Express Builders

144 Spencer Street Suite 612 Brooklyn, NY 11205

People:

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Express Builders NYC portfolio

$278.4 million -V1 91%, retail 5%, walkup 2%; Brooklyn 94%, Bronx 5%*

757th largest portfolio by dollar value

36,054 sqft – retail 58%, walkup 41%; Bronx 58%, Brooklyn 41%

4013th largest by SF

5 properties – Brooklyn 80%, Bronx 20%

1840th largest

16 residential units – Brooklyn 100%

4040th largest by residential units

Company Activity past 24 months:

Buyer company: 2 for $18.1 million

Seller company: 1 for $60 million

Borrower company: 4 for $232.2 million

Developer (new building or major alteration): 4 for 348,930 square feet

Top Ten Associated People:

Jennifer Smith (1), David Templer (1), Joel Hammer (1)

Recent activity as company:

• Express Builders borrowed $6.1 million from JPMorgan Chase for 1444 Bedford Avenue on March 30, 2026.

• Express Builders for Joel Braver filed plans for new building for 64,861 sqft in Fordham Heights, Bronx, on October 17, 2025.

• Express Builders for Joel Braver filed plans for new building for 65,392 sqft in Fordham Heights, Bronx, on October 17, 2025.

• Express Builders sold 1581 Lafayette Avenue for $60 million to David Templer on June 20, 2025.

• Express Builders and Twin Group Associates borrowed $11 million from Popular Bank for 65 East Burnside Avenue on February 28, 2025.

• Food City Markets, Inc sold 65 East Burnside Avenue for $15 million to Express Builders and Twin Group Associates on February 28, 2025.

• Express Builders for Joel Braver filed plans for new building for 62,045 sqft in Red Hook, Brooklyn, on January 28, 2025.

• Express Builders borrowed $192.1 million from NYC Housing Development Corporation for 498 Columbia Street, Red Hook, Brooklyn on December 19, 2024.

• Express Builders for Joel Braver filed plans for new building for 156,632 sqft in Red Hook, Brooklyn, on December 02, 2024.

• Express Builders borrowed $23 million from Castellan Capital for 1581 Lafayette Avenue on August 30, 2024.

Properties:

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