Real Estate Development

AJG Capital & Development has extensive experience in real estate development focused on the successful acquisition, repositioning, redevelopment, ground up development and disposition of underperforming real estate assets. Our investments span the East end of Long Island, to the New York Metro area, New Jersey, and Florida including a wide range of asset classes such as office, retail, industrial, multi-family, condominium and mixed-use investment properties.

AJG Capital is an experienced, opportunistic investor for its own account. Our rigorous analysis and due diligence, executed by our disciplined and seasoned team, is the basis of our success. We believe that a patient and thorough approach will continue to yield compelling investment opportunities throughout business cycles highs and lows. Before proceeding with any real estate investment, we investigate all facets of the project, evaluate potential risks and rewards and then we act decisively. At the time of acquisition, a comprehensive plan is created which serves to benchmark each investment’s performance. This rigorous process allows us to take on complex projects, leveraging the skills of AJG Capital to successfully acquire, develop or reposition investment properties.

Our Development Portfolio

Greene Avenue Lofts

Location: 8 Greene Avenue, Amityville, NY
Acquired the Chase Bank Building in 2021 located in the village of Amityville.

Broadway Plaza Lofts

33 Luxury Residential Units With A Restaurant
Location: 221 Broadway, Village of Amityville, NY
Now Leasing

Clinton Bay Lofts

12 Unit Luxury Mixed Use Rental Building
Location: 140 S. Clinton Avenue, Bayshore, NY
Under Construction – Leasing Starts May 2021

Park Avenue Lofts

19 Unit Luxury Mixed Use Rental Building
Location: Bayshore
Now Leasing – Parkavelofts.com

Harbor View Estates Condominium

55 & Better Waterfront Community – 40 Units
Location: Copiague
Pricing: From $399,000

Newton Gardens Condominium

Grand 4 Story Town Homes
Location: Village of Westbury
Pricing: $499,000

Parkview At Salisbury

55 & Better – 30 Units
Location: Carman Avenue Westbury
Pricing: From $349,999

Cypress Landing

55 & Better Rental Property – 26 Units
Locations: Islip Terrace
Type: 2 Bedroom 2 Bath

Sunset Lakes Villas

Waterfront rental Community – 44 Units
Location: Banks Road Margate, Florida
Type: 900 SF 2 Bedroom 1 bath

18,000 SF Industrial Building

18,000 SF Industrial Building
Location: Bohemia- Artic Avenue
Type: Industrial

15,000 SQFT Mixed Use Building

15,000 SQFT Mixed Use Building
Location: Mahopac, NY
Type: 5000 SF Retail 15 Residential Apartments

11,140 SF Office Building

11,140 SF Office Building
Location: Westbury – Off Old Country Road
Type: Commercial- Office/ Medical