Daniel Hedaya

DAX Real Estate

Owner

DAX Real Estate portfolio

$25.9 million* – mixed-use 77%, walkup 9%; Brooklyn 100%, Manhattan 0%

1467th largest portfolio by dollar value

95,922 sqft – mixed-use 71%, industrial 15%;

1993th largest by SF

16 properties – Brooklyn 100%, Manhattan 0%

564th largest

56 residential units – Brooklyn 100%, Manhattan 0%

2039th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Person Activity past 24 months:

Buyer signatory: 2 for $11.4 million

Seller signatory: 1 for $6.1 million

Developer (new building or major alteration): 22.0 for 15,825 square feet

Top Ten Associated Companies:

Mendel Gold (2), IberiaBank (1), Lilly Vertuccio (1), First Horizon Bank (1), Howard Hershkovich (1), Laraine Bronn (1), Lawrence Ben Pomeroy (1), Lisa Anne Martins (1), Thomas K. Carini (1), Sterling National Bank (1)

Top Ten Associated People:

Mendel Gold (2), Lilly Vertuccio (1), Christopher J. Alleva (1), Howard Hershkovich (1), Laraine Bronn (1), Lawrence Ben Pomeroy (1), Michael Janus (1), Michael Vitale (1), Monique Luchetti (1), Dianne Arnold (1)

Recent activity as company:

• Lisa Anne Martins and Thomas K. Carini sold 30 Franklin Street, 38 Franklin Street, 36 Franklin Street, and 266 Banker Street, Greenpoint, Brooklyn for $7.8 million to DAX Real Estate on October 01, 2024.

DAX Real Estate sold 159 Franklin Street, Greenpoint, Brooklyn for $6.1 million to Lawrence Ben Pomeroy on March 25, 2024.

Laraine Bronn sold 128 Franklin Street, Greenpoint, Brooklyn for $3.6 million to DAX Real Estate on March 01, 2023.

DAX Real Estate borrowed $15 million from First Horizon Bank for 232 North 12th Street, 234 North 12th Street, and 236 North 12th Street, Williamsburg, Brooklyn on December 09, 2022.

Lilly Vertuccio sold 232 North 12th Street, 234 North 12th Street, and 236 North 12th Street, Williamsburg, Brooklyn for $21.8 million to DAX Real Estate on December 09, 2022.

DAX Real Estate borrowed $7.7 million from Webster Bank for 197 Franklin Street and 195 Franklin Street, Greenpoint, Brooklyn on August 29, 2022.

Howard Hershkovich sold 191 Grand Street, Williamsburg, Brooklyn for $5.8 million to Meadow Partners and DAX Real Estate on June 01, 2022.

Mendel Gold sold None, Williamsburg, Brooklyn for $4 million to DAX Real Estate on March 04, 2022.

DAX Real Estate borrowed $9.2 million from IberiaBank for 237 Kent Avenue and 235 Kent Avenue, Williamsburg, Brooklyn on December 30, 2021.

Mendel Gold sold 237 Kent Avenue and 235 Kent Avenue, Williamsburg, Brooklyn for $12.3 million to DAX Real Estate on December 30, 2021.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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