Abraham Posner

Owner

1274 49th St #444 Brooklyn, NY 11219

Abraham Posner portfolio

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

$11.1 million – elevator 69.0%, walkup 13.0%; Brooklyn 98.0%, Queens 1.0%

2462th largest portfolio by dollar value

92,885 sqft – elevator 45.0%, hotel 28.0%;

2004th largest by SF

7 properties – Brooklyn 85%, Queens 14%

150th largest

68 residential units – Brooklyn 89.0%, Queens 10.0%

730th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $10

Seller signatory: 0 for $0

Borrower signatory: 1 for $16 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Mendel Deutsch (1), Popular Bank (1), Ponce Bank (1), Valley National Bank (1), Joel Schwartz (1)

Top Ten Associated People:

Mendel Deutsch (1), Gary Hoffson (1), Steve A. Tsavaris (1), Joel Schwartz (1)

Recent activity as signatory:

• Joel Schwartz sold 104 Frost Street, Williamsburg, Brooklyn for $10 to Abraham Posner on November 01, 2024.

• Abraham Posner borrowed $16 million from Ponce Bank for 65 Eckford Street, Greenpoint, Brooklyn on March 31, 2023.

• Abraham Posner borrowed $13.1 million from Popular Bank for 82 4th Avenue, Boerum Hill, Brooklyn on August 11, 2022.

• Mendel Deutsch sold 475 Woodward Avenue, Ridgewood, Queens for $2.3 million to Abraham Posner on June 02, 2022.

• Abraham Posner for Abe Posner filed plans for new building for 44,313 sqft in Greenpoint, Brooklyn, on April 05, 2022.

• Abraham Posner borrowed $9.2 million from Valley National Bank for 1010-1012 Rogers Avenue, Flatbush, Brooklyn on July 19, 2021.

Properties:

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