THE CONDO BOOK PROJECT

Sterling National Bank

Named as the sponsor's construction lender in 11 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.

Sterling National Bank's 11 buildings in these plans are mostly in Bronx (6 of 11), then Brooklyn, all new construction, 1 units at the middle, offered at an average $76K per unit. Check size: $22.2M typical (the median of 8 loans whose size the plan states or ACRIS records), from $3.1M to $87.5M.

Buildings
11
Residential units
55
Typical check
$22.2M
Years
2017–2025
ManhattanBrooklynQueensBronxStaten Island 1457 Ogden Avenue Leasehold Condominium, 1457 Ogden Avenue228 Nagle Avenue Leasehold Condominium, 228 Nagle Avenue2 Mount Hope Place Condominium, 2 Mount Hope Place3710 13th Avenue Leasehold Condominium, 3710 13th Avenue709 East 212th Street Condominium, 709 East 212th Street192 East 151st Street Leasehold Condominium, 192 East 151st StreetIndependent Lic Owners Corp., 42-14 Crescent Street423 Ocean Parkway Condominium, 423 Ocean Parkway135 Alexander Avenue Condominium, 135 Alexander Avenue136 Alexander Avenue Condominium, 136 Alexander Avenue291 Metropolitan Avenue Condominium, 291 Metropolitan Avenue

Pro · Advanced analysis

Recent Growth

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

2 buildings accepted in 2024–2026 (2026 to date), against 3 in 2021–2023: down 33%. 20% of all 10 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
202522
20240—
20230—
202211
202121

Latest: 1457 Ogden Avenue Leasehold Condominium, accepted Jul 23, 2025. 1 plan without an acceptance date isn't counted.

Strongest Relationships

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

Sponsor's counsel

General contractors

  • Singla Concepts2 shared buildings · 18% of Sterling National Bank's · 2017

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

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CondominiumAcceptedUnitsLoan
1457 Ogden Avenue Leasehold Condominium1457 Ogden Avenue · Bronx · new constructionSponsor: Ogden Portfolio LP And Ogden Portfolio Hdfc · Recorded in ACRIS ↗20251—
228 Nagle Avenue Leasehold Condominium228 Nagle Avenue · Manhattan · new constructionSponsor: Ogen Portfolio LP And Ogen Portfolio Hdfc · Recorded in ACRIS ↗20251—
2 Mount Hope Place Condominium2 Mount Hope Place · Bronx · new constructionSponsor: Harrico LLC · Recorded in ACRIS ↗20221$87.5M*
3710 13th Avenue Leasehold Condominium3710 13th Avenue · Brooklyn · new constructionSponsor: L'Refuah Medical & Rehabilitation Center Inc. · Recorded in ACRIS ↗20210$10M*
709 East 212th Street Condominium709 East 212th Street · Bronx · new constructionSponsor: 3560 Wpr, LLC; 3572 Wpr, LLC · Recorded in ACRIS ↗20211$13.6M*
192 East 151st Street Leasehold Condominium192 East 151st Street · Bronx · new constructionSponsor: Friends Of Girls Preparatory Charter School Of New York, Inc. · Recorded in ACRIS ↗20200$31.3M*
Independent Lic Owners Corp.42-14 Crescent Street · Queens · new constructionSponsor: 42-14 Crescent Street Lh LLC · Recorded in ACRIS ↗201948$30.9M*
423 Ocean Parkway Condominium423 Ocean Parkway · Brooklyn · new constructionSponsor: Sdf9 Ocean Parkway Owner LLC · Recorded in ACRIS ↗20180$9.4M*
135 Alexander Avenue Condominium135 Alexander Avenue · Bronx · new constructionSponsor: Jcal-Yates Jv LLC · Recorded in ACRIS ↗20171—
136 Alexander Avenue Condominium136 Alexander Avenue · Bronx · new constructionSponsor: Alexander Avenue Lofts LLC · Recorded in ACRIS ↗20171$3.1M*
291 Metropolitan Avenue Condominium291 Metropolitan Avenue · Brooklyn · new constructionSponsor: 291 Metropolitan Realty LLC · Recorded in ACRIS ↗—1$38M*

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.