Real Estate

Old City Properties is a private real estate investment firm specializing in the development of multi-family residential properties in the New York metro area. Through extensive due diligence and market expertise, Old City Properties invests opportunistically in growing, attractive neighborhoods, and partners on projects with top-tier professionals. The firm has historically focused on Brooklyn and New Jersey’s “Gold Coast”, and has sourced capital for deals in secondary and tertiary markets.

REAL ESTATE

Old City Properties is a private real estate investment firm specializing in the development of multi-family residential properties in the New York metro area. Through extensive due diligence and market expertise, Old City Properties invests opportunistically in growing, attractive neighborhoods, and partners on projects with top-tier professionals. The firm has historically focused on Brooklyn and New Jersey’s “Gold Coast”, and has sourced capital for deals in secondary and tertiary markets.

Recent Projects

new 111 heath
111 West Heath Street, Federal Hill,
Baltimore, Maryland
A 59-unit multifamily full gut loft renovation project completed in August 2015.
With Poverni Sheikh Group
1 the-vault-baltimore-md-building
115 North Charles Street, Downtown,
Baltimore, Maryland
Mixed-use with 24 residential apartments and 10,000 square feet of retail completed in August 2016.
With Poverni Sheikh Group
602 north howard_2
602 North Howard Street, Seton Hill,
Baltimore, Maryland
Self-storage facility with ground-floor retail completed in January 2017.
With Poverni Sheikh Group
59_Quincy_St_HIGH RES_0001
59 Quincy Street, Clinton Hill,
Brooklyn, New York
A 2,000 square foot 5-luxury unit completed condo project in the Clinton Hill neighborhood of Brooklyn. The project was completed in July of 2017 and returned 1.35x net to investors.
In co-development with Minerva Capital
Facade
316 12th Street, Park Slope,
Brooklyn, New York
A 5,000 square foot 4-luxury unit completed condo project in the Park Slope neighborhood of Brooklyn. The project was completed in January of 2018 and returned 1.61x net to investors.
In co-development with Minerva Capital
61-65-newkirk-st-2
61-65 Newkirk Street, Journal Square,
Jersey City, New Jersey
A 29-unit luxury residential rental building
located three blocks from the PATH to NYC. Construction is underway and completion is expected in the second quarter of 2019.
In co-development with Titanium Realty Group