Michael Capasso
(Michael A. Capasso)
C.A.C. Industries
54-08 Vernon Boulevard Long Island City, NY 11101
C.A.C. Industries NYC portfolio
$73.7 million -industrial 66%, development 18%, office 10%; Queens 100%*
1830th largest portfolio by dollar value
61,720 sqft – industrial 59%, office 39%, specialty 1%; Queens 100%
3126th largest by SF
6 properties – Queens 100%
1693th largest
Person Activity past 24 months:
Buyer signatory: 1 for $9 million
Borrower signatory: 2 for $38.2 million
Top Ten Associated Companies:
Teamsters Local 810 (1), Dime Bank (1), Sheldon Schiff (1), Customers Bank (1), M&T Bank (1)
Top Ten Associated People:
Michael Smith (1), Sheldon Schiff (1), Elizabeth Arato (1)
Recent activity as signatory:
• C.A.C. Industries borrowed $29.2 million from Customers Bank for 107-10 180 Street on June 30, 2026.
• Teamsters Local 810 sold 37-45 24 Street for $9 million to C.A.C. Industries on March 12, 2025.
• C.A.C. Industries borrowed $9 million from Dime Bank for 37-45 24 Street on March 12, 2025.
• C.A.C. Industries borrowed $15 million from M&T Bank for 38-20 Railroad Avenue on December 01, 2021.
• Sheldon Schiff sold 107-10 180 Street for $13.8 million to C.A.C. Industries on November 10, 2021.