Alex Arker

Arker Companies

Arker Companies portfolio

$567.3 million* – elevator 43.0%, walkup 19.0%; Brooklyn 48.0%, Bronx 26.0%

106th largest portfolio by dollar value

5,448,521 sqft – elevator 51.0%, walkup 25.0%;

54th largest by SF

105 properties – Brooklyn 45%, Bronx 34%

82th largest

5,559 residential units – Brooklyn 40.0%, Bronx 38.0%

32th largest by residential units

Person Activity past 24 months:

Seller signatory: 2 for $19.1 million

Developer (new building or major alteration): 50.0 for 0 square feet

Top Ten Associated Companies:

Yechiel Newhouse (2), Mallory Management (1), Merchants Bank of Indiana (1)

Top Ten Associated People:

Yechiel Newhouse (2), Steven Beberman (1)

Recent activity as company:

Arker Companies, Radson Development and Maddd Equities sold 950 Westchester Avenue and 950 Westchester Avenue, Longwood, Bronx for $8.6 million to Yechiel Newhouse on October 30, 2023.

Arker Companies sold 950 Westchester Avenue, Longwood, Bronx for $10.5 million to Yechiel Newhouse on October 30, 2023.

Arker Companies borrowed $26 million from Merchants Bank of Indiana for 22-10 New Haven Avenue, Far Rockaway, Queens on April 25, 2022.

Mallory Management sold 22-10 New Haven Avenue, Far Rockaway, Queens for $45 million to Arker Companies on April 25, 2022.

Alex Arker filed plans for new building for 161,782 sqft in Edgemere, Queens, on October 19, 2020.

Alex Arker filed plans for new building for 220,478 sqft in Edgemere, Queens, on September 25, 2020.

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

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