Heracles Acquisition Fund

Lender

585 Stewart Avenue, Suite 770, Garden City, New York 11530

People:

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Heracles Acquisition Fund NYC portfolio

$4.8 million -mixed-use 100%; Brooklyn 56%, Queens 43%*

6031th largest portfolio by dollar value

12,774 sqft – mixed-use 100%; Queens 58%, Brooklyn 41%

5719th largest by SF

2 properties – Brooklyn 50%, Queens 50%

4806th largest

10 residential units – Queens 60%, Brooklyn 40%

4833th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $2.7 million

Recent activity as company:

TLOA Mortgage sold 1427 Dekalb Avenue for $2.7 million to Jody Vorchheimer, Linda Salamon and Heracles Acquisition Fund on September 23, 2025.

• Ronni Newman foreclosed sold 11-36 31 Avenue for $2.1 million to Heracles Acquisition Fund on August 11, 2023.

Heracles Acquisition Fund on December 16, 2020 bought a loan with an original principal of $4.5 million from Titan Capital, signed by Ira E. Saferstein, secured by 527 Myrtle Avenue, when owned by Jason Lee.

Properties:

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