Joel Jacob

Owner

$9.2 million* – elevator 88%, retail 11%; Brooklyn 100%, Manhattan 0%

2798th largest portfolio by dollar value

55,374 sqft – elevator 85%, retail 14%;

2720th largest by SF

2 properties – Brooklyn 100%, Manhattan 0%

3245th largest

54 residential units – Brooklyn 100%, Manhattan 0%

2089th largest by residential units

Seller signatory: 1 for $8.9 million

Borrower signatory: 1 for $6.5 million

Developer (new building or major alteration): 9.0 for 0 square feet

Matthew Rawlsky (1), Conrad J. Gordon (1), Grace Chiang (1), Ilya Parnas (1)

• Joel Jacob and Morris Jacobs sold 2102 Ralph Avenue, Flatlands, Brooklyn for $8.9 million to Ilya Parnas on November 25, 2024.

• Joel Jacob borrowed $6.5 million from Starwood Mortgage Capital for 1290 Fulton Street, Bedford Stuyvesant, Brooklyn on March 28, 2023.

• Joel Jacob borrowed $23 million from Bravo Capital for 1620 New York Avenue, East Flatbush, Brooklyn on May 11, 2022.

• Conrad J. Gordon sold 1290-94 Fulton Street, Bedford-Stuyvesant, Brooklyn for $4.7 million to Joel Jacob on January 03, 2022.

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

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