Hirshmark Capital
People:
Hirshmark Capital portfolio
$11.3 million* – office 33%, walkup 30%; Brooklyn 43%, Manhattan 33%
2487th largest portfolio by dollar value
52,793 sqft – office 39%, walkup 28%;
2784th largest by SF
6 properties – Brooklyn 66%, Manhattan 16%
1386th largest
36 residential units – Brooklyn 58%, Queens 41%
2547th largest by residential units
46 foreclosures, 9 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $19.6 million
Seller company: 2 for $6.3 million
Borrower company: 1 for $5.8 million
Lender company: 29 for $136.9 million
Top Ten Associated Companies:
Matthew Schwartz (3), Hashem Dardashtian (2), Mortar Group (2), Baruch Singer (2), Ariel Zar Yacobi (2), Jacob Rubin (2), Arch Companies (2), Elizabeth Foundation for the Arts (2), Frances Gorga (2), Israel Kozlik (1)
Top Ten Associated People:
Anthony Morena (3), Matthew Schwartz (3), Ariel Zar Yacobi (2), Jared Chassen (2), Angelo Rigas (2), Hashem Dardashtian (1), Israel Kozlik (1), Laura Torrado (1), Antonio Ambrosino (1), Fred Ohebshalom (1)
Recent activity as company:
• Lev Wolkowicki borrowed $6.1 million from Hirshmark Capital for 143-30 Sanford Avenue, Flushing, Queens on January 17, 2025.
• David Winter borrowed $0 from Hirshmark Capital for 167 North 9th Street, Williamsburg, Brooklyn on January 02, 2025.
• City Urban Realty borrowed $5.9 million from Northeast Bank for 421 East 12th Street and 511 East 6th Street, East Village, Manhattan on December 27, 2024.
• Ibrahim Mustafa borrowed $0 from Hirshmark Capital for 270 E 2nd Street and 274 E 2nd Street, Kensington, Brooklyn on December 12, 2024.
• Goose Property Management borrowed $17.5 million from S3 Capital for N/A 3rd Avenue, Gowanus, Brooklyn on December 02, 2024.
• Baruch Singer borrowed $8.5 million from BDP Assets for 114 Delancey Street, Lower East Side, Manhattan on November 29, 2024.
• James Y.A. Pastreich borrowed $0 from Hirshmark Capital for 554 West 28th Street, Chelsea, Manhattan on November 26, 2024.
• Claudio Soifer borrowed $18 million from Naftali Credit Partners for 171 4th Avenue, Park Slope, Brooklyn on November 25, 2024.
• Azimuth Development Group borrowed $10.2 million from Webster Bank for 1328 Castle Hill Avenue and 1300 Castle Hill Avenue, Westchester Square, Bronx on November 15, 2024.
• Kenneth Chan borrowed $6.2 million from Hirshmark Capital for 302 Butler Street, 314 Butler Street, and 300 Butler Street, Gowanus, Brooklyn on November 08, 2024.
Latest Stories:
• Double U Realty pays $8.9M for dev site in Greenpoint (February 03, 2025)
• Harper family files $24M bankruptcy for property in FiDi, UWS, Florida (January 28, 2025)
• Lev Wolkowicki buys bankrupt 80-unit rental in Flushing, borrows $6.1M (January 21, 2025)
• P. Zaccaro signs $76.6M refi for five properties in Manhattan (January 03, 2025)
• Baruch Singer signs $8.5M refi for mixed-use retail in Lower East Side (December 02, 2024)
• Shilians pay $3.3M to Hirshmark for 16-unit walkup in Bedford Stuyvesant (October 16, 2024)
• Good Fortune Realty signs $7.6M refi with NewBank for retail in Flushing (September 04, 2024)
Court Records:
Properties: