Isaac Chetrit

AB & Sons Group

(AB & Sons)

Owner

25 West 36th Street 2nd Floor New York, NY 10018

Isaac Chetrit

AB & Sons Group|Isaac Chetrit NYC portfolio

$864.7 million -office 48%, industrial 17%, mixed-use 16%; Manhattan 82%, Brooklyn 17%*

271th largest portfolio by dollar value

738,280 sqft – office 77%, mixed-use 13%, industrial 4%; Manhattan 94%, Brooklyn 5%

622th largest by SF

9 properties – Manhattan 77%, Brooklyn 22%

1117th largest

547 residential units – Brooklyn 53%, Manhattan 46%

559th largest by residential units

2 foreclosures, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Borrower signatory: 2 for $28.6 million

Top Ten Associated Companies:

Signature Bank (2), Valley National Bank (2), Leser Group (1), Morgan Stanley (1), Seymour Israel (1), OceanFirst Bank (1), Maverick Real Estate Partners (1), Jack Elo (1), Webster Bank (1)

Top Ten Associated People:

Oren Sapirstein (2), Abraham Leser (1), Seymour Israel (1), AnnMarie Sorena (1), Victor Brown (1), Jack Elo (1), Roger Rofe (1), Michael Savarese (1), Elizabeth Arato (1)

Recent activity as signatory:

• AB & Sons Group borrowed $8.2 million from Morgan Stanley for 27 West 36 Street on February 03, 2025.

• AB & Sons Group and Jacob Aini borrowed $20.3 million from Webster Bank for 315 West 35 Street on December 30, 2024.

• Maverick Real Estate Partners on February 22, 2024 bought a loan with an original principal of $14.3 million from Blackstone Group, secured by 447 Broadway, when owned by AB & Sons.

• Sioni Group borrowed $47 million from Valley National Bank for 989-991 Sixth Avenue and 993 Sixth Avenue, Garment District, Manhattan on August 09, 2023.

• Sioni Group, Eli Chetrit, Isaac Chetrit and AB & Sons borrowed $31 million from Valley National Bank for 989 Avenue Of The Americas and 993 Avenue Of The Americas, Garment District, Manhattan on July 28, 2022.

• Payman Yadidi, Isaac Chetrit, Eli Chetrit, David Chetrit, Chim Tob Chetrit and Zuda Chetrit borrowed $62 million from Signature Bank for 26 West 48 Street on June 23, 2022.

• Chetrit Organization borrowed $20 million from OceanFirst Bank for 59-10 Decatur Street on April 15, 2022.

• Leser Group sold 101 Fleet Place for $42.8 million to Jay Group on December 09, 2021.

• Ray Yadidi sold 19 West 47 Street for $110 million to Jack Elo on December 10, 2020.

• Seymour Israel sold 1929 Avenue Y for $15.5 million to Isaac Chetrit on August 28, 2020.