Nathan Obstfeld

(Nuchem Obstfeld)

Owner

Nathan Obstfeld portfolio

$50.7 million* – walkup 72%, elevator 25%; Brooklyn 60%, Manhattan 33%

942th largest portfolio by dollar value

337,524 sqft – walkup 67%, elevator 30%;

839th largest by SF

15 properties – Brooklyn 53%, Manhattan 33%

595th largest

364 residential units – Brooklyn 56%, Manhattan 24%

567th largest by residential units

Notes

Commercial name is Nathan Obstfeld, but signs as Nuchem Obstfeld.

Person Activity past 24 months:

Buyer signatory: 2 for $24.8 million

Seller signatory: 1 for $6.8 million

Borrower signatory: 3 for $27.4 million

Developer (new building or major alteration): 1.0 for 0 square feet

Top Ten Associated Companies:

Jonah Kriger (3), Signature Bank (2), Customers Bank (2), Fredrick Marolda (1), Hooshang Sohayegh (1), New York Community Bank (1), Alan Goldman (1), Hakimian Partners (1), Leopold Kaufman (1), James Tenaglia (1)

Top Ten Associated People:

Jonah Kriger (3), Gregory Fantauzzi (2), Robert Muffly (1), Douglas Nagel (1), Hooshang Sohayegh (1), Alan L. Kaufman (1), Alan Goldman (1), Daniel Nadri (1), Leopold Kaufman (1), James Tenaglia (1)

Recent activity as company:

Nathan Obstfeld sold 524 West 134th Street, Harlem, Manhattan for $6.8 million to Aron Stark on November 19, 2024.

Nuchem Obstfeld borrowed $9 million from Customers Bank for 442 Lorimer Street, Williamsburg, Brooklyn on October 10, 2024.

Related Companies sold 442 Lorimer Street, Williamsburg, Brooklyn for $12 million to Nuchem Obstfeld on October 10, 2024.

Nuchem Obstfeld borrowed $9.4 million from Customers Bank for 70 Wyckoff Avenue, Bushwick, Brooklyn on August 05, 2024.

Nuchem Obstfeld borrowed $9 million from Hakimian Partners for 70 Wyckoff Avenue, Bushwick, Brooklyn on May 10, 2024.

Alan Goldman sold 70 Wyckoff Avenue, Bushwick, Brooklyn for $12.8 million to Nuchem Obstfeld on May 10, 2024.

Jonah Kriger sold 153 Avenue A, East Village, Manhattan for $5 million to Nuchem Obstfeld on January 03, 2023.

Jonah Kriger sold 413 East 9th Street, East Village, Manhattan for $6.4 million to Nuchem Obstfeld on December 30, 2022.

Nuchem Obstfeld borrowed $13.5 million from Signature Bank for 141 Avenue A and 438 East 9th Street, East Village, Manhattan on December 28, 2022.

Jonah Kriger sold 141 Avenue A and 438 East 9th Street, East Village, Manhattan for $18 million to Nuchem Obstfeld on December 28, 2022.

Latest Stories:

• Aron Stark pays $6.8M to Nathan Obstfeld for 24-unit walkup in Harlem (November 20, 2024)

• Nathan Obstfeld pays $12M to Related for 53-unit walkup in Williamsburg (October 11, 2024)

• Nuchem Obstfeld pays $12.8M for 52-unit rental in Bushwick (May 13, 2024)

• Leopold Kaufman signs $31.1M construction loan with Popular Bank for 101-unit development in East Harlem (January 04, 2023)

• Nathan Obstfeld pays $6.4M to Jonah Kriger for 24-unit walkup in East Village, part of $29M deal (January 03, 2023)

• Nathan Obstfeld pays $18M for two walkups in East Village, part of $29M deal (December 29, 2022)

• Leopold Kaufman pays $13.5M for dev site in East Harlem with plans for 101-unit building (December 23, 2022)

• Nuchem Obstfeld pays $13.3M to Fredrick Marolda for 23-unit elevator building in Williamsburg (February 01, 2022)

• 9-family at 1984 Third Avenue in East Harlem sells for $3.5M (December 21, 2020)

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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