Kel Lumaj
Atlantis Development
1602 Hering Avenue Bronx NY 10461
2068 Tenbroeck Ave Bronx, NY 10461
Atlantis Development NYC portfolio
$87 million -development 87%, industrial 11%; Bronx 97%, Queens 2%*
1631th largest portfolio by dollar value
12,070 sqft – industrial 100%; Bronx 79%, Queens 20%
5821th largest by SF
13 properties – Bronx 76%, Queens 23%
815th largest
93 residential units – Bronx 100%
1881th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $3.9 million
Borrower signatory: 1 for $22.8 million
Top Ten Associated Companies:
NorthEast Community Bank (1), Children’s Aid (1)
Top Ten Associated People:
Raymond L. Francis (1), Phoebe Boyer (1)
Recent activity as signatory:
• Atlantis Development borrowed $22.8 million from NorthEast Community Bank for 1916 Longfellow Avenue on March 24, 2026.
• Children’s Aid sold 1222 Southern Boulevard for $3.9 million to Atlantis Development on October 27, 2025.