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    TreeTop Development


    500 Frank W Burr Blvd., Suite 47
    Teaneck, NJ 07666
    (973) 622-0073
    Website

    TreeTop Development is a real estate investment firm with holdings mainly in its home state of New Jersey but also in Manhattan and states in the Midwest and Southeast.

    The firm's approach is to identify emerging neighborhoods and create signature anchor properties, then build around those properties with continued investment in that neighborhood. Such properties include multifamily properties in West Harlem and an $82 million purchase of a Rego Park apartment building. The firm has invested heavily in Brooklyn's Greenpoint neighborhood, as well. TreeTop has also been a big investor in Newark, building or buying up large residential buildings in the city from 2008 onwards. In 2014 TreeTop bought a multifamily high-rise apartment building in Philadelphia for $47.3 million.

    In 2015 the firm dabbled with raising funds from Israeli investors via the Tel Aviv Stock Exchange, but eventually pulled out.

    For more info, click here
    • Event Sales
    • Address 556 Lefferts Avenue
    • Neighborhood Flatbush
    • Borough Brooklyn
    • Price $ 18,250,000
    • Publication Date 07/10/2020
    • Event Date 07/07/2020
    • Party 1 Treetop Development
    • Party 2 Meridian Properties
    notes
    The buyer secured the Flatbush portfolio for $18.25 million.
    For more info, click here
    • Event Sales
    • Address 440 Exterior Street
    • Neighborhood Mott Haven
    • Borough Bronx
    • Price $ 38,500,000
    • Publication Date 05/02/2019
    • Event Date 04/29/2019
    • Party 1 Treetop Development
    • Party 1 Brokerage Newmark Knight Frank
    • Party 1 Broker David Behin
    • Party 2 Domain Companies
    • Party 2 Brokerage Newmark Knight Frank
    • Party 2 Broker David Behin
    notes
    The buyer bought the Mott Haven portfolio for $38.5 million.
    For more info, click here
    • Event Sales
    • Address 132-57 Sanford Avenue
    • Neighborhood Flushing
    • Borough Queens
    • Square feet 388,768
    • Price $ 127,500,000
    notes
    The buyer secured the Queens portfolio for $127.5 million.
    For more info, click here
    • Event Sales
    • Address 94-26 56th Avenue
    • Neighborhood Elmhurst
    • Borough Queens
    • Price $ 56,500,000
    notes
    The buyer acquired the Elmhurst property for $56.5 million.
    For more info, click here
    • Event Sales
    • Address 711 Seagirt Avenue
    • Neighborhood Far Rockaway
    • Borough Queens
    • Square feet 774,719
    • Price $ 135,000,000
    notes
    The buyer acquired the 4-building, 916-unit rental complex in Far Rockaway for $135 million.
    For more info, click here
    • Event Financing
    • Address 41-40 Denman Street, 132-25 Maple Avenue and 132-57 Sandford Avenue
    • Neighborhood Flushing
    • Borough Queens
    • Square feet 216,189
    • Price $ 54,747,741
    • Price per foot $ 253.00
    • Publication Date 07/01/2017
    • Event Date 05/23/2017
    • Party 1 Treetop Development
    • Party 2 Acore
    notes
    The entity secured a $54.747 million refinance for the three Flushing multifamily properties.
    For more info, click here
    • Event Office Leasing
    • Address 120 West 45th Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 10,093
    • Publication Date 07/01/2017
    • Event Date 05/01/2017
    • Party 1 Treetop Development
    • Party 2 Acore
    • Party 2 Brokerage Norman Bobrow & Company
    • Party 2 Broker Benjamin Blumenthal
    notes
    The business development service signed a new 10-year lease for their 5th floor expansion. The company currently occupies part of the 2nd and 6th floors.
    For more info, click here
    • Event Sales
    • Address 132-40 Sanford Avenue
    • Neighborhood Flushing
    • Borough Queens
    • Square feet 83,430
    • Price $ 29,870,000
    • Price per foot $ 358.02
    notes
    The 6-story, 94-unit building in Flushing was sold for $29.9 million.
    For more info, click here
    • Event Sales
    • Address 133-21 Sanford Avenue
    • Neighborhood Flushing
    • Borough Queens
    • Square feet 74,007
    • Price $ 27,650,000
    • Price per foot $ 373.61
    notes
    The 6-story, 89-unit, mixed-unit building in Flushing was sold for $27.7 million.
    For more info, click here
    • Event Sales
    • Address 556 Lefferts Avenue, 570 Lefferts Avenue
    • Neighborhood Flatbush
    • Borough Brooklyn
    • Square feet 105,000
    • Price $ 25,000,000
    • Publication Date 04/01/2017
