Robert Cerrone
President
Park Construction Corp.
Owner, Developer
1836 Gilford Avenue New Hyde Park, NY 11040
Park Construction Corp. NYC portfolio
$71.6 million -elevator 70%, V1 20%, industrial 9%; Queens 100%*
1825th largest portfolio by dollar value
86,325 sqft – elevator 85%, industrial 11%, V1 3%; Queens 100%
2591th largest by SF
7 properties – Queens 100%
1483th largest
114 residential units – Queens 100%
1680th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $6.6 million
Borrower signatory: 1 for $11 million
Developer (new building or major alteration): 14 for 63,282 square feet
Top Ten Associated Companies:
TriState Capital Bank (2), Preferred Bank (1), Joseph Torres (1), Investors Bank (1), Young J. Ahn (1)
Top Ten Associated People:
Joseph I. Torres Jr. (1), Robert Gambitsky (1), Young J. Ahn (1)
Recent activity as signatory:
• Robert Cerrone filed plans for new building for 54,782 sqft in Long Island City, Queens, on May 21, 2025.
• Joseph Torres sold 38-26 32 Street for $6.6 million to Robert Cerrone on April 03, 2024.
• Robert Cerrone borrowed $11 million from Preferred Bank for 25-23 Newtown Avenue on March 26, 2024.
• Robert Cerrone filed plans for new building for 30,402 sqft in Astoria, Queens, on November 16, 2022.
• Young J. Ahn sold 25-23 Newtown Avenue for $4.8 million to Robert Cerrone on September 09, 2022.
• Robert Cerrone borrowed $11 million from TriState Capital Bank for 31-27 Crescent Street and 31-29 Crescent Street, Astoria, Queens on July 28, 2022.
• Park Construction Corp. borrowed $7 million from TriState Capital Bank for 30-82 Crescent Street on December 23, 2021.
• Park Construction Corp. borrowed $22.7 million from Investors Bank for None on August 06, 2021.
• Robert Cerrone filed plans for new building for 24,170 sqft in Astoria, Queens, on June 17, 2020.
• Robert Cerrone filed plans for new building for 42,838 sqft in Astoria, Queens, on December 14, 2015.
Latest Stories:
• Robert Cerrone signs $11M construction loan for 27-unit project in Astoria (May 10, 2024)
• Robert Cerrone of Park Construction buys bankrupt LIC dev site for $6.6M (April 10, 2024)
• Park Construction plans 27-unit project in Astoria (November 18, 2022)
• Park Construction signs $22.7M construction loan for development in Astoria (September 20, 2021)
• Robert Cerrone permitted for 32-unit residential building in LIC (August 26, 2020)
• Robert Cerrone files plans for a 30-unit residential building in Astoria (June 19, 2020)