town Equities borrowed $15.6 million from Yanina Associates for 72 Box Street on February 27, 2024.
• Ido Paul Amit borrowed $16 million from Maxim Capital Group for 132 2 Street on February 25, 2022.
• Property Markets Group sold 132 2 Street for $21.6 million to Ido Paul Amit on February 25, 2022.
• Sterling Town Equities borrowed $14.4 million from Morgan Stanley for 101 Downing Street on February 28, 2017.
Latest Stories:
• Sterling Town Equities pays $11.7M for likely dev site in Prospect Heights (August 06, 2024)
• Joyland Group signs $66M construction loan with iCross Capital in Gowanus (March 06, 2024)
• Joyland Group pays $30.5M to Orange Management for dev site in Gowanus (September 28, 2023)
• Partnership dispute over Rotem Rosen’s $27.5M Gowanus parcel purchase offer (February 23, 2023)
• $21.6M paid to Property Markets Group for Orange Management dev site in Gowanus (March 14, 2022)