People

Stephen Palmese

Director of Sales


Biography

Mr. Palmese, a Brooklyn native, joined Massey Knakal in August 2004 after graduating from Georgetown University. Since being promoted to Director of Sales for the Bay Ridge, Brooklyn market in 2006, Mr. Palmese has transacted or has under contract more than 40 properties with an aggregate consideration of over $183,000,000.

That year, he represented the BF Group in the disposition of their 15-property, 943-unit, 943,546 square foot portfolio which sold for $118,000,000. He also exclusively represented and rescued the nearly bankrupt, 200-year-old Bay Ridge Methodist Church. Mr. Palmese was able to find a developer to build a new church on the site, while simultaneously developing the largest ground up project in Bay Ridge in nearly 75 years at over 92,000 square feet.

Additionally, he sold and saved the 85-year-old Alpine Theatre, the last surviving theatre in Southwest Brooklyn, by finding one of three independent movie theatre operators in New York to purchase the 2,000 seat venue. Most recently, he will, personally, be responsible for revitalizing all of northern Bay Ridge by bringing a 25,000 square foot supermarket to the area.

Mr. Palmese enjoys the arts, film and acting. Additionally, he enjoys fitness and nutrition and participates in athletic events for charity. He is a founding member of the Brooklyn Vanguard for the Brooklyn Public Library and is an active member of the 12:30 Club of Bay Ridge and for the Real Estate Board of New York.

Mr. Palmese resides in the West Village neighborhood of Manhattan. He can be reached in the Brooklyn office at 718.238.8999, x6552.


Affiliations

  • 12:30 Club of Bay Ridge member
  • Founding member, Brooklyn Vanguard for the Brooklyn Public Library
  • Real Estate Board of New York

Stephen Palmese
Director of Sales
spalmese@masseyknakal.com
(718) 307-6552



Notable Recent Transactions

15 Bay Ridge Avenue, Brooklyn, NY/$6,500,000 Commercial Buildings, Bay Ridge, NY

 

8325 5th Avenue, Brooklyn, NY/$2,750,000 Mixed-Use Investment Buildings, Bay Ridge, NY

 

9101 3rd Avenue, Brooklyn, NY/$1,999,999 Commercial Buildings, Bay Ridge, New York

 

421-425 78th Street, Brooklyn, NY/$1,900,000 Commercial Buildings, Bay Ridge, NY

 

7801 13th Avenue, Brooklyn, NY/$1,350,000 Mixed-Use Investment Buildings, Boro Park, Dyker Heights, NY