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Alma Realty

31-10 37th Avenue, Suite 500
Long Island City, NY 11101
(718) 267-0300
Website
[email protected]

Alma Realty is a New York City-based landlord and real estate developer founded in 1988 by Efstathios Valiotis. As of 2015, the founders daughter, Ekaterina Valiotis, worked at the family-run firm as director of management for New Jersey, where Alma's portfolio includes Center City Mall and the residential conversion of the Alexander Hamilton Hotel in Paterson as well as properties in Jersey City, Newark and Trenton. The firm also owns properties in Westchester County. Alma's Astoria Cove, a planned 1,723-unit housing complex on the Queens waterfront in which a quarter of units were to be charged below-market rent, was put on hold in July 2016. Critics allege the company cuts corners on maintenance and safety at its buildings and gives short shrift to tenants' rights. In 2015, Con Edison found that eight buildings in the Bronx and Upper Manhattan owned by Alma Realty had illegal gas hookups.

Alma Realty, Founder
31-10 37th Avenue, Suite 500, Long Island City, NY, (718) 267-0300
Efstathios Valiotis, who goes by Steve, is the founder and chief executive officer...
  • Event Sales
  • Address 4468 Broadway
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 20,000
  • Price $ 9,100,000
  • Publication Date 04/02/2018
  • Event Date 03/22/2018
  • Party 1 Broadway 10th Ave Corp.
  • Party 1 Brokerage Besen & Associates
  • Party 1 Broker Ron Cohen, Hilly Soleiman, Amit Doshi
  • Party 2 Alma Realty
notes
The buyer secured the Washington Heights building for $9.1 million.
  • Event Office Leasing
  • Address 30-30 Northern Boulevard
  • Neighborhood Sunnyside
  • Borough Queens
  • Square feet 15,303
  • Price per foot $ 38.00
  • Publication Date 08/01/2017
  • Event Date 06/29/2017
  • Party 1 Alma Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Mitchell Arkin, Bruce Mosler
  • Party 2 Charles H. Greenthal Property Sales
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Remy Liebersohn, Robert Eisenberg
notes
The real estate company inked a 12-year lease.
  • Event Financing
  • Address 34-46 33rd Street
  • Neighborhood Sunset Park
  • Borough Queens
  • Square feet 193,000
  • Price $ 55,000,000
notes
The company secured a $55 million mortgage.
  • Event Financing
  • Address 36-46 33rd Street
  • Neighborhood Sunset Park
  • Borough Queens
  • Square feet 193,000
  • Price $ 55,000,000
notes
The company secured a $55 million loan to refinance its office tower.
  • Event Financing
  • Address 34-46 Vernon Boulevard
  • Neighborhood Long Island City
  • Borough Queens
  • Price $ 60,000,000
notes
The company secured a $60 million loan that includes a $34.2 million construction loan and a $23.6 million gap mortgage.
  • Event Residential Sales
  • Building Name 42-55 Colden Street
  • Address Unit 14R, 42-55 Colden Street
  • Unit 14R
  • Neighborhood Flushing
  • Borough Queens
  • Price $ 245,000
  • Publication Date 07/15/2015
  • Event Date 06/05/2015
  • Party 1 Alma Realty Associates
  • Party 2 Yuen, Jack C
  • Event Residential Sales
  • Building Name 42-55 Colden Street
  • Address Unit 10B, 42-55 Colden Street
  • Unit 10B
  • Neighborhood Flushing
  • Borough Queens
  • Price $ 220,000
  • Publication Date 07/28/2014
  • Event Date 07/21/2014
  • Party 1 Alma Realty Associates
  • Party 2 Jiang, Ping
  • Event Retail Leasing
  • Address 42402 50th Avenue
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 7,697
notes
The market signed a lease.
