Excel Development Group
116- 55 Queens Blvd Suite 206 Forest Hills NY 11375
People:
Excel Development Group NYC portfolio
$20.2 million -walkup 100%; Manhattan 100%*
3496th largest portfolio by dollar value
14,605 sqft – walkup 100%; Manhattan 100%
5491th largest by SF
2 properties – Manhattan 100%
3974th largest
41 residential units – Manhattan 100%
2848th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $30 million
Borrower company: 1 for $13.7 million
Developer (new building or major alteration): 1 for 6,220 square feet
Top Ten Associated Companies:
Netanel Group (1), Shloime Goldstein (1), Bank Leumi (1)
Top Ten Associated People:
Recent activity as company:
• Excel Development Group for Michael Heletz filed plans for new building for 6,220 sqft in Gowanus, Brooklyn, on March 26, 2026.
• Excel Development Group sold 545 West 54 Street for $30 million to Shloime Goldstein on January 16, 2026.
• Excel Development Group borrowed $13.7 million from Netanel Group for 339 East 33 Street on December 23, 2025.
• Excel Development Group for Michael Heletz filed plans for new building for 104,016 sqft in Hell’s Kitchen, Manhattan, on May 02, 2023.
• Uri Ben-Ezer sold None for $2.1 million to Excel Development Group on June 03, 2022.
• Catholic Charities of the Archdiocese of New York sold 545 West 54 Street for $25 million to Excel Development Group on December 28, 2021.
• Excel Development Group borrowed $19.5 million from Bank Leumi for 545 West 54 Street on December 28, 2021.
• Excel Development Group for Michael Heletz filed plans for new building for 130,193 sqft in Kips Bay, Manhattan, on June 28, 2019.
• Excel Development Group for Michael Heletz filed plans for new building for 72,631 sqft in Astoria, Queens, on April 09, 2014.
Latest Stories:
• Michael Heletz’s Excel Development plans 71 units in Hell’s Kitchen (May 05, 2023)
Properties: