Abraham Betesh
AbeCo Organization
Owner
6701 Bay Parkway, Third Floor Brooklyn, NY 11204
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
Person Activity past 24 months:
Buyer signatory: 1 for $2.1 million
Seller signatory: 1 for $2 million
Borrower signatory: 2 for $31 million
Top Ten Associated Companies:
Metropolitan Commercial Bank (2), Popular Bank (2), Ruben Azrak (1), Bibi Salim (1), Amalgamated Bank (1), Rosemawr Management (1), Margate Atlantic Properties (1)
Top Ten Associated People:
Steve Dorritie (1), Gary Hoffson (1), Ruben Azrak (1), Bibi Salim (1), Raul Presco (1), Greg Shlionsky (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.
• AbeCo Organization borrowed $15 million from Metropolitan Commercial Bank for 1881 Mcdonald Avenue and 369 Quentin Road, Gravesend, Brooklyn on November 15, 2022.
• Ruben Azrak sold 473 Tompkins Avenue, Bedford-Stuyvesant, Brooklyn for $2.4 million to Abraham Betesh on September 22, 2022.
• Hidrock Properties borrowed $12.3 million from Popular Bank for 1288 East 19th Street, Midwood, Brooklyn on June 28, 2022.
• Abraham Betesh borrowed $12.2 million from Metropolitan Commercial Bank for 906 East New York Avenue, 916 East New York Avenue, and 914 East New York Avenue, East Flatbush, Brooklyn on May 09, 2022.
• Abraham Betesh borrowed $5.1 million from company for 1256 Ocean Avenue, Flatbush, Brooklyn on January 24, 2022.
• Rosemawr Management sold 166 Kings Highway, Gravesend, Brooklyn for $4.8 million to Abraham Betesh on April 05, 2021.
Latest Stories:
• AbeCo pays $2.1M to Margate Atlantic for mixed-use in Bedford Stuyvesant (October 31, 2024)
• Abraham Betesh pays $4.8M to Rosemawr for school development in Gravesend (April 06, 2021)
• Rosemawr Management pays $24.6M to Hebrew Public for property in Gravesend (December 10, 2020)