Werwaiss Properties

About Werwaiss Properties

Werwaiss Properties is a multi-generational, family-owned real estate management and development company based in Long Island City, New York. With over a century of active involvement in the community, they own, develop, and manage approximately 1.5 million square feet of commercial, industrial, residential, and retail real estate across more than 75 buildings, primarily in Long Island City, with additional properties in Manhattan, Pennsylvania, and Florida.

Products & Services

AURA LIC:A luxury multifamily residential building in Long Island City with 240 studio, one- and two-bedroom apartments, featuring high-end finishes, sweeping views of Manhattan and the East River, and 15,000 square feet of indoor and outdoor amenities.

8 Court Square:A mixed-use development in Long Island City offering 157 premium boutique rental residences and over 16,000 square feet of retail space, with extensive amenities including a fitness center and landscaped terrace.

The Lion Match Building:A historic building in Long Island City converted into a 60,000 RSF boutique commercial office and retail space, recently renovated with modern amenities.

38-01 35th Avenue:A commercial and retail property in Astoria, repositioned from a factory into space for long-term franchise restaurants, located near key cultural and development hubs.

56-07 48th Street:A 76,000 SF commercial distribution center in Maspeth, Queens, serving as a last-mile fulfillment facility with 31 dock doors and ample parking.

36-50 31st Street:Nearly 34,000 SF of single-story warehouse buildings in Long Island City and Astoria, divided into tenant spaces for commercial commissary, fabrication, distribution, and offices.

36-01 47th Avenue and 45-54 37th Street:Adjacent single-story warehouse buildings in Long Island City, tenanted by distribution, light manufacturing, and contracting companies, with convenient access to major areas.

9-11/17 43rd Avenue:Two adjacent buildings in Long Island City offering 12,000 SF of warehouse and office space with drive-in loading access.

39-15 29th Street and 39-20 30th Street:A through-block site in Long Island City with two buildings totaling nearly 25,000 SF of warehouse and office space.

38-78 Review Avenue:A 15,000 SF single-story warehouse building in Long Island City on 25,000 SF of land, used for industrial purposes and private parking.

Specialties

Commercial Real Estate Residential Real Estate Industrial Real Estate Retail Real Estate Property Development Property Management

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 131000000 MR: - FA: $131 million FAN: 131000000	D: 2023-03-13 FD: 2023-03-13	2 investors

Debt Latest

2023-03-13

$131.0M

2 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

W

William B. Welsh

J

John A. Werwaiss

Partner

J

John Werwaiss

Partner

J

John A. W. Werwaiss

Partner

G

Gretchen Werwaiss

Partner

B

Brian Lee

Controller

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