Joel Teitelbaum

Owner

Joel Teitelbaum portfolio

$7.1 million* – industrial 53%, mixed-use 31%; Brooklyn 42%, Queens 31%

3198th largest portfolio by dollar value

56,264 sqft – industrial 75%, mixed-use 16%;

2688th largest by SF

5 properties – Brooklyn 60%, Bronx 20%

1658th largest

12 residential units – Brooklyn 100%, Manhattan 0%

3805th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $6.8 million

Seller signatory: 1 for $4.3 million

Borrower signatory: 3 for $70.5 million

Developer (new building or major alteration): 2.0 for 6,011 square feet

Top Ten Associated People:

Carter Martin (2), Steven D. Corsun (1), Tibor Katz (1), Jacob Nimmer (1), Yaron Rosenthal (1)

Recent activity as company:

Parts Authority sold 33 Franklin Avenue, Bedford Stuyvesant, Brooklyn for $3.8 million to Joel Teitelbaum on January 24, 2025.

Joel Teitelbaum and Matt Katz borrowed $35 million from Amalgamated Bank for 26-04 Jackson Avenue, Long Island City, Queens on October 29, 2024.

Tibor Katz sold 208 Broadway, Williamsburg, Brooklyn for $3 million to Joel Teitelbaum on March 06, 2024.

Watermark Capital Group borrowed $9.8 million from Broadview Capital for 295 Willoughby Avenue, Bedford Stuyvesant, Brooklyn on December 05, 2023.

Joel Teitelbaum and Matt Katz borrowed $25.8 million from BridgeCity Capital for 26-04 Jackson Avenue, Long Island City, Queens on November 17, 2023.

Joel Teitelbaum and Chaim Halberstam sold 1721 Putnam Avenue, Ridgewood, Queens for $4.3 million to Carlyle Group and Greenbrook Partners on September 08, 2023.

Steven D. Corsun sold 555 East 242nd St, Wakefield, Bronx for $4.1 million to Joel Teitelbaum on May 10, 2022.

• Yoel Weiss sold 605 Onderdonk Avenue, Ridgewood, Queens for $2.2 million to Carlyle Group and Greenbrook Partners on March 09, 2022.

Properties:

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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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