AbeCo Organization
6701 Bay Parkway, Third Floor Brooklyn, NY 11204
People:
AbeCo Organization portfolio
$23.4 million* – elevator 44%, mixed-use 22%; Brooklyn 100%, Manhattan 0%
1585th largest portfolio by dollar value
125,158 sqft – elevator 42%, walkup 32%;
1650th largest by SF
16 properties – Brooklyn 100%, Manhattan 0%
569th largest
242 residential units – Brooklyn 100%, Manhattan 0%
768th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $9.1 million
Seller company: 1 for $2 million
Borrower company: 2 for $31 million
Top Ten Associated Companies:
Scott Kupferman (2), Neil Kupferman (2), Mark Gerbush (1), Metropolitan Commercial Bank (1), Popular Bank (1), Bibi Salim (1), Amalgamated Bank (1), Margate Atlantic Properties (1)
Top Ten Associated People:
Neil Kupferman (2), Mark Gerbush (1), Bibi Salim (1), Raul Presco (1), Michael Betesh (1)
Recent activity as company:
• Margate Atlantic Properties sold 822 Broadway, Bedford Stuyvesant, Brooklyn for $2.1 million to AbeCo Organization on October 30, 2024.
• AbeCo Organization borrowed $15 million from Amalgamated Bank for 914 East New York Avenue, 906 East New York Avenue, and 916 East New York Avenue, East Flatbush, Brooklyn on September 05, 2024.
• AbeCo Organization sold 5402 Church Avenue, East Flatbush, Brooklyn for $2 million to Bibi Salim on June 12, 2024.
• AbeCo Organization borrowed $16 million from Popular Bank for 1-9 Putnam Avenue, Clinton Hill, Brooklyn on March 07, 2024.
• Scott Kupferman and Neil Kupferman sold 36-38 St Felix Street, Fort Greene, Brooklyn for $4 million to AbeCo Organization on August 23, 2023.
• Scott Kupferman and Neil Kupferman sold 581 Vanderbilt Avenue, Prospect Heights, Brooklyn for $3 million to AbeCo Organization on August 23, 2023.
• AbeCo Organization borrowed $15 million from Metropolitan Commercial Bank for 1881 Mcdonald Avenue and 369 Quentin Road, Gravesend, Brooklyn on November 15, 2022.
• AbeCo Organization for Abe Betesh filed plans for new building for 54,505 sqft in Clinton Hill, Brooklyn, on March 25, 2022.
• Abeco Organization for Abe Betesh filed plans for new building for 57,381 sqft in East Flatbush, Brooklyn, on March 18, 2021.
• Mark Gerbush sold 198 5th Avenue, 200 5th Avenue, Park Slope, Brooklyn for $3.8 million to AbeCo Organization on August 20, 2020.
Latest Stories:
• AbeCo pays $2.1M to Margate Atlantic for mixed-use in Bedford Stuyvesant (October 31, 2024)
Properties: