Moses Karpen

Developer, Owner

Moses Karpen NYC portfolio

$184 million* – walkup 42.0%, elevator 26.0%; Brooklyn 98.0%, Queens 1.0%

783th largest portfolio by dollar value

234,712 sqft – walkup 56.0%, elevator 29.0%;

1048th largest by SF

35 properties – Brooklyn 97%, Queens 2%

269th largest

297 residential units – Brooklyn 97.0%, Queens 2.0%

642th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Person Activity past 24 months:

Buyer signatory: 4 for $24.5 million

Borrower signatory: 6 for $56 million

Developer (new building or major alteration): 35 for 102,892 square feet

Top Ten Associated Companies:

Bank of Princeton (3), Parke Bank (3), Valley National Bank (2), Carlyle Group (2), Greenbrook Partners (2), Christopher K. Sowers (1), Castellan Capital (1), Arbor Realty Trust (1), Donnie L. Scruggs (1), David R. Burke (1)

Top Ten Associated People:

Carter Martin (2), Christopher K. Sowers (1), Joel Hammer (1), Donnie L. Scruggs (1), David R. Burke (1), Peggy Lane (1), Terence J. McArdle (1), Nicholas J. Pantilione (1), Francesco Pizzolla (1), Terence McArdle (1)

Recent activity as company:

• Moses Karpen filed plans for new building for 4,936 sqft in Bedford Stuyvesant, Brooklyn, on February 19, 2025.

• Donnie L. Scruggs and David R. Burke sold 87 Franklin Avenue, Bedford Stuyvesant, Brooklyn for $2.2 million to Moses Karpen on June 06, 2024.

• Moses Karpen borrowed $8 million from Parke Bank for 906 Kent Avenue, Bedford Stuyvesant, Brooklyn on May 01, 2024.

• Moses Karpen borrowed $10.8 million from BridgeCity Capital for 141 Ross Street, Williamsburg, Brooklyn on April 12, 2024.

• Joel Landau and Hershel Silberstein sold 141 Ross Street, Williamsburg, Brooklyn for $14.6 million to Moses Karpen on April 12, 2024.

• Moses Karpen borrowed $8.9 million from Parke Bank for 91 Gerry Street, Williamsburg, Brooklyn on February 28, 2024.

• Henry Grunfeld sold 91 Gerry Street, Williamsburg, Brooklyn for $2.5 million to Moses Karpen on February 28, 2024.

• Moses Karpen and Moses Lefkowitz borrowed $8.1 million from Bank of Princeton for 899 Fulton Street, Clinton Hill, Brooklyn on October 26, 2023.

• Moses Karpen borrowed $9.7 million from Castellan Capital for 691 Broadway, 693 Broadway, 697 Broadway, 20 Cook Street, and 18 Cook Street, Williamsburg, Brooklyn on June 20, 2023.

• Richard Cedillo sold 906 Kent Avenue and 908 Kent Avenue, Bedford Stuyvesant, Brooklyn for $5.2 million to Moses Karpen on April 19, 2023.