David Edelstein
Tricap
Owner
Tricap portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$13 million – elevator 100%; Bronx 70%, Manhattan 29%
2250th largest portfolio by dollar value
211,902 sqft – elevator 100%;
1123th largest by SF
3 properties – Bronx 66%, Manhattan 33%
154th largest
212 residential units – Bronx 65%, Manhattan 34%
588th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $7.9 million
Borrower signatory: 3 for $29.9 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
JPMorgan Chase (10), New York Community Bank (5), Ridgewood Savings Bank (1), Zheng Sheng Zheng (1)
Top Ten Associated People:
Ursula Flores (5), Alan L. Kaufmann (3), Alan L. Kaufman (2), Marna E. Bernstein (1), Zheng Sheng Zheng (1)
Recent activity as signatory:
• Tricap sold 146-26 Northern Boulevard, Flushing, Queens for $7.9 million to Zheng Sheng Zheng on May 07, 2024.
• David Edelstein borrowed $8.9 million from JPMorgan Chase for 179 Bennett Avenue, Washington Heights, Manhattan on April 23, 2024.
• Florence Edelsteinand David Edelstein borrowed $9.3 million from Ridgewood Savings Bank for 52-64 Sherman Avenue, Washington Heights, Manhattan on March 14, 2024.
• David Edelstein borrowed $11.7 million from JPMorgan Chase for 801-809 West 181st Street, Washington Heights, Manhattan on August 02, 2023.
• David Edelstein borrowed $5.6 million from JPMorgan Chase for 4161 Broadway, Washington Heights, Manhattan on December 05, 2022.
• David Edelstein borrowed $9.2 million from JPMorgan Chase for 4079 Broadway, Washington Heights, Manhattan on October 26, 2022.
• David Edelstein borrowed $23 million from JPMorgan Chase for 162 West 54th Street, Midtown West, Manhattan on October 25, 2022.
• Tricap borrowed $5.6 million from New York Community Bank for 95 West 195th Street, Kingsbridge Heights, Bronx on June 29, 2022.
• Tricap borrowed $6.6 million from New York Community Bank for 1675 Grand Concourse, Mt Eden, Bronx on June 29, 2022.
• Tricap borrowed $7 million from New York Community Bank for 10 Cooper Street, Inwood, Manhattan on June 29, 2022.