  • Event Residential Sales
  • Building Name 42-55 Colden Street
  • Address Unit 16T, 42-55 Colden Street
  • Unit 16T
  • Neighborhood Flushing
  • Borough Queens
  • Price $ 200,000
  • Publication Date 12/03/2013
  • Event Date 11/21/2013
  • Party 1 Alma Realty Associates
  • Party 2 Chen, Shi Jing; Chen, Shun Lin
  • Event Residential Sales
  • Building Name 42-55 Colden Street
  • Address Unit 11B, 42-55 Colden Street
  • Unit 11B
  • Neighborhood Flushing
  • Borough Queens
  • Price $ 245,000
  • Publication Date 11/25/2013
  • Event Date 11/11/2013
  • Party 1 Alma Realty Associates
  • Party 2 Huang, Weidong; Li, Zhiying
  • Event Residential Sales
  • Building Name 42-55 Colden Street
  • Address Unit 11G, 42-55 Colden Street
  • Unit 11G
  • Neighborhood Flushing
  • Borough Queens
  • Price $ 160,000
  • Publication Date 09/14/2012
  • Event Date 08/28/2012
  • Party 1 Alma Realty Associates
  • Party 2 Young, Faye
  • Event Sales
  • Address Manhattan portfolio
  • Neighborhood SoHo
  • Borough Manhattan
  • Price $ 65,000,000
  • Event Sales
  • Address 80 Fort Washington Avenue
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Price $ 65,000,000
notes
The package of Upper Manhattan residential buildings sold for $65 million. Sentinel bought 80 Fort Washington Avenue, 86 Fort Washington Avenue, 66-72 Fort Washington Avenue and 884 Riverside Drive; Alma and an unnamed partner acquired 3885 Broadway, 4455 Broadway and 3915 Broadway; and Onex, which had been a holder of mezzanine debt, took title to the 64-unit 3900 Broadway.
  • Event Sales
  • Address 30-30 Northern Boulevard
  • Neighborhood Long Island City
  • Borough Queens
  • Price $ 21,500,000
  • Event Office Leasing
  • Address 36-36 33rd Street
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 7,200
notes
The labor organization subleased space for three years and signed a direct lease with the landlord for an additional seven years.
  • Event Sales
  • Address 37-01 31st Street
  • Neighborhood Long Island City
  • Borough Queens
  • Price $ 12,000,000
  • Publication Date 06/01/2006
  • Event Date 04/17/2006
  • Party 1 Sholom & Zuckerbrot Realty
  • Party 1 Brokerage Sholom & Zuckerbrot Realty
  • Party 1 Broker Joseph Eliasoph
  • Party 2 ALMA Realty
  • Party 2 Brokerage ALMA Realty
  • Party 2 Broker Stephen Valiotis
Queens, 11102
ALMA REALTY
...
Queens, 11102
ALMA REALTY
...
Queens, 11102
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CRESPA, LLC
591 Prospect Place is a 13,480 square foot property built in 1931 in...
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123-125 WADSWORTH AVE. REALTY CORP.
125 Wadsworth Avenue is a 13,820 square foot property built in 1910 in...
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CITYVIEW PLAZA, LLC
36-46 33rd Street is a 193,034 square foot property built in 1916 in...
Manhattan, 10031
466 WEST 149TH STREET, LLC
1795 Amsterdam Avenue is a 11,360 square foot property built in 1920 in...
Manhattan, 10032
83-87 AUDUBON AVENUE, LLC
85 Audubon Avenue is a 15,584 square foot property built in 1911 in...
Manhattan, 10032
2100-2102 AMSTERDAM AVENUE, LLC.
2100 Amsterdam Avenue is a 12,195 square foot property built in 1905 in...
Manhattan, 10032
2100-2102 AMSTERDAM AVENUE, LLC.
2102 Amsterdam Avenue is a 11,355 square foot property built in 1898 in...
Bronx, 10458
622 EAST 187TH STREET LLC
622 East 187th Street is a 22,500 square foot property built in 1931...
Queens, 11367
150-18-28 UNION TURNPIKE ASSOCIATES LLC
150-10 Union Turnpike is a 23,717 square foot property built in 1975 in...
Queens, 11367
ALMA REALTY, 150-18-28 UNION TURNPIKE ASSOC.
This property is a new development. The developer(s) filed plans in August of...
Queens, 11106
ALMA REALTY CORP.
