THE CONDO BOOK PROJECT

Parke Bank

Named as the sponsor's construction lender in 8 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.

Parke Bank's 8 buildings in these plans are all in Brooklyn, 88% new construction, typically 5–16 units, offered at an average $2.7M per unit. Check size: $10.2M typical (the median of 8 loans whose size the plan states or ACRIS records), from $6M to $23.8M.

Buildings
8
Residential units
102
Typical check
$10.2M
Years
2022–2026
ManhattanBrooklynQueensBronxStaten Island 735 Myrtle Avenue Condominium, 735 Myrtle Avenue906 Kent Avenue Condominium, 906 Kent AvenueGerry Gardens Condominium, 91 Gerry StreetMiddleton Units Condominium, 24 Middleton Street458 East 25th Street Condominium, 458 East 25th Street572 Myrtle Condominium, 572 Myrtle Avenue592 Marcy Condominium, 592 Marcy Avenue141 Ross Street Condominium, 141 Ross Street

Pro · Advanced analysis

Recent Growth

Parke Bank's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

4 buildings accepted in 2024–2026 (2026 to date), against 1 in 2021–2023: up 300%. 80% of all 5 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date110
202515
2024221
20230—
2022137
20210—

Latest: 735 Myrtle Avenue Condominium, accepted Apr 14, 2026. 3 plans without an acceptance date aren't counted.

Strongest Relationships

The firms named most often on the same buildings as Parke Bank, at least 2 in common.

Architects

Sponsor's counsel

Tax consultants

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnitsLoan
735 Myrtle Avenue Condominium735 Myrtle Avenue · Brooklyn · new constructionSponsor: 735m LLC · Named on p. 7 ↗202610$10.7M*
906 Kent Avenue Condominium906 Kent Avenue · Brooklyn · new constructionSponsor: Kent Development LLC · Named on p. 4 ↗20255$8.9M*
Gerry Gardens Condominium91 Gerry Street · Brooklyn · new constructionSponsor: Gerry Gardens LLC · Named on p. 5 ↗20245$9M*
Middleton Units Condominium24 Middleton Street · Brooklyn · new constructionSponsor: Krula Holdings LLC · Named on p. 4 ↗202416$23.8M*
458 East 25th Street Condominium458 East 25th Street · Brooklyn · new constructionSponsor: Flatbush Holdings 17 LLC · Named on p. 4 ↗202237$11M*
572 Myrtle Condominium572 Myrtle Avenue · Brooklyn · new constructionSponsor: 572 Myrtle Realty LLC · Recorded in ACRIS ↗—8$9.7M*
592 Marcy Condominium592 Marcy Avenue · Brooklyn · new constructionSponsor: 592 Marcy Holdings LLC · Recorded in ACRIS ↗—5$6M*
141 Ross Street Condominium141 Ross Street · Brooklyn · rehabSponsor: 141 Ross Street Holdings LLC · Recorded in ACRIS ↗—16$20M*

Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.