Steven Neuman

Coltown Properties

Owner

85 Delancey St. New York, NY 10002

233 W Route 59 , Nanuet, NY 10954

Coltown Properties NYC portfolio

$180.9 million* – elevator 58%, retail 14%, condo 9%; Manhattan 73%, Brooklyn 26%

841th largest portfolio by dollar value

718,727 sqft – elevator 84%, walkup 9%, condo 2%;

462th largest by SF

12 properties – Manhattan 66%, Brooklyn 33%

655th largest

600 residential units – Manhattan 60%, Brooklyn 39%

393th largest by residential units

Notes

“Coltown Properties is a privately held, New York-based real estate company founded by Israel Weinberger, Steven Neuman and Jonathan Weinberger,” according to Real Esate Weekly from 2021.

Person Activity past 24 months:

Seller signatory: 1 for $16.5 million

Developer (new building or major alteration): 5 for 0 square feet

Top Ten Associated Companies:

Camber Property Group (7), New York Community Bank (5), Connectone Bank (1), Berkadia Commercial Mortgage (1), New Empire Corp. (1), James Equities (1), Services for the Underserved (1), Signature Bank (1), Tracy Cohen (1)

Top Ten Associated People:

John Feijoo (4), Bentley Shang Zhao (1), Douglas Walerstein (1), Alan L. Kaufman (1), Paul Kotronis (1), Tracy Cohen (1)

Recent activity as signatory:

• Steven Neuman sold 2435 Frederick Douglass Boulevard, Harlem, Manhattan for $16.5 million to James Equities and Services for the Underserved on September 12, 2024.

• Coltown Properties borrowed $5 million from New York Community Bank for 2391 Bedford Avenue, Flatbush, Brooklyn on May 01, 2022.

• Coltown Properties borrowed $5.7 million from New York Community Bank for 1202-1212 Avenue K, Midwood, Brooklyn on May 01, 2022.

• Steven Neuman sold 765 Flatbush Avenue, 21 Lenox Road, 757 Flatbush Avenue, 763 Flatbush Avenue, and 761 Flatbush Avenue, Flatbush, Brooklyn for $18 million to New Empire Corp. on October 24, 2022.

• Israel Weinberger, Steven Neuman and Coltown Properties borrowed $13 million from New York Community Bank for 100 West 93rd Street, Upper West Side, Manhattan on October 28, 2020.

• Steven Neuman borrowed $20.1 million from New York Community Bank for 3660 Waldo Avenue, Kingsbridge, Bronx on June 16, 2022.

• Coltown Properties borrowed $19.4 million from Signature Bank for 55 Linden Boulevard and 45 Linden Boulevard, Flatbush, Brooklyn on March 10, 2022.

• Coltown Properties borrowed $48 million from Berkadia Commercial Mortgage for 410 St Nicholas Avenue, Harlem, Manhattan on October 26, 2021.

• Coltown Properties borrowed $20 million from Connectone Bank for 685 Lenox Avenue, 691 Lenox Avenue, 112 West 145th Street, 122 West 145th Street, and 150 West 145th Street, Central Harlem, Manhattan on May 25, 2021.

• Tracy Cohen sold 112 West 145th Street, Central Harlem, Manhattan for $6 million to Coltown Properties on May 25, 2021.