Binyamin Beitel
Beitel Group
Beitel Group|Binyamin Beitel|Besyata Investment Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$38.8 million – elevator 28.0%, industrial 27.0%; Brooklyn 76.0%, Bronx 23.0%
1100th largest portfolio by dollar value
369,684 sqft – industrial 35.0%, elevator 29.0%;
758th largest by SF
15 properties – Brooklyn 73%, Bronx 26%
142th largest
112 residential units – Brooklyn 100.0%, Manhattan 0.0%
686th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $5.9 million
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 2 for 110,869 square feet
Top Ten Associated Companies:
MF1 Capital (2), Starwood Capital Group (1), First Central Savings Bank (1), Susan Weber (1), Abraham M. Klein (1), William Nussen (1), Citibank (1), Nora O’Donoghue (1), Northeast Community Bank (1), Bank Hapoalim (1)
Top Ten Associated People:
Jonathan Pfeil (2), Grace Chiang (1), Susan Weber (1), Abraham M. Klein (1), William Nussen (1), Brona McGirl and Nora O’Donoghue (1), Gregory B. Monteith (1)
Recent activity as signatory:
• Binyamin Beitel filed plans for new building for 60,558 sqft in Borough Park, Brooklyn, on April 18, 2024.
• William Nussen sold 1533 60th Street, Borough Park, Brooklyn for $2.4 million to Beitel Group on February 28, 2024.
• Abraham M. Klein sold 1541 60th Street, Borough Park, Brooklyn for $3.5 million to Beitel Group on February 28, 2024.
• Binyamin Beitel filed plans for new building for 50,311 sqft in Borough Park, Brooklyn, on July 24, 2023.
• Beitel Group borrowed $8 million from MF1 Capital for 142 Lenox Road, Flatbush, Brooklyn on June 02, 2022.
• Beitel Group borrowed $48 million from MF1 Capital for 100 Lenox Road, Flatbush, Brooklyn on June 02, 2022.
• Susan Weber sold 120 East 144th Street, Mott Haven, Bronx for $41.5 million to Beitel Group on April 11, 2022.
• Binyamin Beitel filed plans for new building for 401,436 sqft in Mott Haven, Bronx, on January 13, 2022.
• Beitel Group borrowed $21 million from Starwood Capital Group for 1021 38th Street, Borough Park, Brooklyn on January 04, 2022.
• Binyamin Beitel filed plans for new building for 89,672 sqft in Mott Haven, Bronx, on August 09, 2021.
Latest Stories:
• Beitel Group pays $3.5M to expand dev site in Borough Park February 29, 2024
• Beitel Group pays $41.5M to Weber family for 470-unit dev site in Mott Haven April 12, 2022
• Beitel Group pays $9M for commercial property in Mott Haven, four times 2007 price August 26, 2020
• Besyata Investment Group obtained financing of $15M from Parke Bank July 24, 2019