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.

#OwnerPropertiesEst. debt
1SM I MMS, L.L.C.19$2.05B
2TOWNHOUSE RENTAL II, L.L.C.287$599M
3NEW YORK UNIVERSITY16$398.26M
4CORNELL UNIVERSITY2$334.89M
5ACI VI DENIZEN LLC2$328.9M
6720 FIFTH USA, LLC2$266.5M
7685 1ST AVE, LLC2$253.24M
8S.K.I. REALTY, INC.3$233.23M
9NEW YORK CITY SCHOOL CONSTRUCTION AUTHORITY15$217.26M
10LES ESSEX CROSSING HOLDINGS ACQUISITION LLC4$154.04M
11THE CITY UNIVERSITY OF NEW YORK2$137.33M
12356W58 GROUND LESSOR LLC3$136.77M
13HP MJM HOUSING DEVELOPMENT FUND COMPANY, INC.10$126.49M
14HILTON RESORTS CORPORATION2$126.12M
15CHANCERY LANE LLC2$102.38M
16PARK ROW OWNER LLC6$92.3M
17VERIZON NEW YORK INC.4$85.36M
18500 PARK COMMERCIAL OWNER LLC2$84.5M
19THE NEW SCHOOL2$84.33M
20GIC QUEENS LLC2$83.53M
21NEW YORK SOCIETY FOR THE RELIEF OF THE RUPTURED3$82.77M
22360 WEST BROADWAY PROPERTY OWNER LLC2$78.81M
23METROPOLITAN TRANSPORTATION AUTHORITY5$77.66M
2442ND STREET GORP PROPERTY LLC3$76.1M
25GREENBROOK THR OWNER II, L.L.C.38$75.41M
26SANDOR D. KRAUSS, AS TRUSTEE5$70.68M
27SKY 65 FRANKLIN LLC3$70.68M
28NEIGHBORHOOD RENEWAL HOUSING DEVELOPMENT FUND CORP12$69.55M
29BANDO GENY 2 LLC2$68.01M
30CUBESMART, L.P.2$63.38M
31BOB 57 DEVELOPMENT, LLC2$62.4M
32BEDFORD BEVERLY ACQUISITIONS LLC2$59.07M
33GRAMERCY 252 OWNER LLC5$59.03M
34FT GREENE TB HOUSING DEVELOPMENT FUND CORPORATION2$58.5M
35JP REAL ESTATE GROUP USA5$55.92M
36FEIL FULTON OWNER LLC3$55.51M
37GARNETT BROOKLYN LLC2$53.63M
38B9 COMMERCE OWNER LLC2$53.14M
39220 CPS UNIT 64 LLC2$52.85M
40GOWANUS PRESIDENT OWNER LLC2$52.21M
41JP REAL ESTATE GROUP LIMITED5$49.28M
42CP 79TH STREET LLC2$49.27M
43220 CPS PH75 LP2$48.75M
44251 EAST 77TH ST OWNER LP2$47.19M
45STATE PRESERVATION L.P.5$45.88M
46NY HOTEL TRADES CNCL/HOTEL ASSOC NYC/HLTH CNTR INC2$45.18M
47AUGUST 79 LLC3$45.06M
48SOBRO LOCAL DEVELOPMENT CORPORATION4$44.69M
49COMREF WILLIAMSBURG LOFTS LLC2$44.27M
50ROYAL WASTE PROPERTY HOLDINGS, LLC3$43.65M
51PACE UNIVERSITY2$43.58M
52CHEN, JIE14$40.65M
53102 FLEET REALTY LLC2$40.63M
54WB 137, LLC5$40.3M
55XIN CAPITAL TIMES SQUARE LLC2$40.3M
56PARKVIEW RE HOLDINGS LLC2$39.88M
57NYM 215 MOORE, LLC6$38.71M
58THE NEW YORK CITY SCHOOL CONSTRUCTION AUTHORITY4$38.09M
59THIRD STREET OWNER LLC2$37.7M
60NYM LTL, LLC3$36.43M
61GC FULTON OWNER LLC2$35.75M
62TARGAM NY LLC2$35.65M
63JOBER UPPER RIVERSIDE LLC13$35.42M
64TOWNHOUSE RENTAL, L.L.C.7$35.27M
65CAROLINE PRESERVATION HOUSING DEV. FUND CORP.2$34.45M
66ROSE LAVENDER GARDEN I, LLC2$34.37M
67MI 8787 LLC3$34.26M
689C, LLC3$34M
69242 EAST 71ST STREET OWNER LLC2$33.8M
70ESTHER MANAGEMENT LLC3$33.15M
71FLUSHING PRESERVATION L.P.3$32.88M
72PACIFIC DEAN OWNER, LLC2$31.85M
73GETTY INDUSTRIES LLC6$30.97M
74MCB-OV C21 PROPERTY OWNER LLC8$30.87M
75CHRISTIAN D. CURTIS, TRUSTEE5$30.85M
76BH TILDEN LLC2$30.49M
7751ST STREET FEE OWNER LLC2$30.42M
78CSC 75 MAIDEN PROP CO LLC2$29.38M
79BERGEN OWNER LLC2$28.86M
80GMART NY 2022 LLC6$28.6M
8162-64 THIRD AVE L.P.4$28.41M
82MADISON AVE OWNER LLC2$28.03M
83960 FRANKLIN LLC2$27.79M
84HIGHBRIDGE WFLAH BRONX OWNER LLC4$27.77M
85LAND FINANCE CORPORATION2$26.98M
86MAJOR CAPITAL LLC5$26.93M
87NYM 145 WOLCOTT, LLC3$26.21M
88GLT HUDSON HOLDINGS, LLC7$26M
892784 LINDEN LLC2$26M
9047TH STREET & 58TH ROAD LLC3$25.52M
91217 W. 57TH 85 LLC2$25.51M
92STATE PRESERVATION HOUSING DEVELOPMENT FUND CORP4$25.3M
93WALTON STREET GC DEVELOPMENTS LLC4$25.24M
94U.S. BANK NATIONAL ASSOCIATION48$25.07M
95EVP OWNER LLC2$24.7M
96NERE ROSE HILL MANAGEMENT LLC3$24.7M
97MT 35HY LLC4$24.69M
98B9 HUNTERS POINT OWNER LLC2$24.38M
99BENSON 14, LLC2$24.34M
100172 THIRD AVE LLC2$24.21M