This property is a new development. The developer(s) filed plans in January of...
Queens, 11101
VERNON BOULEVARD REAL
...
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WHITESTONE PLAZA LLC
...
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NORTH 30 ASSOCIATES LLC
This property is a new development. The developer(s) filed plans in January of...
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ALMA REALTY, ALMA REALTY CORP.
This property is a new development. The developer(s) filed plans in June of...
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Alma Realty, ALMA REALTY CORP.
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467-75 ST MARKS AVE LLC
...
Bronx, 10460
CROTONA PARK REDEVELO
...
Manhattan, 10034
Alma Realty, GVS PROPERTIES IV, LL
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713 CLASSON AVE LLC
...
Bronx, 10458
663 CRESCENT REALTY LLC
...
Manhattan, 10031
615-617 WEST 152 STRE
...
Manhattan, 10033
608 WEST 184 STREET,
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Manhattan, 10033
608 WEST 184 STREET,
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Manhattan, 10040
GVS PROPERTIES IV, LL
...
Manhattan, 10040
GVS PROPERTIES IV, LL
...
Brooklyn, 11238
565 PROSPECT PL, LLC
...
Manhattan, 10040
GVS PROPERTIES IV, LL
...
Bronx, 10455
554 EAST 149 STREET,
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Manhattan, 10033
ATSIKI REALTY LLC
...
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GVS PROPERTIES IV, LL
...
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545 PROSPECT PL, LLC
...
Manhattan, 10033
534 WEST 178 EQUITIES
...
Manhattan, 10032
PASKAL I, LLC
...
Manhattan, 10032
VISAGE REALTY INC
...
Manhattan, 10032
GVS PROPERTIES III, L
...
Manhattan, 10032
GVS PROPERTIES III, L
...
Manhattan, 10032
PERSPOLIS REALTY,
...
Brooklyn, 11238
500 ST. MARKS AVE LLC
...
Brooklyn, 11238
UNDERHILL-WASHINGTON
...
Brooklyn, 11238
480 ST. MARKS AVE LLC
...
Brooklyn, 11238
523 PROSPECT PLACE, L
...
Manhattan, 10033
661 WEST 179 STREET,
...
Brooklyn, 11238
UNDERHILL-WASHINGTON
...
Bronx, 10451
PASKAL I, LLC
...
Manhattan, 10036
THERA REALTY,
...
Manhattan, 10036
THERA REALTY,
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Manhattan, 10036
THERA REALTY,
...
Manhattan, 10033
255 AUDUBON AVENUE LL
...
Brooklyn, 11205
CLINTON HILL LOFTS
...
Brooklyn, 11205
232-262 TAAFFE PL, LL
...
Brooklyn, 11205
GARDEN SPIRES ASSOCIA
...
Manhattan, 10032
GVS PROPERTIES III, L
...
Brooklyn, 11207
BNS BUILDINGS
...
Brooklyn, 11238
UNDERHILL-WASHINGTON
...
Manhattan, 10032
2009-2011 AMSTERDAM A
...
Brooklyn, 11207
BNS BUILDINGS
...
Bronx, 10460
1911-1915 SOUTHERN BL
...
Manhattan, 10033
ATSIKI REALTY LLC
...
Manhattan, 10040
ARDEN-VERMILYEA PROPE
...
Manhattan, 10031
1627-1635 AMSTERDAM A
...
Manhattan, 10040
1634-1640 ST NICHOLAS
...
Manhattan, 10031
1619-1625 AMSTERDAM A
...
Manhattan, 10031
PASKAL I, LLC
...
Manhattan, 10034
Alma Realty, ARDEN-VERMILYEA PROPE
...
Manhattan, 10034
Alma Realty, ARDEN-VERMILYEA PROPE
...
Manhattan, 10040
ARDEN-VERMILYEA PROPE
...
Manhattan, 10027
1461 AMSTERDAM AVENUE
...
Bronx, 10460
CROTONA PARK REDEVELO
...
Bronx, 10460
CROTONA PARK REDEVELO
...
Bronx, 10460
CROTONA PARK REDEVELO
...
Bronx, 10460
CROTONA PARK REDEVELO
...
Bronx, 10460
CROTONA PARK REDEVELO
...
Bronx, 10459
CROTONA PARK REDEVELO
...
Bronx, 10472
...
Queens, 11101
...
Queens, 11102
...
Queens, 11102
...
Queens, 11432
...
Queens, 11694
...
Queens, 11694
...
Queens, 11694
...
Queens, 11412
...
Manhattan, 10032
646-650 WEST 160 STREET, LLC
...
Manhattan, 10033
DUPONT REALTY LLC
...
Manhattan, 10032
501 WEST 169 STREET L
...
Manhattan, 10034
GVS PROPERTIES IV, LL
...
Manhattan, 10032
THREE IN ONE EQUITIES
...
Manhattan, 10031
GVS PROPERTIES, LLC
...
Manhattan, 10040
1634-1640 ST NICHOLAS
...
Manhattan, 10033
GVS PROPERTIES, LLC
...
Manhattan, 10032
GVS PROPERTIES, LLC
...
Manhattan, 10040
1610-1618 ST NICHOLAS
...
Manhattan, 10032
GVS PROPERTIES IV, LL
...
Manhattan, 10040
GVS PROPERTIES IV, LL
...
Manhattan, 10040
1548-1560 ST. NICHOLA
...
Manhattan, 10032
THREE IN ONE EQUITIES
...
Manhattan, 10032
THREE IN ONE EQUITIES
...
Manhattan, 10031
3607 BROADWAY REALTY
...
Manhattan, 10032
GVS PROPERTIES II, LL
...
Manhattan, 10031
557 WEST 148 REALTY,
...
Manhattan, 10032
GVS PROPERTIES, LLC
...
Manhattan, 10040
GVS PROPERTIES II, LL
...
Manhattan, 10040
GVS PROPERTIES IV, LL
...
Manhattan, 10033
GVS PROPERTIES, LLC
...
Manhattan, 10032
GVS PROPERTIES II, LL
...
Manhattan, 10033
GVS PROPERTIES, LLC
...
Manhattan, 10040
GVS PROPERTIES IV, LL
...
Manhattan, 10032
GVS PROPERTIES, LLC
...
Queens, 11102
Alma Realty, 2030 ASTORIA DEVELOPE
...
Queens, 11106
ALMA REALTY CORPORATION, DAVIDSON EQUITIES LLC
This property is a new development. The developer(s) filed plans in May of...

09/01/2017
The Chetrit Group, headed by brothers Joseph and Meyer Chetrit, and Alma Realty, founded by Efstathios Valiotis in 1988, rounded out the top five, with 8.3 million square feet and 7.2 million square feet in holdings, respectively...

09/01/2015
Many of the borough’s colossal projects have been in the works for years, like The Durst Organization’s 2,400-unit Hallets Point, which is slated to start construction this fall, and Alma Realty’s roughly 1,700-unit Astoria Cove development, which will have 460 affordable units...

02/01/2014
E&M is among a number of investors nabbing Upper Manhattan units in bulk. They’re joined by New Jerseyâ€'based outfits like Treetop Development and the Orbach Group, Queens-based Alma Realty, Doug Eisenberg of A&E Real Estate and Castellan Real Estate Partners...
Queens, 11102
ALMA REALTY
...
Queens, 11102
ALMA REALTY
...
Queens, 11367
ALMA REALTY, 150-18-28 UNION TURNPIKE ASSOC.
This property is a new development. The developer(s) filed plans in August of...
Queens, 11106
ALMA REALTY CORP.
This property is a new development. The developer(s) filed plans in January of...
Queens, 11101
NORTH 30 ASSOCIATES LLC
This property is a new development. The developer(s) filed plans in January of...
Bronx, 10460
ALMA REALTY, ALMA REALTY CORP.
This property is a new development. The developer(s) filed plans in June of...
Queens, 11101
Alma Realty, ALMA REALTY CORP.
...
Queens, 11106
ALMA REALTY CORPORATION, DAVIDSON EQUITIES LLC
This property is a new development. The developer(s) filed plans in May of...