Joel Wieder

Owner

Joel Wieder portfolio

$12.5 million* – elevator 38%, D3 18%; Brooklyn 87%, Bronx 12%

2334th largest portfolio by dollar value

45,543 sqft – elevator 44%, walkup 40%;

2997th largest by SF

7 properties – Brooklyn 71%, Bronx 28%

1219th largest

120 residential units – Brooklyn 55%, Bronx 45%

1273th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $5.7 million

Borrower signatory: 4 for $75.7 million

Top Ten Associated People:

Albert Gurakuq Gjonbalaj (1), Terence McArdle (1), Allen Schifino (1)

Recent activity as company:

Joel Wieder borrowed $12 million from S3 Capital for 57 South 6th Street, Williamsburg, Brooklyn on August 28, 2024.

Joel Wieder borrowed $17.2 million from Valley National Bank for 1892-1896 University Avenue, Morris Heights, Bronx on May 02, 2024.

Joel Wieder borrowed $34.8 million from NorthEast Community Bank for 2047 Ryer Avenue, Fordham Heights, Bronx on April 09, 2024.

Spaxel sold 2047 Ryer Avenue, Fordham Heights, Bronx for $5.7 million to Joel Wieder on August 02, 2023.

David Grunfeld and Joel Wieder borrowed $11.7 million from Northeast Community Bank for 1892-1896 University Avenue, Morris Heights, Bronx on February 10, 2023.

Joel Wieder borrowed $10.5 million from S3 Capital for 75 Mcguinness Boulevard and 73 Mcguinness Boulevard, Greenpoint, Brooklyn on January 14, 2022.

Allen Schifino sold 848 Flushing Avenue, Bushwick, Brooklyn for $3.5 million to Joel Wieder on July 07, 2021.

Joel Wieder borrowed $15.2 million from Berkadia Commercial Mortgage for 288 Union Avenue, East Williamsburg, Brooklyn on December 31, 2020.

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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