Ido Paul Amit

Sterling Town Equities

Owner

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Sterling Town Equities|Ido Paul Amit NYC portfolio

$125.7 million -elevator 66%, industrial 29%, walkup 3%; Brooklyn 100%*

1422th largest portfolio by dollar value

231,579 sqft – elevator 77%, industrial 10%, walkup 7%; Brooklyn 100%

1500th largest by SF

12 properties – Brooklyn 100%

934th largest

169 residential units – Brooklyn 100%

1354th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Notes

Contact details not found

Person Activity past 24 months:

Buyer signatory: 1 for $11.7 million

Borrower signatory: 1 for $30 million

Top Ten Associated People:

Mordechai Braun (1), Richard Lam (1), Steven Brauser (1), Cynthia Eckes (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 signs $30M construction loan with Valley for 2 conversions in Prospect Heights (April 24, 2026)

• 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)

• Orange Management buys out partner at dev site in Gowanus through $21M transaction (September 14, 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)

• Sterling Town signs $14.4M refi with Morgan Stanley for 35-unit elevator building in Clinton Hill (January 26, 2022)

Properties:

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