Shlomi Avdoo

(Shlomo Avdoo)

Avdoo & Partners Development

Developer, Owner

LinkedIn

Avdoo & Partners Development portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$30.8 million – retail 36%, elevator 18%; Brooklyn 100%, Manhattan 0%

1281th largest portfolio by dollar value

158,143 sqft – retail 22%, mixed-use 21%;

1417th largest by SF

14 properties – Brooklyn 100%, Manhattan 0%

143th largest

168 residential units – Brooklyn 100%, Manhattan 0%

630th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 4 for $49.5 million

Seller signatory: 0 for $0

Borrower signatory: 6 for $158.1 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 3 for 114,311 square feet

Top Ten Associated People:

Warren Prosky (2), Abraham J. Hidary (2), Roland M. Cablayan (2), Peter D’Arco (2), Alan J. Perlowitz (1), Tzvi Schwartz (1), Noah Littell (1), Roland Cablayan (1)

Recent activity as signatory:

• Avdoo & Partners Development borrowed $16.1 million from Bank Hapoalim for 601 Union Street and N/A Sackett Street, Gowanus, Brooklyn on December 27, 2024.

• S.J. Fuel Co. sold 601 Union Street and N/A Sackett Street, Gowanus, Brooklyn for $29.4 million to Avdoo & Partners Development on December 27, 2024.

• Shlomi Avdoo filed plans for new building for 20,219 sqft in Park Slope, Brooklyn, on September 18, 2024.

• Shlomi Avdoo filed plans for new building for 20,219 sqft in Park Slope, Brooklyn, on September 18, 2024.

• Avdoo & Partners Development borrowed $105 million from Valley National Bank for 325 Bergen Street, Boerum Hill, Brooklyn on January 03, 2024.

• Shlomi Avdoo filed plans for new building for 73,873 sqft in Crown Heights, Brooklyn, on December 27, 2023.

• S.J. Fuel Co. sold 607 Union Street, 601 Union Street, and N/A Sackett Street, Gowanus, Brooklyn for $0 to Avdoo & Partners Development on November 02, 2023.

• Avdoo & Partners Development borrowed $5.2 million from Valley National Bank for 627 Franklin Avenue, Crown Heights, Brooklyn on October 10, 2023.

• Avdoo & Partners Development borrowed $13.2 million from Valley National Bank for 604 Pacific Street, Park Slope, Brooklyn on October 06, 2023.

• Avdoo & Partners Development borrowed $12 million from Signature Bank receiver for 110 Boerum Place and 96 Boerum Place, Boerum Hill, Brooklyn on July 31, 2023.