AbeCo Organization

6701 Bay Parkway, Third Floor Brooklyn, NY 11204

People:

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AbeCo Organization NYC portfolio

$89.3 million -elevator 34%, retail 33%, mixed-use 13%; Brooklyn 99%*

1602th largest portfolio by dollar value

265,158 sqft – mixed-use 60%, elevator 20%, walkup 15%; Brooklyn 100%

1295th largest by SF

17 properties – Brooklyn 100%

597th largest

256 residential units – Brooklyn 100%

951th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $2.1 million

Seller company: 1 for $2 million

Borrower company: 4 for $90.5 million

Top Ten Associated People:

Jane H. Lam (2), Bibi Salim (1), Raul Presco (1), J. Christopher Hoeffel (1)

Recent activity as company:

• AbeCo Organization and Patricia G. Lampl borrowed $37 million from Morgan Stanley for 749 Broadway on March 02, 2026.

• AbeCo Organization borrowed $20 million from Counterpointe Sustainable Advisors for 147 Cambridge Place on December 23, 2025.

• AbeCo Organization borrowed $18.5 million from Morgan Stanley for 1881 Mcdonald Avenue on August 01, 2025.

• Margate Atlantic Properties sold 822 Broadway for $2.1 million to AbeCo Organization on October 15, 2024.

• AbeCo Organization borrowed $15 million from Amalgamated Bank for 906 East New York Avenue on August 29, 2024.

• AbeCo Organization sold 5412 Church Avenue for $2 million to Bibi Salim on June 05, 2024.

• AbeCo Organization borrowed $16 million from Popular Bank for 147 Cambridge Place on February 22, 2024.

• Scott Kupferman and Neil Kupferman sold 581 Vanderbilt Avenue for $3 million to AbeCo Organization on August 15, 2023.

• Scott Kupferman and Neil Kupferman sold 36 St Felix Street for $4 million to AbeCo Organization on August 15, 2023.

• AbeCo Organization borrowed $15 million from Metropolitan Commercial Bank for 1881 Mcdonald Avenue and 369 Quentin Road, Gravesend, Brooklyn on October 19, 2022.

Properties:

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