Yoel Zagelbaum
Owner
Yoel Zagelbaum portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$12.4 million – hotel 94.0%, N2 3.0%; Manhattan 94.0%, Brooklyn 5.0%
2310th largest portfolio by dollar value
142,316 sqft – N2 63%, hotel 36%;
1508th largest by SF
4 properties – Brooklyn 75%, Manhattan 25%
153th largest
27 residential units – Manhattan 62%, Brooklyn 37%
771th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $31 million
Seller signatory: 0 for $0
Borrower signatory: 6 for $137.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Mizuho Bank (11), Bear Creek Asset Management (5), Asher Shafran (2), Yosef Rabinowitz (2), Moshe Glassman (1), Daniel Rabinowitz (1), Mukeshkumar Patel (1), Tracy Cohen (1), David Levitan (1), Steven Berger (1)
Top Ten Associated People:
Mirza Kafedzic (9), Daniel Rabinowitz (2), Asher Shafran (2), Joseph H. M. Roddy (2), Yosef Rabinowitz (2), Michael Kowal (1), Mukeshkumar Patel (1), Tracy Cohen (1), David Levitan (1), John Gleber (1)
Recent activity as signatory:
• Yoel Zagelbaum borrowed $23.2 million from Mizuho Bank for 21 Duryea Place, Flatbush, Brooklyn on January 04, 2024.
• David Levitan sold 21 Duryea Place, Flatbush, Brooklyn for $31 million to Yoel Zagelbaum on January 04, 2024.
• Yoel Zagelbaum borrowed $9.5 million from Mizuho Bank for 1732-1734 Webster Avenue, Morrisania, Bronx on March 02, 2023.
• Yoel Zagelbaum borrowed $13 million from Mizuho Bank for 2342 Washington Avenue and 2329 Bassford Avenue, Belmont/Little Italy, Bronx on March 01, 2023.
• Yoel Zagelbaum borrowed $38.9 million from Mizuho Bank for 129-141 South Elliott Place, 68 Hanson Place, and 62 Hanson Place, Fort Greene, Brooklyn on March 01, 2023.
• Yoel Zagelbaum borrowed $30.2 million from Mizuho Bank for 161 Lexington Avenue, Kips Bay, Manhattan on March 01, 2023.
• Yoel Zagelbaum borrowed $22.3 million from Mizuho Bank for 399 3rd Avenue, Gowanus, Brooklyn on March 01, 2023.
• Yosef Rabinowitz sold 1790 Marmion Avenue, East Morrisania, Bronx for $8 million to Yoel Zagelbaum on December 14, 2022.
• Yosef Rabinowitz sold 673 East 231st Street and 671 East 231st Street, Wakefield, Bronx for $4.9 million to Yoel Zagelbaum on December 14, 2022.
• Yoel Zagelbaum borrowed $15.2 million from Mizuho Bank for 360 East 193rd Street, Fordham Manor, Bronx on November 21, 2022.
Latest Stories:
• Borough Developers pays $12M to Slate for 101-unit dev site in Fort Greene January 09, 2024
• Yoel Zagelbaum affiliate pays $31M for 197-bed homeless shelter in Flatbush January 05, 2024
• Borough Developers plans 101-unit building in Fort Greene December 02, 2023
• Yoel Zagelbaum entities borrow $104.4M against 7 properties in NYC March 02, 2023
• Yoel Zagelbaum affiliate pays $12.9M to Yosef Rabinowitz for Bronx parcels December 15, 2022
• Slate pays $42.6M to Salvation Army in Fort Greene October 10, 2022
• Yoel Zagelbaum affiliate pays $30.5M for homeless shelter building in Gowanus August 18, 2022