Michael Schlegel
Sparky Capital
Owner
Sparky Capital|Michael Schlegel NYC portfolio
$22.9 million -condo 54%, office 45%; Brooklyn 99%*
3303th largest portfolio by dollar value
33,451 sqft – condo 62%, office 37%; Brooklyn 100%
4136th largest by SF
3 properties – Brooklyn 100%
2981th largest
304 residential units – Brooklyn 100%
845th largest by residential units
Person Activity past 24 months:
Developer (new building or major alteration): 3 for 0 square feet
Top Ten Associated Companies:
Popular Bank (1), Signature Bank (1)
Recent activity as signatory:
• Sparky Capital borrowed $5.1 million from Signature Bank for 100 Livingston Street on July 19, 2022.
• Michael Schlegel borrowed $10.6 million from Popular Bank for 305 UNION AVNUE, 305 UNION AVNUE, 305 UNION AVNUE, 305 UNION AVNUE, 305 UNION AVNUE, and others, Williamsburg, Brooklyn on September 30, 2020.
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