Hidrock Properties
(Hidrock Realty)
Owner, Developer
Family Office
40 Wall Street
27th Floor New York, NY 10005
People:
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Hidrock Properties NYC portfolio
$30.5 million -elevator 53%, mixed-use 46%; Brooklyn 100%*
2902th largest portfolio by dollar value
53,490 sqft – elevator 79%, mixed-use 20%; Brooklyn 100%
3376th largest by SF
3 properties – Brooklyn 100%
2941th largest
42 residential units – Brooklyn 100%
2879th largest by residential units
2 foreclosures, 0 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Seller company: 2 for $55.3 million
Top Ten Associated Companies:
Lotus Design International (2), Avdoo & Partners Development (2), Elite Group International NY (2), Cofinance Group (2), Emerald Creek Capital (1), 5eholdings LLC (1), James Jung (1), Don Choi (1), Formosa Asset Group (1), Yeol Kim (1)
Top Ten Associated People:
Kunal Agarwal (2), Shlomo Avdoo (2), In Yeol Kim (2), Mark Winter-Gitelson (2), James Jung (1), Don M. Choi (1), Eric Chen (1), Yeol Kim (1), Kenneth Y. Leung (1), Manouchehr Malekan (1)
Recent activity as company:
• Hidrock Properties sold 72 Nassau Street and 72 Nassau Street, Financial District, Manhattan for $18.4 million to Malachite Group on March 14, 2025.
• Hidrock Properties sold 140 Fulton Street for $36.9 million to Bank Hapoalim on January 15, 2025.
• Hidrock Properties sold 117 Cedar Street for $21.7 million to Hiwin Group USA on March 28, 2024.
• Hidrock Properties sold 193 Prospect Park West for $7 million to Yuval Jacob on March 22, 2024.
• Hidrock Properties sold 35 West 36th St and 35 West 36th St, Garment District, Manhattan for $4 million to Don Choi on October 06, 2023.
• Hidrock Properties sold 12 East 48th Street, Midtown East, Manhattan for $2.1 million to Eduard Kandinov on August 28, 2023.
• Hidrock Properties sold 102 Boerum Place for $20.1 million to Avdoo & Partners Development on July 25, 2023.
• Hidrock Properties sold 148 10 Avenue for $26.9 million to Benchmark Real Estate Group on June 28, 2023.
• Hidrock Properties sold 35 West 36th St, Garment District, Manhattan for $2.1 million to A to Z Media on June 02, 2023.
• Hidrock Properties sold 35 West 36th St, Garment District, Manhattan for $4.1 million to Formosa Asset Group on May 31, 2023.
Latest Stories:
• Malachite Group pays $18.4M to Hidrock for one time dev site in FiDi (April 01, 2025)
• Yuval Jacob pays $7M to Hidrock Properties for retail in South Slope (March 29, 2024)
• $39M FiDi foreclosure auction set for this month (January 11, 2024)
• Avdoo & Partners pays $20.1M to Hidrock for retail in Boerum Hill (August 01, 2023)
• Benchmark pays Hidrock $26.9M for 3 Chelsea walkups (July 06, 2023)
Court Records:
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• Valley National Bank filed a $1.4 million lawsuit 653388/2025 against Hidrock Properties, Abraham J. Hidary, Eddie J. Hidary, Jack A. Hidary and Steven Hidary on June 03, 2025, seeking a money judgment related to loan.
• Emerald Creek Capital filed a $23.5 million lawsuit 653102/2023 against Hidrock Properties, Jack A. Hidary, Abraham J. Hidary, Steven J. Hidary and Eddie J. Hidary on June 28, 2023, seeking a money judgment related to loan at 112 Liberty Street.
• Hidrock Properties, Jack Hidary, Abraham Hidary and Eddie Hidary filed a $32.8 million lawsuit 653304/2022 against Bank Hapoalim on September 09, 2022, seeking a judgment related to loan at 140 Fulton Street.
• Bank Hapoalim filed a $32.8 million pre-foreclosure 850142/2022 on July 19, 2022, against Hidrock Properties, Jack Hidary, Abraham Hidary, Eddie Hidary and Steven Hidary at 142 Fulton Street and 140 Fulton Street.
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Properties:
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• Mixed-use building on 27 5 avenue, park slope, brooklyn (3009290001)
• Mixed-use building on 32 5 avenue, park slope, brooklyn (3009300036)
• Elevator building on 1288 east 19 street, midwood, brooklyn (3067380035)
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