Benzion Wachsman

(Benzion A. Wachsman)

Owner

Benzion Wachsman portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$70.4 million – elevator 85%, walkup 9%; Bronx 57%, Brooklyn 35%

728th largest portfolio by dollar value

948,061 sqft – elevator 87%, walkup 11%;

345th largest by SF

28 properties – Brooklyn 50%, Bronx 46%

129th largest

969 residential units – Bronx 60%, Brooklyn 34%

229th largest by residential units

Notes

Owns through BAW Equities.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 1 for $12.6 million

Borrower signatory: 3 for $26.8 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

JPMorgan Chase (5), New York Community Bank (5), Urban Home Ownership Corporation (1)

Top Ten Associated People:

Ursula Flores (3), Paul Moore (1), Alan L. Kaufman (1)

Recent activity as signatory:

• Benzion Wachsman borrowed $10.9 million from JPMorgan Chase for 701 Ralph Avenue, 29 Sutter Avenue, 32 Sutter Avenue, 26 Sutter Avenue, and 38 Sutter Avenue, Brownsville, Brooklyn on January 07, 2025.

• Benzion Wachsman borrowed $8.3 million from JPMorgan Chase for 1607 Prospect Place, 1621 Prospect Place, and 1593 Prospect Place, Crown Heights, Brooklyn on December 04, 2023.

• Truman Development sold 1705 Hoe Avenue and 1695 Hoe Avenue, East Morrisania, Bronx for $12.6 million to Urban Home Ownership Corporation on October 30, 2023.

• Benzion Wachsman borrowed $7.5 million from JPMorgan Chase for 1102 President Street and 1106 President Street, Crown Heights, Brooklyn on September 06, 2023.

• Benzion Wachsman borrowed $9.1 million from JPMorgan Chase for 601 East 149th Street, 611 East 149th Street, and 560 Eagle Avenue, Longwood, Bronx on October 04, 2022.

• Benzion Wachsman borrowed $21.3 million from New York Community Bank for 645 Prospect Avenue, Longwood, Bronx on April 27, 2022.

• Benzion Wachsman borrowed $6.5 million from JPMorgan Chase for 1360 Eastern Parkway and 1370 Eastern Parkway, Crown Heights, Brooklyn on November 19, 2021.

• Benzion Wachsman borrowed $9 million from New York Community Bank for 420 East 146th Street, Mott Haven, Bronx on March 08, 2021.

• Benzion Wachsman borrowed $5.1 million from New York Community Bank for 1621 Prospect Place, 1607 Prospect Place, and 1593 Prospect Place, Crown Heights, Brooklyn on March 02, 2021.

• Benzion Wachsman borrowed $25.9 million from New York Community Bank for 1820 Phelan Place, 1840 Sedgwick Avenue, 1725 Andrews Avenue South, Billingsley Terrace, 1760 Andrews Avenue South, and others, Highbridge, Bronx on November 02, 2020.