Ben Beitel

Owner

Ben Beitel portfolio

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

$1.2 million – B1 100%; Brooklyn 100%, Manhattan 0%

6117th largest portfolio by dollar value

1,440 sqft – B1 100%;

7164th largest by SF

2 residential units – Brooklyn 100%, Manhattan 0%

796th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $6 million

Seller signatory: 0 for $0

Borrower signatory: 4 for $312.2 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Slate Property Group (3), John Lage (2), William Nussen (1), Cerco Funding (1), Parke Bank (1), Gina Jannuzzi (1)

Top Ten Associated People:

John Lage (2), Stephen Krasman (2), William Nussen (1), Gina Jannuzzi (1)

Recent activity as signatory:

• Beitel Group borrowed $112.9 million from Slate Property Group for 315 Grand Concourse, 270 Walton Avenue, and 261 Grand Concourse, Mott Haven, Bronx on October 02, 2024.

• Gina Jannuzzi sold 1702 62nd Street, Bensonhurst, Brooklyn for $2 million to Ben Beitel on July 17, 2024.

• Beitel Group borrowed $16.9 million from Parke Bank for 1547 60th Street, Borough Park, Brooklyn on July 09, 2024.

• Beitel Group borrowed $150 million from Slate Property Group for 120 East 144th Street, Mott Haven, Bronx on April 22, 2024.

• Beitel Group borrowed $32.4 million from Slate Property Group for 120 East 144th Street, Mott Haven, Bronx on April 15, 2024.

• William Nussen sold 1547-1555 60th Street, Borough Park, Brooklyn for $4 million to Beitel Group on May 22, 2023.

• Beitel Group borrowed $27.5 million from Cerco Funding for 270 Walton Avenue, 315 Grand Concourse, and 261 Grand Concourse, Mott Haven, Bronx on December 06, 2022.

• John Lage sold 315 Grand Concourse, Mott Haven, Bronx for $8 million to Beitel Group on December 06, 2022.

• John Lage sold 270 Walton Avenue, Mott Haven, Bronx for $15.3 million to Beitel Group on December 06, 2022.

• Ben Beitel filed plans for new building for 89,622 sqft in Flatbush, Brooklyn, on October 05, 2018.

Properties:

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