    • Event Date 02/15/2017
    • Party 1 Fred Leist, Ivan Leist
    • Party 2 Treetop Development
    notes
    The two multifamily properties were sold for $25 million.
    For more info, click here
    • Event Sales
    • Address 417 Gerard Avenue
    • Neighborhood Mott Haven
    • Borough Bronx
    • Square feet 9,816
    • Price $ 5,000,000
    notes
    The development site was sold for $5 million.
    For more info, click here
    • Event Sales
    • Address 417 Gerard Avenue
    • Neighborhood Mott Haven
    • Borough Bronx
    • Square feet 9,816
    • Price $ 5,000,000
    notes
    The development site sold for $5 million.
    For more info, click here
    • Event Sales
    • Address 94-26 56th Avenue
    • Neighborhood North Corona
    • Borough Queens
    • Square feet 187,800
    • Price $ 40,700,000
    • Price per foot $ 217.00
    • Publication Date 10/01/2016
    • Event Date 08/15/2016
    • Party 1 Mydac Realty
    • Party 2 Treetop Development
    notes
    The rental building sold for $40.7 million.
    For more info, click here
    • Event Financing
    • Address 132-40 Sanford Avenue
    • Neighborhood Flushing
    • Borough Queens
    • Price $ 118,000,000
    notes
    The company secured a $118 million loan for the package that also includes 132-25 Maple Avenue, 132-45 Maple Avenue, 132-57 Sanford Avenue, 132-61 Sanford Avenue, 132-48 41st Road and 133-17 Sanford Avenue and 41-40 Denman Street.
    For more info, click here
    • Event Sales
    • Address 273 West 131st Street
    • Neighborhood Harlem
    • Borough Manhattan
    • Square feet 59,880
    • Price $ 14,800,000
    • Price per foot $ 247.16
    notes
    The multifamily residential building sold for $14.8 million.
    For more info, click here
    • Event Sales
    • Address 17 West 125th Street
    • Neighborhood Central Harlem
    • Borough Manhattan
    • Square feet 9,000
    • Price $ 30,000,000
    • Price per foot $ 3,333.33
    notes
    The five story property sold for $30 million.
    For more info, click here
    • Event Retail leasing
    • Address 2143 Adam Clayton Powell Boulevard
    • Neighborhood Central Harlem
    • Borough Manhattan
    • Square feet 900
    For more info, click here
    • Event Retail leasing
    • Address 2143 Adam Clayton Powell Boulevard
    • Neighborhood Central Harlem
    • Borough Manhattan
    • Square feet 700
    For more info, click here
    • Event Retail Leasing
    • Address 17 West 125th Street
    • Neighborhood Harlem
    • Borough Manhattan
    • Square feet 1,700
    • Publication Date 01/01/2015
    • Event Date 11/17/2014
    • Party 1 Treetop Development
    • Party 1 Brokerage Kassin Sabbagh Realty
    • Party 1 Broker Dan Myers
    • Party 2 Buffalo Boss
    • Party 2 Brokerage Task Realty
    • Party 2 Broker Adam Stupak, Alex Spanbock
    notes
    The organic chicken wing chain signed a 10-year lease. The reported asking rent was $100 per square foot.
    For more info, click here
    • Event Sales
    • Address 565 West 139 Street, 27-29 Audubon Avenue, 79 Audubon Avenue, 516 West 169 Street, 507 West 170 Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Price $ 24,500,000
    For more info, click here
    • Event Sales
    • Address Harlem portfolio
    • Neighborhood Midtown
    • Borough Manhattan
    • Price $ 11,250,000
    For more info, click here
    • Event Sales
    • Address Harlem portfolio
    • Neighborhood Midtown
    • Borough Manhattan
    • Price $ 29,000,000
    For more info, click here
    • Event Sales
    • Building Name 2271-2273 Adam Clayton Powell Boulevard
    • Address 2273 Adam Clayton Powell Boulevard
    • Neighborhood Central Harlem
    • Borough Manhattan
    • Price $ 11,250,000
    • Price per foot $ 272.00
    notes
    The properties sold for $11.25 million, or $272 per square foot. The buildings are located at 2261, 2267-2269 and 2271-2273 Adam Clayton Powell Boulevard, and the vacant lot is located at 2265 Adam Clayton Powell Boulevard. 3 apt. bldgs and vacant lot
    For more info, click here
    • Event Sales
    • Address 1917 Seventh Avenue
    • Neighborhood Central Harlem
    • Borough Manhattan
    • Price $ 29,000,000
    notes
    The properties sold for $29 million. The buildings are located at 1917 Seventh Avenue, 110 St. Nicholas Avenue, 120 West 116th Street and 110 West 116th Street. 4 apt. bldgs, 82 units total
    For more info, click here
    • Event Sales
    • Address 220 West 116th Street 449 West 125th Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Price $ 15,400,000
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