Zalmen Wagschal
Owner
Zalmen Wagschal portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$11.3 million – walkup 73%, hotel 18%; Brooklyn 100%, Manhattan 0%
2448th largest portfolio by dollar value
80,356 sqft – walkup 77%, hotel 19%;
2164th largest by SF
11 properties – Brooklyn 100%, Manhattan 0%
146th largest
89 residential units – Brooklyn 100%, Manhattan 0%
709th largest by residential units
12 foreclosures, 13 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 2 for $6.1 million
Borrower signatory: 1 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Cross River Bank (1), Extensia Financial (1), Hanover Community Bank (1), Aron Stark (1), Mosha Mann (1), Monarch Realty Holdings (1), Citibank (1), A&S Capital (1)
Top Ten Associated People:
Allan J. Weiss (1), Brianna Vaughan (1), Aron Stark (1), Mosha Mann (1)
Recent activity as signatory:
• Zalmen Wagschal borrowed $0 from Monarch Realty Holdings for 33 Nevins Street, Boerum Hill, Brooklyn on October 24, 2023.
• Zalmen Wagschal sold 3421 Snyder Avenue, N/A East 35th Street, and N/A East 35th Street, East Flatbush, Brooklyn for $3.1 million to Mosha Mann on October 19, 2023.
• Zalmen Wagschal sold 1453 Sutter Avenue and 1451 Sutter Avenue, East New York, Brooklyn for $3 million to Aron Stark on October 16, 2023.
• Zalmen Wagschal borrowed $11.6 million from Hanover Community Bank for 1631 St Johns Place, 252 Schenectady Avenue, 1629 St Johns Place, and 263 Clifton Place, Crown Heights, Brooklyn on August 17, 2022.
• Zalmen Wagschal borrowed $12 million from Extensia Financial for 1725 St Marks Avenue, Brownsville, Brooklyn on June 06, 2022.
• Zalmen Wagschal borrowed $6.3 million from Cross River Bank for 1725 St Marks Avenue, Brownsville, Brooklyn on March 24, 2022.
• Zalmen Wagschal borrowed $6.7 million from A&S Capital for 1369 St Johns Place and 1365 St Johns Place, Crown Heights, Brooklyn on September 08, 2021.
• Zalmen Wagschal borrowed $22.5 million from Citibank for 4219 15th Avenue, 119 Albany Avenue, 1100 Dekalb Avenue, 662 Park Place, 32 Claver Place, and others, Kensington, Brooklyn on August 26, 2021.
Latest Stories:
• Zalmen Wagschal sells 3 walkups in East Flatbush for $3.1M October 20, 2023
• Aron Stark pays $3M to Zalmen Wagschal for East New York dev site October 17, 2023
Litigation: