Home › Lists › Most Leveraged NYC Landlords & Buildings

Most Leveraged NYC Landlords & Buildings

The most leveraged landlords and buildings in New York City, ranked by estimated outstanding mortgage debt from recorded ACRIS filings. The most indebted owners — those carrying the heaviest recorded leverage across their portfolios — are often the most motivated to sell or refinance. 100 entries, ranked.

#	Owner	Properties	Est. debt
1	SM I MMS, L.L.C.	19	$2.05B
2	TOWNHOUSE RENTAL II, L.L.C.	291	$611.89M
3	NEW YORK UNIVERSITY	16	$398.26M
4	CORNELL UNIVERSITY	2	$334.89M
5	ACI VI DENIZEN LLC	2	$328.9M
6	407 PARK AVENUE LLC	2	$293.01M
7	THE CITY UNIVERSITY OF NEW YORK	3	$267.93M
8	720 FIFTH USA, LLC	2	$266.5M
9	685 1ST AVE, LLC	2	$253.24M
10	S.K.I. REALTY, INC.	3	$233.23M
11	NEW YORK CITY SCHOOL CONSTRUCTION AUTHORITY	15	$217.26M
12	LES ESSEX CROSSING HOLDINGS ACQUISITION LLC	4	$154.04M
13	GO DEY LLC	2	$143.33M
14	356W58 GROUND LESSOR LLC	3	$136.77M
15	HP MJM HOUSING DEVELOPMENT FUND COMPANY, INC.	10	$126.49M
16	HILTON RESORTS CORPORATION	2	$126.12M
17	CHANCERY LANE LLC	2	$102.38M
18	PARK ROW OWNER LLC	6	$92.3M
19	VERIZON NEW YORK INC.	4	$85.36M
20	500 PARK COMMERCIAL OWNER LLC	2	$84.5M
21	THE NEW SCHOOL	2	$84.33M
22	GIC QUEENS LLC	2	$83.53M
23	NEW YORK SOCIETY FOR THE RELIEF OF THE RUPTURED	3	$82.77M
24	360 WEST BROADWAY PROPERTY OWNER LLC	2	$78.81M
25	METROPOLITAN TRANSPORTATION AUTHORITY	5	$77.66M
26	42ND STREET GORP PROPERTY LLC	3	$76.1M
27	GREENBROOK THR OWNER II, L.L.C.	38	$75.41M
28	SANDOR D. KRAUSS, AS TRUSTEE	5	$70.68M
29	SKY 65 FRANKLIN LLC	3	$70.68M
30	NEIGHBORHOOD RENEWAL HOUSING DEVELOPMENT FUND CORP	12	$69.55M
31	FRIAR PARK JW CONDO LLC	18	$68.33M
32	BANDO GENY 2 LLC	2	$68.01M
33	MI 8787 LLC	4	$63.51M
34	CUBESMART, L.P.	2	$63.38M
35	BOB 57 DEVELOPMENT, LLC	2	$62.4M
36	BEDFORD BEVERLY ACQUISITIONS LLC	2	$59.07M
37	GRAMERCY 252 OWNER LLC	5	$59.03M
38	FT GREENE TB HOUSING DEVELOPMENT FUND CORPORATION	2	$58.5M
39	JP REAL ESTATE GROUP USA	5	$55.92M
40	FEIL FULTON OWNER LLC	3	$55.51M
41	GARNETT BROOKLYN LLC	2	$53.63M
42	B9 COMMERCE OWNER LLC	2	$53.14M
43	220 CPS UNIT 64 LLC	2	$52.85M
44	GOWANUS PRESIDENT OWNER LLC	2	$52.21M
45	JP REAL ESTATE GROUP LIMITED	5	$49.28M
46	CP 79TH STREET LLC	2	$49.27M
47	220 CPS PH75 LP	2	$48.75M
48	251 EAST 77TH ST OWNER LP	2	$47.19M
49	STATE PRESERVATION L.P.	5	$45.88M
50	CSC 210 86TH PROP CO, LLC	2	$45.5M
51	NY HOTEL TRADES CNCL/HOTEL ASSOC NYC/HLTH CNTR INC	2	$45.18M
52	AUGUST 79 LLC	3	$45.06M
53	SOBRO LOCAL DEVELOPMENT CORPORATION	4	$44.69M
54	COMREF WILLIAMSBURG LOFTS LLC	2	$44.27M
55	ROYAL WASTE PROPERTY HOLDINGS, LLC	3	$43.65M
56	PACE UNIVERSITY	2	$43.58M
57	102 FLEET REALTY LLC	2	$40.63M
58	WB 137, LLC	5	$40.3M
59	XIN CAPITAL TIMES SQUARE LLC	2	$40.3M
60	CHEN, JIE	14	$40.08M
61	PARKVIEW RE HOLDINGS LLC	2	$39.88M
62	NYM 215 MOORE, LLC	6	$38.71M
63	THE NEW YORK CITY SCHOOL CONSTRUCTION AUTHORITY	4	$38.09M
64	THIRD STREET OWNER LLC	2	$37.7M
65	SHINKO CO., LTD.	3	$36.79M
66	NYM LTL, LLC	3	$36.43M
67	GC FULTON OWNER LLC	2	$35.75M
68	TARGAM NY LLC	2	$35.65M
69	TOWNHOUSE RENTAL, L.L.C.	7	$35.27M
70	CAROLINE PRESERVATION HOUSING DEV. FUND CORP.	2	$34.45M
71	ROSE LAVENDER GARDEN I, LLC	2	$34.37M
72	9C, LLC	3	$34M
73	242 EAST 71ST STREET OWNER LLC	2	$33.8M
74	JOBER UPPER RIVERSIDE LLC	12	$33.38M
75	ESTHER MANAGEMENT LLC	3	$33.15M
76	FLUSHING PRESERVATION L.P.	3	$32.88M
77	PACIFIC DEAN OWNER LLC	3	$32.86M
78	NORWORTH HOLDINGS LLC	3	$32.5M
79	TTC INVESTMENTS XV LLC	2	$31.2M
80	THE GARDEN HUE, LLC	2	$31.09M
81	GETTY INDUSTRIES LLC	6	$30.97M
82	MCB-OV C21 PROPERTY OWNER LLC	8	$30.87M
83	CHRISTIAN D. CURTIS, TRUSTEE	5	$30.85M
84	BH TILDEN LLC	2	$30.49M
85	51ST STREET FEE OWNER LLC	2	$30.42M
86	CSC 75 MAIDEN PROP CO LLC	2	$29.38M
87	BERGEN OWNER LLC	2	$28.86M
88	GMART NY 2022 LLC	6	$28.6M
89	62-64 THIRD AVE L.P.	4	$28.41M
90	FEDERAL NATIONAL MORTGAGE ASSOCIATION	19	$28.25M
91	MADISON AVE OWNER LLC	2	$28.03M
92	960 FRANKLIN LLC	2	$27.79M
93	HIGHBRIDGE WFLAH BRONX OWNER LLC	4	$27.77M
94	LAND FINANCE CORPORATION	2	$26.98M
95	MAJOR CAPITAL LLC	5	$26.93M
96	NYM 145 WOLCOTT, LLC	3	$26.21M
97	TOWNHOUSE RENTAL VII, L.L.C.	7	$26.08M
98	GLT HUDSON HOLDINGS, LLC	7	$26M
99	2784 LINDEN LLC	2	$26M
100	47TH STREET & 58TH ROAD LLC	3	$25.52M