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.

#BuildingOwnerBoroughTypeEst. debt
18 EAST 57 STREETRXR 590 MADISON OWNER LLCManhattanCommercial$702M
2441 NINTH AVENUEFSP HUDSON COMMONS, LLCManhattanCommercial$671.45M
3717 5 AVENUE717 FIFTH AVE, LLCManhattanCommercial$625.95M
4149 COLUMBUS AVENUESC CAMPUS OWNER LLCManhattanCommercial$605.15M
58 SPRUCE STREET8 SPRUCE (NY) OWNER LLCManhattanMultifamily$604.5M
6800 5 AVENUE800 FIFTH AVE PROPERTY OWNER LLCManhattanMultifamily$526.5M
7460 WEST 34TH STREET601W TENTH OWNER LLCManhattanOffice$526.44M
851 WEST 52ND STREET51 W. OWNER, LPManhattanOffice$494M
97 HANOVER SQUARECR SUNFLOWER FEE OWNER LLCManhattanCommercial$491.58M
1022 THAMES STREET125 GREENWICH OWNER LLCManhattanMultifamily$388.8M
111177 AVENUE OF THE AMER1177 PROPERTY LLCManhattanOffice$371.99M
12980 MADISON AVENUE980 MADISON AVENUE HOLDINGS LLCManhattanOffice$364M
131334 YORK AVENUECORNELL UNIVERSITYManhattanCommercial$331.5M
1419 DUTCH STREETPONTE GADEA DUTCH, LLCManhattanMultifamily$316.88M
15450 PARK AVENUE450 PARK FEE OWNER LPManhattanOffice$289.25M
16724 5 AVENUEPRADA USA CORP.ManhattanCommercial$276.25M
17160 RIVERSIDE BOULEVARD160 RIVERSIDE BOULEVARD, LLCManhattanMultifamily$269.75M
18523 EAST 72ND STREET1 EAST RIVER LLCManhattanCommercial$266.5M
191261 2 AVENUE265 EAST 66TH LLCManhattanMultifamily$261.71M
20720 FIFTH AVENUE720 FIFTH USA, LLCManhattanOffice$258.31M
21685 FIRST AVENUE685 1ST AVE LLCManhattanCommercial$251.88M
22549 BROADWAYESRT 555-557 BROADWAY, L.L.C.ManhattanOffice$250.9M
2320 EXCHANGE PLACE20 EXCHANGE PLACE OWNER, LLCManhattanCommercial$240.5M
24260 SPRING STREETSM I MMS, L.L.C.ManhattanIndustrial$239.01M
252 PARK AVENUEHADSON 2 PARK AVE LLCManhattanOffice$232.05M

Related

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.