Castellan Real Estate Partners
Lender
122 East 42nd Street, Suite 1903 New York, NY 10168
People:
Castellan Real Estate Partners NYC portfolio
$68.9 million -elevator 48%, mixed-use 26%, walkup 24%; Manhattan 81%, Bronx 18%*
1789th largest portfolio by dollar value
177,893 sqft – walkup 52%, elevator 36%, mixed-use 11%; Manhattan 54%, Bronx 45%
1654th largest by SF
12 properties – Bronx 58%, Manhattan 41%
837th largest
197 residential units – Manhattan 55%, Bronx 44%
1111th largest by residential units
Notes
Castellan Capital is a lender which is affiliated with Castellan Real Estate Partners, which owns real estate.
Company Activity past 24 months:
Seller company: 1 for $2.5 million
Borrower company: 1 for $18.3 million
Top Ten Associated Companies:
Magid Properties (1), New York Community Bank (1), Modern Bank (1), Preferred Bank (1), Lument (1), City Skyline Realty (1), PIMCO (1), Chestnut Holdings (1)
Top Ten Associated People:
Anthony Simari (2), Zach Magid (1), Sylvia Tseng (1), Tom Purtill (1)
Recent activity as company:
• Castellan Real Estate Partners sold 2156 Cortelyou Road for $2.5 million to Magid Properties on December 04, 2025.
• Moses Karpen borrowed $29.1 million from EastAlliance Partners and Ponce Bank for 691 Broadway on November 14, 2025.
• Castellan Real Estate Partners borrowed $18.3 million from Lument for 9 East 30 Street on July 26, 2024.
• Joel Braver borrowed $19.1 million from Castellan Real Estate Partners for None on February 10, 2023.
• Joseph Freund borrowed $8.5 million from Ponce Bank for 640 Parkside Avenue on November 04, 2022.
• Dirty Building Holdings LP borrowed $8.2 million from Castellan Real Estate Partners for 394 West Broadway on October 21, 2022.
• Castellan Real Estate Partners borrowed $8.1 million from Preferred Bank for 4 St Marks Place on August 25, 2022.
• Castellan Real Estate Partners sold 92 East 111 Street for $5.2 million to Chestnut Holdings on February 10, 2022.
• Castellan Real Estate Partners sold 526 East 119 Street for $6 million to City Skyline Realty on January 28, 2022.
• 307-309 Sixth Avenue LLC on December 28, 2021 bought a loan with an original principal of $9.3 million from Castellan Real Estate Partners, signed by Joel Hammer, secured by 309 Avenue Of The Americas, when owned by Metrovest Equities.
Latest Stories:
• Abdul Salem Mused pays $8M for industrial in Brownsville (September 11, 2025)
• Cofinance Group pays $21M for mixed-use in SoHo (August 18, 2025)
• Fannie Mae files $10.7M pre-foreclosure on 40-unit rental in Crown Heights (April 18, 2024)
• Yu-Ming Wu, Wendy Lam pay $2.2M for office condo in Chinatown (July 31, 2023)
• Moses Karpen pays $8M for four properties in Williamsburg (June 14, 2023)
• Moses Karpen files to demolish 5 buildings in Williamsburg (April 26, 2023)
• Anonymous note buyer files $22.6M West Village dev site bankruptcy (January 10, 2023)
Properties: