Marcal Group

themarcalgroup.com/team

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Marcal Group portfolio

$59.6 million* – office 75%, retail 15%; Bronx 66%, Brooklyn 26%

843th largest portfolio by dollar value

318,842 sqft – office 84%, retail 10%;

868th largest by SF

12 properties – Queens 41%, Brooklyn 33%

723th largest

61 residential units – Queens 98%, Brooklyn 1%

1935th largest by residential units

1 foreclosure, 0 bankruptcies, 4 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $57 million

Seller company: 4 for $76.2 million

Top Ten Associated Companies:

Menachem Chazanow (2), Valley National Bank (2), Samuel Weiss (1), CIT Bank (1), MedProperties Realty Advisors (1), Physicians Realty Trust (1), Marcal Group (1), Pinches Abowitz (1), David Ekstein (1), Anil Kumar Saxena (1)

Top Ten Associated People:

Menachem Chazanow (2), Lynn A. Brown (1), Mark Caller (1), Pinches Abowitz (1), Anil Kumar Saxena (1), Marc G. Cooper (1)

Recent activity as company:

• Marcal Group sold 157 Beach 115th Street, Rockaway Park, Queens for $14.4 million to Menachem Chazanow on April 04, 2024.

• Marcal Group sold 157 Beach 115th Street, Rockaway Park, Queens for $0 to Menachem Chazanow on February 12, 2024.

• Marcal Group sold 11-19 Foam Place, Far Rockaway, Queens for $4.8 million to Pinches Abowitz on January 31, 2024.

• Marcal Group and Rester Management sold 3250 Westchester Avenue, 3651 Bruckner Blvd, and 3681 Bruckner Blvd, Pelham Bay, Bronx for $57 million to Marcal Group on March 13, 2023.

• Anil Kumar Saxena sold 1700 Flatbush Avenue and 1698 Flatbush Avenue, Flatlands, Brooklyn for $1.5 million to Marcal Group on December 23, 2022.

• Marcal Group sold 6010 Bay Parkway, Bensonhurst, Brooklyn for $81.5 million to MedProperties Realty Advisors and Physicians Realty Trust on September 23, 2022.

• Marcal Group for Abraham Caller filed plans for new building for 84,565 sqft in Rockaway Park, Queens, on April 26, 2022.

• Marcal Group for Abraham Caller filed plans for new building for 66,154 sqft in Far Rockaway, Queens, on February 16, 2022.

• Marcal Group for Abraham Caller filed plans for new building for 180,091 sqft in Pelham Bay, Bronx, on December 14, 2021.

• Marcal Group borrowed $8.4 million from Israel Discount Bank for 159-163 Beach 115th Street, 157 Beach 115th Street, 148 Beach 116th Street, and 150-152 Beach 116th Street, Rockaway Park, Queens on October 08, 2021.