Ascher Berkowitz

Owner

$3.6 million* – office 53%, elevator 46%; Brooklyn 100%, Manhattan 0%

4414th largest portfolio by dollar value

42,810 sqft – office 53%, elevator 46%;

3103th largest by SF

2 properties – Brooklyn 100%, Manhattan 0%

3668th largest

22 residential units – Brooklyn 100%, Manhattan 0%

3128th largest by residential units

Borrower signatory: 3 for $19 million

Developer (new building or major alteration): 4.0 for 9,498 square feet

• Shimshon Grunstein borrowed $5.8 million from IceCap Group for 3602 Holland Avenue, Williamsbridge, Bronx on December 13, 2024.

• Big Dream Developers borrowed $7.4 million from Business Loan Capital for 1565 New York Avenue, East Flatbush, Brooklyn on February 02, 2024.

• Big Dream Developers borrowed $10.4 million from Golden Bridge Funding for 470 Flushing, Bedford-Stuyvesant, Brooklyn on December 27, 2022.

• Paula Gluck sold 470 Flushing, Bedford-Stuyvesant, Brooklyn for $10.7 million to Big Dream Developers and Isaac Schwartz on December 27, 2022.

• Big Dream Developers borrowed $7.4 million from BridgeCity Capital for 1565 New York Avenue, East Flatbush, Brooklyn on June 13, 2022.

• Ascher Berkowitz filed plans for new building for 4,644 sqft in Fordham Manor, Bronx, on June 08, 2022.

• Isacher Eilander borrowed $6.1 million from Broadview Capital for 1565 New York Avenue, East Flatbush, Brooklyn on April 19, 2021.

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

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