Moshe Glassman

Owner

Moshe Glassman portfolio

$6 million* – N2 62%, industrial 37%; Queens 89%, Bronx 10%

3484th largest portfolio by dollar value

37,294 sqft – industrial 68%, N2 31%;

3302th largest by SF

3 properties – Queens 66%, Bronx 33%

2566th largest

14 residential units – Queens 100%, Manhattan 0%

3665th largest by residential units

2 foreclosures, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $5.5 million

Borrower signatory: 2 for $15.2 million

Top Ten Associated Companies:

M&T Bank (4), TriState Capital Bank (1), Daniel Weiss (1), Ahron Weissman (1), Popular Bank (1)

Top Ten Associated People:

Drew Kessler (3), Daniel Weiss (1), Ahron Weissman (1), David Rabban (1)

Recent activity as company:

Bayrock Capital borrowed $9.1 million from Popular Bank for 2101 Needham Avenue and N/A Boston Road, Edenwald, Bronx on January 30, 2025.

Bayrock Capital borrowed $6.2 million from M&T Bank for 23-34 30th Avenue, Astoria, Queens on August 18, 2023.

• Daniel Weiss and Ahron Weissman sold 23-34 30th Avenue, Astoria, Queens for $5.5 million to Bayrock Capital on August 18, 2023.

Bayrock Capital borrowed $7.8 million from TriState Capital Bank for 132-26 South Conduit Avenue, South Ozone Park, Queens on January 05, 2023.

Bayrock Capital borrowed $11.4 million from M&T Bank for 1682 Stillwell Avenue, Morris Park, Bronx on November 30, 2022.

Moshe Glassman borrowed $8.8 million from M&T Bank for 243-02 Northern Boulevard, Little Neck, Queens on July 21, 2022.

Moshe Glassman borrowed $22.7 million from M&T Bank for 1614 Summerfield Street, Ridgewood, Queens on January 20, 2022.

Latest Stories:

• Bayrock Capital signs $9.1M refi for dev site in Edenwald (January 31, 2025)

• Bayrock Capital pays $5.5M for medical office in Astoria (August 21, 2023)

• Bayrock Capital pays $11M to Hersha Hospitality Trust for hotel ground lease in South Ozone Park (November 15, 2022)

• Moshe Glassman signs $22.7M refi loan with M&T Bank for 125-unit elevator building in Ridgewood (January 21, 2022)

• Bayrock Capital pays $4.8M for planned homeless shelter in Douglaston (December 23, 2020)

• Bayrock Capital pays $4.8M to Peter Ciregna for property in Pelham Parkway (December 01, 2020)

• Developer files to convert storage building to 40K sf community facility in Pelham Parkway (November 25, 2020)

• Moshe Glassman borrows $13M from M&T Bank for commercial property in Ridgewood (January 10, 2020)

Court Records:

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Properties:

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

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