Solomon Schwimmer
Owner
Solomon Schwimmer portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$69.9 million – elevator 44.0%, walkup 43.0%; Brooklyn 92.0%, Bronx 7.0%
734th largest portfolio by dollar value
377,114 sqft – elevator 44.0%, walkup 43.0%;
742th largest by SF
37 properties – Brooklyn 91%, Bronx 8%
120th largest
613 residential units – Brooklyn 94.0%, Bronx 5.0%
324th largest by residential units
Person Activity past 24 months:
Buyer signatory: 3 for $26 million
Seller signatory: 0 for $0
Borrower signatory: 9 for $137.3 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 4 for 145,741 square feet
Top Ten Associated Companies:
Bank of Princeton (4), Valley National Bank (4), Sabal Capital Partners (3), IceCap Group (1), Parke Bank (1), Kearny Bank (1), S3 Capital (1), Chuen Po Kao (1), Jacqueline Kao (1), Ponce Bank (1)
Top Ten Associated People:
Joseph Sasson (1), Joe Garcia (1), Kenneth Stevenson (1), William McCoy (1), Joshua Crane (1), Chuen Po Kao (1), Jacqueline Kao (1), Steven A. Tsavaris (1), Terence J. McArdle (1), Andy G. Zhong (1)
Recent activity as signatory:
• Solomon Schwimmer borrowed $5 million from IceCap Group for 679 Marcy Avenue, Bedford Stuyvesant, Brooklyn on November 06, 2024.
• Daniel R. Miller sold 503 4th Avenue, South Slope, Brooklyn for $2 million to Solomon Schwimmer on August 15, 2024.
• Solomon Schwimmer filed plans for major alteration for 29,692 sqft in Borough Park, Brooklyn, on August 15, 2024.
• Robert Bardach sold 3013 3rd Avenue, Melrose, Bronx for $1.5 million to Solomon Schwimmer on May 06, 2024.
• Solomon Schwimmer borrowed $17 million from Bank of Princeton for 650 Madison Street, Bedford Stuyvesant, Brooklyn on April 11, 2024.
• Solomon Schwimmer borrowed $8 million from EastAlliance for 150 Lawrence Street, Downtown Brooklyn, Brooklyn on March 29, 2024.
• Solomon Schwimmer filed plans for major alteration for 7,249 sqft in Melrose, Bronx, on March 19, 2024.
• Solomon Schwimmer filed plans for major alteration for 6,368 sqft in Melrose, Bronx, on March 19, 2024.
• Jacob Joseph Schwimmerand Solomon Schwimmer borrowed $9.2 million from Valley National Bank for 558 Sackett Street, Gowanus, Brooklyn on February 27, 2024.
• Solomon Schwimmer borrowed $55 million from Ponce Bank for 150 Lawrence Street, Downtown Brooklyn, Brooklyn on December 19, 2023.
Latest Stories:
• Solomon Schwimmer signs $17M refi for 38-unit rental in Bedford Stuyvesant April 12, 2024
• Solomon Schwimmer plans 101-unit project in Downtown Brooklyn June 06, 2023
• Solomon Schwimmer pays $22.5M for potential dev site in Downtown Brooklyn February 28, 2023
• Solomon Schwimmer pays $5.6M for 34-unit dev site in Gowanus November 11, 2022