Abraham Brach
Owner
Abraham Brach portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$39.8 million – condo 47.0%, elevator 41.0%; Brooklyn 100.0%, Manhattan 0.0%
1083th largest portfolio by dollar value
357,479 sqft – elevator 54.0%, condo 34.0%;
790th largest by SF
113 properties – Brooklyn 100%, Manhattan 0%
56th largest
227 residential units – Brooklyn 100.0%, Manhattan 0.0%
574th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $2 million
Seller signatory: 0 for $0
Borrower signatory: 3 for $43 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
BridgeCity Capital (2), Rafael Rabinowitz (1), Hirsch Glanzer (1), Levon Capital (1), Webster Bank (1), Ponce Bank (1), Cheskel Brach (1), Blue Foundry Bank (1), G4 Capital Partners (1)
Top Ten Associated People:
Louis Lebovits (2), Rafael Rabinowitz (1), Hirsch Glanzer (1), Cheskel Brach (1), Christopher Canlas (1)
Recent activity as signatory:
• Abraham Brach borrowed $15 million from Levon Capital for 314 Rutledge Street, Williamsburg, Brooklyn on February 05, 2024.
• Abraham Brach borrowed $10 million from Ponce Bank for 859 Myrtle Avenue, Bedford Stuyvesant, Brooklyn on September 22, 2023.
• Abraham Brachand Andor Deutschand Max Lebowitz for Joseph Berger filed plans for major alteration for 64,112 sqft in Bedford Stuyvesant, Brooklyn, on April 27, 2023.
• Abraham Brach borrowed $18 million from BridgeCity Capital for 859 Myrtle Avenue, 859 Myrtle Avenue, 859 Myrtle Avenue, 859 Myrtle Avenue, 859 Myrtle Avenue, and others, Bedford Stuyvesant, Brooklyn on April 03, 2023.
• Hirsch Glanzer sold 314 Rutledge Street, Williamsburg, Brooklyn for $2 million to Abraham Brach on January 30, 2023.
• Abraham Brach for Abe Brach filed plans for new building for 58,882 sqft in Williamsburg, Brooklyn, on January 30, 2023.
• Abraham Brach sold 66 Gerry Street, Williamsburg, Brooklyn for $5 million to Rafael Rabinowitz on January 11, 2023.
• Abraham Brach borrowed $15 million from Blue Foundry Bank for 869 Myrtle Avenue, Bedford-Stuyvesant, Brooklyn on December 14, 2022.
• Abraham Brach borrowed $6.4 million from Webster Bank for 843 Myrtle Avenue, 96 Stockton Street, 567 Marcy Avenue, and 88 Stockton Street, Bedford-Stuyvesant, Brooklyn on August 03, 2022.
• Abraham Brach borrowed $78.7 million from G4 Capital Partners for 871 Myrtle Avenue, 847 Myrtle Avenue, 88 Stockton Street, 96 Stockton Street, 565 Marcy Avenue, and others, Bedford-Stuyvesant, Brooklyn on June 10, 2021.
Latest Stories:
• Rafael Rabinowitz plans two buildings in Williamsburg with combined 8 units March 10, 2023
• Rabsky Group affiliate pays $5M to Abraham Brach for dev site in Williamsburg January 12, 2023