The 25 most-leveraged NYC buildings

The individual buildings backing the largest recorded mortgages in New York City, by estimated debt. Ranking reflects recorded leverage in the public record — not a statement about any owner's financial condition. From the Crezly NYC CRE Leverage Report.

#	Building	Owner	Borough	Type	Est. debt
1	8 EAST 57 STREET	RXR 590 MADISON OWNER LLC	Manhattan	Commercial	$702M
2	441 NINTH AVENUE	FSP HUDSON COMMONS, LLC	Manhattan	Commercial	$671.45M
3	717 5 AVENUE	717 FIFTH AVE, LLC	Manhattan	Commercial	$625.95M
4	149 COLUMBUS AVENUE	SC CAMPUS OWNER LLC	Manhattan	Commercial	$605.15M
5	8 SPRUCE STREET	8 SPRUCE (NY) OWNER LLC	Manhattan	Multifamily	$604.5M
6	800 5 AVENUE	800 FIFTH AVE PROPERTY OWNER LLC	Manhattan	Multifamily	$526.5M
7	460 WEST 34TH STREET	601W TENTH OWNER LLC	Manhattan	Office	$526.44M
8	51 WEST 52ND STREET	51 W. OWNER, LP	Manhattan	Office	$494M
9	7 HANOVER SQUARE	CR SUNFLOWER FEE OWNER LLC	Manhattan	Commercial	$491.58M
10	22 THAMES STREET	125 GREENWICH OWNER LLC	Manhattan	Multifamily	$388.8M
11	1177 AVENUE OF THE AMER	1177 PROPERTY LLC	Manhattan	Office	$371.99M
12	980 MADISON AVENUE	980 MADISON AVENUE HOLDINGS LLC	Manhattan	Office	$364M
13	1334 YORK AVENUE	CORNELL UNIVERSITY	Manhattan	Commercial	$331.5M
14	19 DUTCH STREET	PONTE GADEA DUTCH, LLC	Manhattan	Multifamily	$316.88M
15	450 PARK AVENUE	450 PARK FEE OWNER LP	Manhattan	Office	$289.25M
16	724 5 AVENUE	PRADA USA CORP.	Manhattan	Commercial	$276.25M
17	160 RIVERSIDE BOULEVARD	160 RIVERSIDE BOULEVARD, LLC	Manhattan	Multifamily	$269.75M
18	523 EAST 72ND STREET	1 EAST RIVER LLC	Manhattan	Commercial	$266.5M
19	1261 2 AVENUE	265 EAST 66TH LLC	Manhattan	Multifamily	$261.71M
20	720 FIFTH AVENUE	720 FIFTH USA, LLC	Manhattan	Office	$258.31M
21	685 FIRST AVENUE	685 1ST AVE LLC	Manhattan	Commercial	$251.88M
22	549 BROADWAY	ESRT 555-557 BROADWAY, L.L.C.	Manhattan	Office	$250.9M
23	20 EXCHANGE PLACE	20 EXCHANGE PLACE OWNER, LLC	Manhattan	Commercial	$240.5M
24	260 SPRING STREET	SM I MMS, L.L.C.	Manhattan	Industrial	$239.01M
25	2 PARK AVENUE	HADSON 2 PARK AVE LLC	Manhattan	Office	$232.05M

Go deeper on any owner or building

Full portfolios, recorded debt, deeds, liens and off-market deal flow across NYC.

Open the Crezly Data Suite →

Compiled by Crezly from New York City public records (ACRIS, PLUTO). Debt figures are estimates from recorded mortgages and may not reflect paydowns or the most recent transactions. Not legal, financial or investment advice.

Most Leveraged NYC Landlords & Buildings

The 25 most-leveraged NYC buildings

Related

Go deeper on any owner or building

Crezly.

Marketplace & Deals

Data & Intelligence

Resources

Company