Mark Caller
(Moses Caller)
Ceo
Marcal Group
Owner
Marcal Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$59.6 million – office 75%, retail 15%; Bronx 66%, Brooklyn 26%
823th largest portfolio by dollar value
318,842 sqft – office 84%, retail 10%;
848th largest by SF
12 properties – Queens 41%, Brooklyn 33%
145th largest
61 residential units – Queens 98%, Brooklyn 1%
737th largest by residential units
1 foreclosure, 0 bankruptcies, 4 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $57 million
Seller signatory: 3 for $19.2 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Menachem Chazanow (2), Valley National Bank (2), CIT Bank (1), MedProperties Realty Advisors (1), Physicians Realty Trust (1), Marcal Group (1), Rester Management (1), Pinches Abowitz (1), Bethpage Federal Credit Union (1), David Ekstein (1)
Top Ten Associated People:
Menachem Chazanow (2), Lynn A. Brown (1), Shlomo Drizen (1), Pinches Abowitz (1), Anil Kumar Saxena (1), Marc G. Cooper (1)
Recent activity as signatory:
• Marcal Group sold 157 Beach 115th Street, Rockaway Park, Queens for $14.4 million to Menachem Chazanow on April 04, 2024.
• Marcal Group sold 157 Beach 115th Street, Rockaway Park, Queens for $0 to Menachem Chazanow on February 12, 2024.
• Marcal Group sold 11-19 Foam Place, Far Rockaway, Queens for $4.8 million to Pinches Abowitz on January 31, 2024.
• Marcal Groupand Rester Management sold 3250 Westchester Avenue, 3651 Bruckner Blvd, and 3681 Bruckner Blvd, Pelham Bay, Bronx for $57 million to Marcal Group on March 13, 2023.
• Anil Kumar Saxena sold 1700 Flatbush Avenue and 1698 Flatbush Avenue, Flatlands, Brooklyn for $1.5 million to Marcal Group on December 23, 2022.
• Marcal Group sold 6010 Bay Parkway, Bensonhurst, Brooklyn for $81.5 million to MedProperties Realty Advisorsand Physicians Realty Trust on September 23, 2022.
• Marcal Group borrowed $8.4 million from Israel Discount Bank for 159-163 Beach 115th Street, 157 Beach 115th Street, 148 Beach 116th Street, and 150-152 Beach 116th Street, Rockaway Park, Queens on October 08, 2021.
• Marcal Group borrowed $32.3 million from Valley National Bank for 3003 Avenue J and 2361 Nostrand Avenue, Flatlands, Brooklyn on September 24, 2021.
• Marcal Group borrowed $10.1 million from Valley National Bank for 101-19 Rockaway Beach Blvd, Rockaway Park, Queens on July 28, 2020.
• Marcal Group sold 43553 Beach 65th Street, , , , , and others, Arverne, Queens for $13.9 million to David Ekstein on March 13, 2020.
Latest Stories:
• Menachem Chazanow buys $14.4M dev site from Marcal Group in Rockaway Park April 05, 2024
• Pinches Abowitz signs $12.6M construction loan for development in Far Rockaway February 05, 2024
• Pinches Abowitz pays $4.8M to Marcal Group for 66-unit dev site in Far Rockaway February 01, 2024
• $28.75M pre-foreclosure filed against Pelham Bay new development October 02, 2023