Pinches Abowitz
(Peter Abowitz)
Owner
Pinches Abowitz portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$3.7 million – retail 56%, development 30%; Brooklyn 56%, Bronx 27%
4287th largest portfolio by dollar value
14,904 sqft – retail 92%, A5 7%;
4623th largest by SF
7 properties – Bronx 57%, Brooklyn 28%
150th largest
129 residential units – Brooklyn 53%, Bronx 46%
669th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $4.8 million
Seller signatory: 0 for $0
Borrower signatory: 4 for $58.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 2 for 7,768 square feet
Top Ten Associated Companies:
S3 Capital (2), Robert Matatov (1), Marcal Group (1), Popular Bank (1), Webster Bank (1)
Top Ten Associated People:
Robert Matatov (1), Mark Caller (1), Joshua Crane (1)
Recent activity as signatory:
• Pinches Abowitz borrowed $29.3 million from S3 Capital for 2716 Church Avenue and 2700 Church Avenue, East Flatbush, Brooklyn on June 20, 2024.
• Pinches Abowitz borrowed $7 million from Webster Bank for 1166 Fox Street, East Morrisania, Bronx on March 19, 2024.
• Pinches Abowitz borrowed $12.6 million from Popular Bank for 11-19 Foam Place, Far Rockaway, Queens on February 02, 2024.
• Marcal Group sold 11-19 Foam Place, Far Rockaway, Queens for $4.8 million to Pinches Abowitz on January 31, 2024.
• Peter Abowitz filed plans for major alteration for 6,563 sqft in Kensington, Brooklyn, on July 12, 2023.
• Pinches Abowitz borrowed $9.7 million from S3 Capital for 1172 Fox Street, 1166 Fox Street, 1168 Fox Street, and 1164 Fox Street, East Morrisania, Bronx on February 16, 2023.
• Peter Abowitz filed plans for major alteration for 1,205 sqft in East Morrisania, Bronx, on January 18, 2023.
• Robert Matatov sold 1166 Fox Street, 1168 Fox Street, and 1164 Fox Street, East Morrisania, Bronx for $2.3 million to Pinches Abowitz on May 17, 2022.
• Peter Abowitz filed plans for new building for 43,644 sqft in East Morrisania, Bronx, on March 03, 2022.
Latest Stories:
• Pinches Abowitz signs $12.6M construction loan for development in Far Rockaway February 05, 2024
• Pinches Abowitz pays $4.8M to Marcal Group for 66-unit dev site in Far Rockaway February 01, 2024
• Yaakov Geldzahler pays $4.9M for 16-unit dev project in East Flatbush July 29, 2022